GEC NEWS WIRENet revenues for the third quarter of 2015 were $1,248.6 million, an increase of 11% year-over-year and 2% sequentially.
Juniper reported preliminary financial results for the three months ended Sept. 30, 2015 and provided its outlook for the three months ending Dec. 31, 2015.
Net revenues for the third quarter of 2015 were $1,248.6 million, an increase of 11% year-over-year and 2% sequentially.
Juniper’s operating margin for the third quarter of 2015 increased to 20.7% on a GAAP basis, a year-over-year increase of 5.4 points and an increase of 0.8 points sequentially. Non-GAAP operating margin for the third quarter of 2015 increased to 25.5%, an increase of 4.0 points year-over-year and 0.3 points sequentially.
“We continue to challenge the status quo and bring new product innovations to market that bolster our position as a leader in network innovation. I’m proud of the results our team has yielded and have confidence in our prospects for the future.” said Rami Rahim, chief executive officer of Juniper Networks.
“We once again delivered good revenue and earnings for the quarter, a testament to our focus on our financial performance across key business metrics,” said Robyn Denholm, chief financial and operations officer of Juniper Networks. Juniper Networks estimates that for the quarter ending Dec. 31, 2015, Revenues will be approximately $1,290 million, plus or minus $20 million; Non-GAAP gross margin will be approximately 64%, plus or minus 0.5%.
