Juniper Networks: What Is The Expected Future Growth in AI and Ethernet Technologies?

The Q3 2023 results for Juniper Networks surpassed the company’s guidance in several areas. For instance, total revenue was $1.398 billion, slightly above the midpoint of company guidance, and led to non-GAAP earnings per share of $0.60, exceeding the top of the forecasted range. Juniper Networks’ non-GAAP gross and operating margins were also stronger than expected. Moreover, the company reported product orders that were parallel to expectations for Q3, with an improved year-over-year order decline rate compared to previous quarters.