Investing.com - Juniper reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Juniper announced earnings per share of $0.23 on revenue of $998M. Analysts polled by Investing.com anticipated EPS of $0.25 on revenue of $1.01B. That with comparison to EPS of $0.26 on revenue of $1B in the same period a year before.Juniper had reported EPS of $0.58 on revenue of $1.21B in the previous quarter.Analysts are expecting EPS of $0.35 and revenue of $1.06B in the upcoming quarter.
Juniper shares are down 2% from the beginning of the year and are trading at $24.25 , down-from-52-week-high.They are outperforming the S&P 500 which is down 11.75% year to date.
Juniper shares gained 1.38% in after-hours trade the report.
Juniper follows other major Technology sector earnings this month
Juniper's report follows an earnings missed by Alphabet C on Tuesday, who reported EPS of $9.87 on revenue of $41.16B, compared to forecasts EPS of $10.26 on revenue of $40.99B.
Alphabet A had missed expectations on Tuesday with first quarter EPS of $9.87 on revenue of $41.16B, compared to forecast for EPS of $10.71 on revenue of $40.99B.
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