Wednesday, July 9, 2003

Juniper Reports Q2 Revenue of $165 M, up 41% over Last Year

Juniper Networks reported Q2 revenue of $165.1 million, compared with $117.0 million for the same period last year, an increase of 41%. Revenues in Q1 of this year were $157.2 million. GAAP net income for Q2 was $13.6 million or $0.03 per share, compared with a GAAP net income of $6.2 million or $0.02 per share in Q2 of 2002. The company described the quarter as "strong," and said it was encouraged by both the broadband momentum around the world as well as its sound financial footing in the industry.
http://www.juniper.net