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Latest Update On Hot Stock: Juniper Networks, Inc. (NYSE: JNPR)

Shares of Juniper Networks, Inc. (NYSE: JNPR) above +0.59% and ended at $27.42. The stock’s market capitalization arrived at $9.574B and total traded volume was 3,867,985 shares. The stock has a 52-week highest price of $30.29 and its 52-week lowest price was called at $23.61. During last trade, its maximum trading price was registered $27.66 and it’s the minimum trading price was noted $27.30.

Juniper Networks (JNPR) recently stated preliminary financial results for the three months ended March 31, 2018 and provided its outlook for the three months ending June 30, 2018.

First Quarter 2018 Financial Performance

Net revenues were $1,082.6M, a decrease of 11% year-over-year and 13% sequentially.

GAAP operating margin was 5.1%, a decrease from 12.8% in the first quarter of 2017, and a decrease from 16.4% in the fourth quarter of 2017.

Non-GAAP operating margin was 12.3%, a decrease from 20.8% in the first quarter of 2017, and a decrease from 22.7% in the fourth quarter of 2017.

GAAP net income was $34.4M, a decrease of 68% year-over-year, resulting in diluted net income per share of $0.10.

Non-GAAP net income was $99.5M, a decrease of 44% year-over-year and 50% sequentially, resulting in diluted earnings per share of $0.28.

Balance Sheet and Other Financial Results

Total cash, cash equivalents, and investments as of March 31, 2018 were $3,448.4M, contrast to $4,043.7M as of March 31, 2017, and $4,021.0M as of December 31, 2017.

Net cash flows provided by operations for the first quarter of 2018 was $271.1M, contrast to $546.6M in the first quarter of 2017, and $211.6M in the fourth quarter of 2017.

Days sales outstanding in accounts receivable, or “DSO,” was 57 days in the first quarter of 2018, contrast to 49 days in the first quarter of 2017, and 62 days in the fourth quarter of 2017.

Capital expenditures were $42.2M and depreciation and amortization expense was $55.0M during the first quarter of 2018.

During the quarter, the company initiated a $750M accelerated share repurchase contract and paid a $62M quarterly dividend, or $0.18 per share.


These metrics are provided on a non-GAAP basis, except for revenue and share count. Earnings per share is on a fully diluted basis. The outlook assumes that the exchange rate of the U.S. dollar to other currencies will remain relatively stable at current levels.

Our Q2 revenue outlook reflects a return to normal seasonality. While consumer spending patterns remain dynamic and difficult to predict, we continue to expect sequential growth through the remainder of the year, with a return to year-over year growth during the December quarter.

The company expects gross margin to improve sequentially during the June quarter Because of higher volumes and improvements in our cost structure. While better volumes and cost structure efficiencies should drive further gross margin improvement during the second half of 2018, the pace of improvement could be offset by mix and other factors.

A look on the firm performance, its monthly performance is 2.93% and a quarterly performance of 13.92%. The stock price is moving up from its 20 days moving average with 0.83% and isolated positively from 50 days moving average with 3.80%.


Paul Kiefer

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I am Paul Kiefer and I have over 13 years experience in the Technology industry giving me a vast understanding of how news affects the financial markets. I am an active day trader spending the majority of my time analyzing earnings reports and watching commodities and derivatives. I have a Masters Degree in Economics from Westminster University with previous roles counting Investment Banking. Address:  3838 Davis Avenue, San Francisco, CA 94104 Email:  Paul @analystsmedia.com Contact Number:  (1) 707-741-5727