SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — Juniper Networks Inc. (JNPR) on Thursday reported first-quarter earnings of $64.1 million.
The Sunnyvale, California-based company said it had profit of 19 cents per share. Earnings, adjusted for one-time gains and costs, came to 43 cents per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.
The computer network equipment maker posted revenue of $1.28 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $1.26 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JNPR at https://www.zacks.com/ap/JNPR
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