Reports preliminary Q4 revenue $1.45B, consensus $1.48B. "We experienced strong business momentum during the December quarter, including a second consecutive quarter of double-digit year-over-year revenue growth, a record performance by our enterprise business, and our second-highest cloud revenue quarter," said Juniper’s CEO, Rami Rahim. "Our experience-first networking strategy, focused on leveraging AI and cloud-delivered automation to improve customer operations and the end-user experience, continues to resonate across the markets we serve. We believe our differentiated solutions, along with our go-to-market investments and strong backlog, should position us to deliver another year of solid revenue growth in 2023."
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on JNPR:
- Juniper Networks options imply 4.8% move in share price post-earnings
- Juniper price target raised to $32 from $31 at Piper Sandler
- JPMorgan ups Juniper target, adds to Analyst Focus List
- Juniper price target raised to $29 from $25 at Morgan Stanley
- Juniper selected as preferred technology partner for Deutsche Telekom’s SD-X