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Juniper Networks misses Q1 guidance, sees better Q2 after orders up 10%

2020-04-29 09:34:00| Telecompaper Headlines

(Telecompaper) Juniper Networks reported first-quarter revenues of USD 998 million, unchanged year-on-year and down 17 percent from the fourth quarter. Sales came in below expectations due to disruptions to production from the Covid-19 crisis, the company said. Orders remained strong, up 10 percent year-on-year, leading to a forecast for sequential revenue growth in Q2.

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