Juniper Networks Slips After Q2 Earnings Miss, Says Profitability To Be Impacted Over Next Few Quarters
Juniper Networks, Inc. (NYSE: JNPR ) reported second-quarter revenue growth of 8% year-over-year to $1.27 billion , beating the consensus of $1.26 billion. Adjusted EPS of $0.42 missed the consensuses of $0.45. The operating margin grew 8.5% in Q2 compared to7% in 2Q21. The adjusted operating margin was 13.9%, a decrease from 15.8% in 2Q21. JNPR’s cash used in operating activities year-to-date totaled $(73.8) million compared to cash provided of $437 million a year ago. Total cash, … Full story available on Benzinga.com
Juniper Networks Slips After Q2 Earnings Miss, Says Profitability To Be Impacted Over Next Few Quarters
Juniper Networks, Inc. (NYSE: JNPR ) reported second-quarter revenue growth of 8% year-over-year to $1.27 billion , beating the consensus of $1.26 billion. Adjusted EPS of $0.42 missed the consensuses of $0.45. The operating margin grew 8.5% in Q2 compared to7% in 2Q21. The adjusted operating margin was 13.9%, a decrease from 15.8% in 2Q21. JNPR’s cash used in operating activities year-to-date totaled $(73.8) million compared to cash provided of $437 million a year ago. Total cash, … Full story available on Benzinga.com