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Dec 31, 2023
Juniper Networks Q4 2023 Earnings Report
Juniper Networks reported preliminary financial results for Q4 and Fiscal Year 2023.
Key Takeaways
Juniper Networks reported a decrease in net revenues and GAAP operating margin for the fourth quarter of 2023. However, the company achieved record revenue results in 2023 and grew its business on a year-over-year basis for the third consecutive year.
Net revenues decreased by 6% year-over-year to $1,364.8 million.
GAAP operating margin decreased to 9.2% from 14.0% in Q4 2022.
GAAP net income was $124.3 million, a decrease of 31% year-over-year.
Proposed merger with Hewlett Packard Enterprise expected to close in late 2024 or early 2025.
Revenue by Geographic Location
Forward Guidance
In light of the proposed transaction with HPE, Juniper Networks will not be providing financial guidance in conjunction with its fourth quarter 2023 earnings release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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