Juniper Networks Reports Preliminary First Quarter 2020 Financial Results

Juniper Networks has reported preliminary financial results for the three months ended March 31, 2020, and provided its outlook for the three months ending June 30, 2020.

Net revenues were $998.0 million, flat year-over-year, and a decrease of 17 percent sequentially.

GAAP operating margin was 3.9 percent, a decrease from 4.3 percent in the first quarter of 2019, and a decrease from 14.8 percent in the fourth quarter of 2019.

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