Home › Juniper adjusts Q3 guidance on lower demand
 

Keywords :   


Juniper adjusts Q3 guidance on lower demand

2014-10-10 09:30:00| Telecompaper Headlines

(Telecompaper) Juniper Networks lowered its revenues guidance for the third quarter, saying it now expects revenues at USD 1.10-1.12 billion, from the 1.15-1.20 billion previously forecast. The company attributed the decline mainly to lower-than-anticipated demand from service providers, particularly in the US. Non-GAAP earnings per diluted share are now seen at USD 0.34-0.36, from the previous guidance of 0.35-0.40, with the decline softened by the company's continued focus on cost reduction initiatives and the benefit of reduced variable compensation for the quarter. Juniper will report Q3 results on 23 October.

Tags: lower demand guidance adjusts

Category:Telecommunications

Latest from this category

All news
»
05.10Tropical Storm Milton Public Advisory Number 2
05.10Hurricane Kirk Graphics
05.10Hurricane Kirk Forecast Discussion Number 26
05.10Tropical Storm Milton Graphics
05.10Hurricane Kirk Wind Speed Probabilities Number 26
05.10Hurricane Leslie Graphics
05.10Hurricane Kirk Public Advisory Number 26
05.10Summary for Hurricane Kirk (AT2/AL122024)
More »