Seeking Alpha

Juniper offers light guidance; Junos Pulse to be sold for $250M

  • Though it beat Q2 estimates, Juniper (NYSE:JNPR) expects Q3 revenue of $1.15B-$1.2B and EPS of $0.35-$0.40, below a consensus of $1.26B and $0.44. The company says it's dealing with "some customer-specific dynamics" that are weighing on results.
  • Juniper also announces it's selling its Junos Pulse security software unit to P-E firm Siris Capital for $250M.
  • Shares -6.1% AH. Q2 results, PR.
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