Juniper Networks, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 27, 2021 at 04:15 pm EDT
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Juniper Networks, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 1,172.3 million compared to USD 1,086.3 million a year ago. Operating income was USD 85.7 million compared to USD 90.5 million a year ago. Net income was USD 62 million compared to USD 61.2 million a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to USD 0.18 a year ago. For the half year, total revenue was USD 2,246.7 million compared to USD 2,084.3 million a year ago. Operating income was USD 113.5 million compared to USD 129.9 million a year ago. Net income was USD 30.9 million compared to USD 81.6 million a year ago. Basic earnings per share from continuing operations was USD 0.09 compared to USD 0.25 a year ago. Diluted earnings per share from continuing operations was USD 0.09 compared to USD 0.24 a year ago.
Juniper Networks, Inc. is one of the world's leaders in designing and marketing ultra-high-speed Internet routing equipment. The group's products are primarily intended for telecommunication service providers, government organizations, educational institutions, and research centers. The group's activity is organized around 4 families of products and services:
- networking infrastructure products: high-performance routers and broadband connection equipment;
- network switching products: Ethernet switches, data center switches, etc.;
- IT security products and solutions : firewalls, VPN systems, security housings, intrusion detectors, etc. The group also offers application acceleration solutions.
- consulting, maintenance and training services.
Net sales break down by market into enterprises (46%), service providers (33.1%) and cloud operators (20.9%).
Products are manufactured by subcontractors.
Net sales break down geographically as follows: the United States (55.1%), the Americas (4.8%), Europe/Middle East/Africa (25.3%) and Asia/Pacific (14.8%).
JUNIPER NETWORKS, INC. 
