Juniper beats quarterly estimates on networking gear demand

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The story "Juniper beats quarterly estimates on networking gear demand" was covered 3 weeks ago by Channel News Asia, a news publisher based in Singapore.

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Juniper beats quarterly estimates on networking gear demand - Channel News Asia

Quick Summary:

Juniper Networks, which is being bought by Hewlett Packard Enterprise, beat Wall Street estimates for third-quarter revenue and profit on Thursday, aided by demand for its networking equipment.

On an adjusted basis, the company earned 48 cents per share in the quarter ended Sept.30, compared with estimates of 44 cents per share.

Juniper said on Thursday it would not provide annual forecast owing to the takeover, which is expected to close by late 2024 or early 2025.