Juniper Networks Q4 2019 Earnings Report
Key Takeaways
Juniper Networks reported a 2% year-over-year increase in net revenues for the fourth quarter of 2019, reaching $1,208.1 million. The company's GAAP net income was $168.4 million, resulting in a diluted earnings per share of $0.49. Non-GAAP net income was $198.7 million, with a non-GAAP diluted earnings per share of $0.58. The company saw encouraging trends across various areas of their business, including record Enterprise sales and double digit year-over-year growth in the Cloud.
Net revenues increased by 2% year-over-year to $1,208.1 million.
GAAP operating margin was 14.8%, while non-GAAP operating margin was 20.3%.
GAAP net income was $168.4 million, resulting in diluted earnings per share of $0.49.
Non-GAAP net income was $198.7 million, resulting in non-GAAP diluted earnings per share of $0.58.
Juniper Networks
Juniper Networks
Juniper Networks Revenue by Segment
Juniper Networks Revenue by Geographic Location
Forward Guidance
For the quarter ending March 31, 2020, Juniper Networks expects revenue to be approximately $1,030 million, plus or minus $30 million, and non-GAAP net income per share to be approximately $0.27, plus or minus $0.03.
Revenue & Expenses
Visualization of income flow from segment revenue to net income