Juniper Networks Bottom Line Climbs 8% In Q1

(RTTNews) - Juniper Networks (JNPR) revealed a profit for its first quarter that climbed from last year.

The company said its bottom line rose to $142.2 million, or $0.37 per share. This was higher than $131.6 million, or $0.32 per share, in last year's first quarter.

Analysts had expected the company to earn $0.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.8% to $1.10 billion. This was up from $1.07 billion last year.

Juniper Networks earnings at a glance:

-Earnings (Q1): $142.2 Mln. vs. $131.6 Mln. last year. -Earnings Growth (Y-o-Y): 8.1% -EPS (Q1): $0.37 vs. $0.32 last year. -EPS Growth (Y-o-Y): 15.6% -Analysts Estimate: $0.38 -Revenue (Q1): $1.10 Bln vs. $1.07 Bln last year. -Revenue Change (Y-o-Y): 2.8%

-Guidance: Next quarter EPS guidance: $0.44 - $0.50 Next quarter revenue guidance: $1.16 - $1.20 Bln