Juniper Almost Hits Top-Line Estimates

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Juniper Networks, Inc. (JNPR-NASDAQ) just reported earnings: Q1-07 Net Revenue of $626.9M, up 11% from Q1’06; GAAP Diluted EPS $0.11; Non-GAAP Diluted EPS $0.19; expectations from te street were $620.8 million and $0.19 non-GAAP EPS. So revenues were a hair light adn non-GAAP EPS were in line.

Net cash flows from operations for the first quarter of 2007 were $152.6 million.  It noted a Virgin Media rollout and a deployment with Nokia Siemens, but did not give formal guidance in its release.  Shares are down 1% in after-hours at $20.85, but shares closed up 2.8% to $21.11 in regular trading.

Until guidance is given, this one is a coin toss.

Jon C. Ogg
April 23, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

Contact [email protected] for any questions or corrections.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

WDAY Vol: 16,304,414
GDDY Vol: 3,030,470
CSGP Vol: 7,966,029
TTD Vol: 34,523,288
WDC Vol: 8,659,036

Top Losing Stocks

TPR Vol: 8,517,248
CTRA Vol: 73,319,495
CSCO Vol: 61,302,688
GLW Vol: 8,538,649
MPWR Vol: 506,173