Juniper Posts Revenues of $224.1M, up 43% Year-over-Year

Juniper Networks reported Q1 revenues of $224.1 million, compared with $157.2 million for the same period last year, an increase of 43%. GAAP net income for the first quarter was $33.5 million or $0.08 per share, compared with a GAAP net income of $3.7 million or $0.01 per share in the first quarter of 2003.



NetScreen Technologies, which was acquired by Juniper Networks on 16-April-2004, had net revenues for the quarter of $93.5 million, compared with $58.3 million for the same period last year, an increase of 60%. GAAP net loss for the quarter was $3.0 million or $0.03 per share, compared with a GAAP net income of $5.9 million or $0.07 per share in the same quarter of 2003. http://www.juniper.net