Investing.com - Juniper reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Juniper announced earnings per share of $0.42 on revenue of $1.27B. Analysts polled by Investing.com anticipated EPS of $0.4453 on revenue of $1.26B.
Juniper shares are down 21% from the beginning of the year and are trading at $26.86 , down-from-52-week-high.They are under-performing the S&P 500 which is down 17.73% from the start of the year.
Juniper shares lost 4.31% in after-hours trade the report.
Juniper follows other major Information Technology sector earnings this month
Juniper's report follows an earnings missed by Microsoft on Tuesday, who reported EPS of $2.23 on revenue of $51.87B, compared to forecasts EPS of $2.29 on revenue of $52.43B.
Visa A had beat expectations on Tuesday with third quarter EPS of $1.98 on revenue of $7.28B, compared to forecast for EPS of $1.74 on revenue of $7.06B.
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