Investing.com - Juniper reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Juniper announced earnings per share of $0.31 on revenue of $1.17B. Analysts polled by Investing.com anticipated EPS of $0.3167 on revenue of $1.16B.
Juniper shares are down 5% from the beginning of the year and are trading at $31.75 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.4% from the start of the year.
Juniper shares lost 5.51% in after-hours trade the report.
Juniper follows other major Information Technology sector earnings this month
Juniper's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.22 on revenue of $49.36B, compared to forecasts EPS of $2.19 on revenue of $49.01B.
Taiwan Semiconductor had beat expectations on April 14 with first quarter EPS of $1.35 on revenue of $16.94B, compared to forecast for EPS of $1.27 on revenue of $16.73B.
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