Juniper Networks (NYSE:JNPR) 4Q16 earnings; Beats Street View

Juniper Networks (NYSE:JNPR) 4Q16 earnings; Beats Street View

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Juniper Networks (NYSE:JNPR) JNPR: (%) revealed net income for the fourth quarter of $ 197.40 million or 51 cents per share, compared to income of $ 197.80 million or 51 cents per share, in the year-ago period.

On net income basis, Juniper Networks reported $ 254.30 million or 66 cents per share.

Total Revenue reached $ 1.39 billion, rose 5.00% from $ 1.32 billion a year ago.

Analysts polled by Thomson Reuters had expected net income of $ 0.63 a share on Total Revenue of $ 1.36 billion.

For the next quarter, revenues are expected approximately $1,200 million, plus or minus $30 million, while Non-GAAP net income per share anticipated in the range between $0.38 and $0.44 on a diluted basis.

About JNPR: (%)

Juniper Networks, Inc. designs, develops, and sells network products and services worldwide. It offers various routing products, including ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; T series routers; and NorthStar controllers.

The company also provides various switching products comprising EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; QFX series of core, spine, and top-of-rack data center switches; and OCX1100, an open networking switch. In addition, it offers security products, such as SRX series services gateways for the data centers; Branch SRX family that includes SRX300 Series…