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Juniper nets $1.2 billion for Q2 despite supply chain struggles

Juniper nets $1.2 billion for Q2 despite supply chain struggles
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Juniper Networks Inc (JNPR) Q1 2021 Earnings Call Transcript


Greetings, and welcome to Juniper Networks First Quarter 2021 Financial Results Conference Call. [Operator Instructions]
I would now like to turn this conference over to your host, Mr. Jess Lubert, VP of Investor Relations. Please go ahead, sir. You may begin.
Jess Lubert
Vice President of Investor Relations
Thank you operator. Good afternoon, and welcome to our first quarter 2021 conference call. Joining me today are, Rami Rahim, Chief Executive Officer and Ken Miller, Chief Financial Officer.
Today s call contains certain forward-looking statements based on our current expectations. These statements are subject to risks and uncertainties, and actual results might differ materially. These risks are discussed in our most recent 10-K, the press release and CFO commentary furnished with our 8-K filed today, and in our other SEC filings. The forward-looking statements speak only as of today, and Juniper undertakes no obligation to update any forward-looking sta ....

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A Technical Strategy for Network Provider Juniper


A Technical Strategy for Network Provider Juniper
JNPR could be traded from the long side.
For his second Executive Decision segment of
Mad Money Wednesday evening, Jim Cramer spoke with Rami Rahim, CEO of Juniper Networks JNPR, the network equipment provider.
The stock trades at 15 times earnings with a 3.5% dividend yield. Juniper is holding its annual analyst event this Friday.
Rahim said that Juniper managed to have a great year, despite the pandemic, by focusing on the segments of the enterprise market that were growing and pivoting to meet the new challenges.
Rahim explained that Juniper was able to reduce network trouble tickets by 90% but using AI to diagnose and fix problems before and as they occurred. ....

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Juniper Q4 gets boost from enterprise biz


Rami Rahim, CEO of increasingly acquisitive Juniper Networks, sounded fairly satisfied on the company s earnings conference call with analysts – transcribed by Motley Fool – to discuss Q4 and full-year performance in 2020.
We are exiting 2020 following two consecutive quarters of year-over-year growth, and entering the new year with good momentum, he said.
The supplier generated net revenue of $1.22 billion for the quarter, up 1% year-on-year, with compared with analyst expectations of $1.19 billion.
At the mid-point of guidance for Q1 2021, Juniper expects a year-on-year net revenue increase of 6%.
Of that guidance – $1.05 billion, plus or minus $50 million – Juniper notes that less than $10 million will be from the recent acquisitions of Apstra, 128 Technology and Netrounds. ....

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