Juniper Networks übertrifft Schätzungen um Längen! - 500 Beiträge pro Seite
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Juniper doubles forecast
Internet networking company says 3Q revenue jumped 78 percent from 2Q
October 12, 2000: 4:40 p.m. ET
NEW YORK (CNNfn) - Internet networking company Juniper Networks on Thursday reported a third-quarter profit that nearly doubled analysts` expectations, and revenue that jumped 78 percent from the second quarter, driven by demand for its high-speed routers.
Sunnyvale, Calif.-based Juniper (JNPR: Research, Estimates), which sells high-speed Internet routers that move data from point to point in a computer network, said pro forma net income, excluding the amortization of goodwill and special charges, was $60.3 million, or 17 cents a share.
Analysts surveyed by earnings tracker First Call had expected a profit of 9 cents a share.
"Our performance during the third quarter reflects the return on our commitment and focus on continued execution," said Scott Kriens, Chairman and CEO of Juniper Networks, in a statement.
Juniper`s stock has been one of the hottest on Nasdaq in the past year. On Thursday, however, the stock slipped $6.41 a share to $199.59.
Derzeitiger nachbörslicher Kurs: $208,--
Internet networking company says 3Q revenue jumped 78 percent from 2Q
October 12, 2000: 4:40 p.m. ET
NEW YORK (CNNfn) - Internet networking company Juniper Networks on Thursday reported a third-quarter profit that nearly doubled analysts` expectations, and revenue that jumped 78 percent from the second quarter, driven by demand for its high-speed routers.
Sunnyvale, Calif.-based Juniper (JNPR: Research, Estimates), which sells high-speed Internet routers that move data from point to point in a computer network, said pro forma net income, excluding the amortization of goodwill and special charges, was $60.3 million, or 17 cents a share.
Analysts surveyed by earnings tracker First Call had expected a profit of 9 cents a share.
"Our performance during the third quarter reflects the return on our commitment and focus on continued execution," said Scott Kriens, Chairman and CEO of Juniper Networks, in a statement.
Juniper`s stock has been one of the hottest on Nasdaq in the past year. On Thursday, however, the stock slipped $6.41 a share to $199.59.
Derzeitiger nachbörslicher Kurs: $208,--
Kurs geht nachbörslich jetzt wieder ins Minus: $197,5
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