WASHINGTON (dpa-AFX) - Juniper Networks (JNPR) released a profit for its first quarter that rose from last year.
The company said its bottom line rose to $178.0 million, or $0.46 per share. This was up from $142.2 million, or $0.37 per share, in last year's first quarter.
Analysts had expected the company to earn $0.42 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 10.9% to $1.22 billion. This was up from $1.10 billion last year.
Juniper Networks earnings at a glance:
-Earnings (Q1): $178.0 Mln. vs. $142.2 Mln. last year. -Earnings Growth (Y-o-Y): 25.2% -EPS (Q1): $0.46 vs. $0.37 last year. -EPS Growth (Y-o-Y): 24.3% -Analysts Estimate: $0.42 -Revenue (Q1): $1.22 Bln vs. $1.10 Bln last year. -Revenue Change (Y-o-Y): 10.9%
-Guidance: Next quarter EPS guidance: 0.51 - 0.57 Next quarter revenue guidance: $1250 - $1310 Mln
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