Zahlen juniper networks - 500 Beiträge pro Seite

[Vossibär]

Juniper Networks Posts 4th-Quarter Loss as Sales Decline 49%
By Scott Lanman


Sunnyvale, California, Jan. 15 (Bloomberg) -- Juniper Networks Inc., the second-largest maker of equipment to direct Internet traffic, posted a fourth-quarter loss of $5.13 million on stock compensation and acquisition costs as customers reduced spending on its gear.

The loss was 2 cents a share, compared with net income of $62.2 million, or 18 cents, a year earlier, Juniper said in a statement distributed by Business Wire. Revenue dropped 49 percent to $151 million from $295.4 million.

(The company scheduled a conference call for Jan. 15 at 4:45 p.m. New York time to discuss the results. The dial-in number is 1-888-849-9221, or 1-212-271-4775 outside the U.S. A Webcast and replay will be available at http://www.juniper.net/conferencecall, or by dialing 1-800-633- 8284, or 1-858-812-6440 outside the U.S. The reservation number is 20206916

[Vossibär]

und noch etwas besser:

Juniper Networks, Inc. Reports Q4`01 and Year End 2001

Financial Results; Q4`01 Net Revenue $151.0M; Pro forma EPS $0.05 2001 Net Revenue $887.0M; Pro forma EPS $0.50

Business Editors and High Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--Jan. 15, 2002--Juniper Networks, Inc. (Nasdaq: JNPR), a leading provider of next-generation IP infrastructure systems, today reported its fourth quarter results for the period ending December 31, 2001.

Net revenues for the fourth quarter were $151.0 million, compared with $201.7 million for the third quarter, a decrease of 25%. Pro forma net income was $15.9 million or $0.05 per share, compared with pro forma net income of $32.5 million or $0.10 per share in the third quarter of 2001.

Actual net loss for the fourth quarter, which includes amortization of goodwill and other purchased intangibles of $12.5 million, amortization of deferred compensation of $15.2 million and in-process research and development of $4.2 million, was $5.1 million or $0.02 per share, compared with a net loss of $29.7 million or $0.09 per share in the third quarter of 2001.

Net revenues for the year ended December 31, 2001 were $887.0 million, compared with $673.5 million for the year ended December 31, 2000. Pro forma net income for 2001 was $169.9 million or $0.50 per share, compared with $184.0 million or $0.53 per share during 2000. Actual net loss for 2001 was $13.4 million or $0.04 per share, compared with actual net income of $147.9 million or $0.43 per share during 2000.

"With all its challenges, 2001 was also a year of significant accomplishments," said Scott Kriens, Chairman and CEO of Juniper Networks. "We more than doubled our customer base, we expanded our product capabilities globally in multiple markets, and increased our revenues by more than 30% over the prior year."

About Juniper Networks

Juniper Networks, Inc. is a leading provider of purpose-built systems that meet the scalability, performance, density, and compatibility requirements of rapidly evolving, optically enabled IP networks. The company`s systems provide new IP infrastructure solutions for the world`s leading service providers. Juniper Networks service, manufacturing teams, and IP engineers work closely with customers to build and support customer networks. The company is headquartered in Sunnyvale, California. For more information, please visit the Web site at http://www.juniper.net.

Juniper Networks is registered in the U.S. Patent and Trademark Office and in other countries as a trademark of Juniper Networks, Inc. Internet Processor, Internet Processor II, JUNOS, JUNOScript, M5, M10, M20, M40, M160, and G10 are trademarks of Juniper Networks, Inc. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.

Actual results could differ materially from those anticipated in forward-looking statements in this release as a result of certain factors, including those set forth in the risk factors described in the Company`s SEC filings, including its recent Form 10Q. -0-


JUNIPER NETWORKS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)

December 31, December 31,
2001 2000
-------------- --------------
Assets
Current assets:
Cash and cash equivalents $ 606,845 $ 563,005
Short-term investments 382,797 581,738
Accounts receivable, net 103,524 176,535
Prepaid expenses and
other current assets 32,882 27,269
---------- ----------
Total current assets 1,126,048 1,348,547
Property and equipment, net 251,811 36,440
Long-term investments 708,232 450,568
Other long-term assets 303,497 267,574
---------- ----------
Total Assets $2,389,588 $2,103,129
============= =============

