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Juniper (JNPR +3.9%) is higher as the Street decides a Q4 beat and in-line Q1 EPS guidance is...
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Friday, January 25, 2:26 PM ETJuniper (JNPR +3.9%) is higher as the Street decides a Q4 beat and in-line Q1 EPS guidance is good enough, even if revenue guidance is light. Also, product revenue was flat Y/Y after falling 3% in Q3, and op. margin rose 130 bps Q/Q to 18.2% thanks to job cuts. Enterprise sales fell 10% Y/Y (share loss, esp. in security), but service provider sales (65% of total) rose 9%, fueled by demand for MX Series edge routers and PTX Series Ethernet switches. Americas sales +17%, offsetting EMEA weakness. RVBD +2.9%. FFIV +1.7%. FTNT +4%. FIRE +2.5%. (transcript)
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