Investing.com - Juniper reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Juniper announced earnings per share of $0.43 on revenue of $1.17B. Analysts polled by Investing.com anticipated EPS of $0.3875 on revenue of $1.14B.
Juniper shares are up 10% from the beginning of the year and are trading at $26.34 , down-from-52-week-high.They are under-performing the Dow Jones which is up 14.55% from the start of the year.
Juniper shares lost 4.70% in after-hours trade the report.
Juniper follows other major Information Technology sector earnings this month
Juniper's report follows an earnings beat by Apple on Tuesday, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.26B.
Microsoft had beat expectations on Tuesday with fourth quarter EPS of $2.17 on revenue of $46.15B, compared to forecast for EPS of $1.91 on revenue of $44.06B.
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