jnpr followed up a surprisingly good Q1 with an even better Q2, despite the moody uncertainty hanging over the sector as a whole. Here’s a quick table of some of the relevant numbers:
| $ in millions | Q2/11 | Q3/11 | Q4/11 | Q1/12 | Q2/12 | Q3/12 (guidance) |
|---|---|---|---|---|---|---|
| Revenue | 1120.5 | 1105.8 | 1120.8 | 1032.5 | 1073.8 | 1040-1075 |
| EPS (non-GAAP) | 0.31 | 0.28 | 0.28 | 0.16 | 0.19 | 0.15-0.18 |
| Operating Margin (non-GAAP) | 21.6% | 20.0% | 18.6% | 12.0% | 15% | 13-14% |
Revenues, margins, and earnings per share were all above both the guided range and composite analyst projections for the second quarter. Third quarter guidance, on the other hand, was a bit light and reflected what the company called “near-term macro uncertainty”. All things considered though, traders seem happy with the Q2 beat and no big forecast of impending doom for the second half.
Juniper also announced a partnership with Riverbed for WAN optimization, application delivery, and mobility. Juniper is licensing Riverbed’s application delivery controller for $75M, and the two will work jointly to integrate Riverbed’s Steelhead Mobile tech into Junos Pulse client.
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