Update: Juniper Earnings Divulge Pressured Top-Line Growth
Soid Ahmad • Today, 4:23 AM
- Juniper reported shrinking revenue but EPS growth, explained by lower service provider demand and enhanced cost controls.
- I remain optimistic about the long-term future prospects of Juniper amid data and capacity growth but the company faces headwinds in the short term.
- This result was expected and I further reduce the price target to $24.60.