- In addition to beating Q4 estimates, Juniper (NYSE:JNPR) has guided for Q1 revenue of $1.02B-$1.06B and EPS of $0.28-$0.32. The former is favorable to a $1.02B consensus, and the latter in-line with a $0.30 consensus.
- Juniper also forecasts 2015 operating expenses will be in a range of $1.875B-$1.925B, down $115M Y/Y at the midpoint.
- The company promises to buy back $1B worth of shares by the end of Q2, provided the needed debt financing is obtained. $500M was spent on buybacks in Q4.
- Shares have risen to $22.75 in AH trading.
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Q4 results, PR