Juniper Posts Q2 Revenue of $879 Million, Up 32% YoY

Juniper Networks reported Q2 revenue of $879.0 million, up 32% from Q2 2007, and GAAP net income of $120.4 million, or $0.22 per diluted share. Juniper's operating margin for the second quarter of 2008 rose to 18.3% on a GAAP basis from 13.0% in the same quarter a year ago. Non-GAAP operating margin for the second quarter of 2008 rose to 23.6% from 20.4% in the second quarter of 2007.


'We're very pleased with the solid results we have delivered for the first half of 2008,' stated Scott Kriens, chairman and chief executive officer, Juniper Networks, Inc. 'This is a testament to the strength of our product cycles, the power of our portfolio strategy and the expanded opportunities made possible by the early success of the EX-series, which together serve to underscore our improved outlook for the second half of the year.'

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