Juniper Networks Report Q1 Revenue of $157.2 million

Juniper Networks reported first quarter revenue of $157.2 million, compared with $122.2 million for the same period last year and $155.3 million for Q4 2002. GAAP net income for the first quarter was $3.7 million or $0.01 per share, compared with a net loss of $46.0 million or $0.14 per share in the first quarter of 2002. Juniper's CEO, Scott Kriens, described the quarter's financial performance as "solid."http://www.juniper.net