Juniper (JNPR) repoted net revenues for the second quarter of 2007 were $664.9 million, compared with $567.5 million for the second quarter of 2006, an increase of 17 percent. Net income on a GAAP basis for the second quarter of 2007 was $86.2 million or $0.15 per share.
First Call estimates for the Q had been $0.20 EPS and $649.6 million in revenues.
The company had taken an impairment charge in the quarter a year ago, With this taken out, non-GAAP operating income for the quarter was $136 million compared to $128 million in the quarter a year ago.
Shares, which have been trading near their 52-week high, were up .7% after hours.
Douglas A. McIntyre
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
