Juniper Networks (NASDAQ:JNPR, news, filings) 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
|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.