Liabilities and Stockholders` Equity
Current liabilities:
Accounts payable $ 40,755 $ 72,347

Other accrued liabilities 164,622 109,436
Deferred revenue 36,842 34,625
----------- -----------
Total current liabilities 242,219 216,408
Convertible subordinated notes
and other long-term liabilities 1,150,000 1,156,719

Common stock and additional paid-in capital 959,684 735,103
Deferred stock compensation (63,065) (111,813)
Accumulated other comprehensive income 18,418 10,963
Retained earnings 82,332 95,749
----------- -----------
Total Liabilities and
Stockholders` Equity $ 2,389,588 $ 2,103,129
=========== ===========

JUNIPER NETWORKS, INC.
PRO FORMA CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)
(unaudited)

Three Months Ended Year Ended
December 31, December 31,
-------------------- --------------------
2001 2000 2001 2000
-------------------- --------------------

Net revenues $ 151,033 $ 295,386 $ 887,022 $ 673,501

Cost of revenues 58,783 101,410 332,903 237,554
----------------------- ----------------------
Gross profit 92,250 193,976 554,119 435,947

Operating expenses:
Research and
development 32,565 30,243 155,530 87,833
Sales and marketing 29,531 36,892 140,407 89,029
General and
administrative 8,462 8,545 37,554 21,176
------------------------ ----------------------
Total operating
expenses 70,558 75,680 333,491 198,038
------------------------ ----------------------

Operating income 21,692 118,296 220,628 237,909

Interest income, net 3,274 8,127 33,370 36,283
Equity in joint venture (1,515) - (4,076) -
------------------------ ----------------------

Income before
income taxes 23,451 126,423 249,922 274,192

Provision for
income taxes 7,504 41,823 79,975 90,156
------------------------ ----------------------

Net income $ 15,947 $ 84,600 $ 169,947 $ 184,036

======================== ======================

Basic net income
per share $ 0.05 $ 0.27 $ 0.53 $ 0.60
======================== ======================
Shares used in computing
basic net income
per share 323,570 312,423 319,378 304,381
======================== ======================

Diluted net income
per share $ 0.05 $ 0.24 $ 0.50 $ 0.53
======================== ======================

Shares used in computing
diluted net income
per share 338,841 349,50 340,768 347,858

----------------------------------------------------------------------

The above pro forma amounts have been adjusted to exclude the
following:

In-process research
and development 4,200 10,000 4,200 10,000
Amortization of
goodwill and
purchased intangibles 12,520 5,349 49,277 10,920

Amortization of deferred
stock compensation 15,171 11,494 74,080 12,900
Write-downs of equity
investments - - 53,620 -
Restructuring costs - - 12,340 -
Contract manufacturing
charge - - 39,868 -
Charitable contribution - - - 10,000
Income tax effect (10,818) (4,400) (50,021) (7,700)
-------- ------- -------- -------
21,073 22,443 183,364 36,120


JUNIPER NETWORKS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)


Three Months Ended Year Ended
December 31, December 31,
-------------------- -------------------
2001 2000 2001 2000
-------------------- -------------------
(unaudited)

Net revenues $ 151,033 $ 295,386 $ 887,022 $ 673,501

Cost of revenue 58,783 101,410 372,771 237,554
-------------------- --------------------
Gross profit 92,250 193,976 514,251 435,947

Operating expenses:
Research and development 32,565 30,243 155,530 87,833
Sales and marketing 29,531 36,892 140,407 89,029
General and
administrative 8,462 8,545 37,554 21,176
Goodwill, purchased
intangibles and deferred
stock compensation 27,691 16,843 123,357 23,820
Restructuring costs - - 12,340 -
In-process research
and development 4,200 10,000 4,200 10,000
Charitable contribution - - - 10,000
-------------------- -------------------
Total operating expenses 102,449 102,523 473,388 241,858
-------------------- -------------------

Operating income/(loss) (10,199) 91,453 40,863 194,089

Interest income
(expense), net 3,274 8,127 (20,250) 36,283
Equity in joint venture (1,515) - (4,076) -
-------------------- -------------------

Income/(loss) before
income taxes (8,440) 99,580 16,537 230,372

Provision for income taxes (3,314) 37,423 29,954 82,456
-------------------- -------------------

Net income/(loss) $(5,126) $62,157 $(13,417) $147,916
==================== ===================

Basic net income/(loss)
per share $(0.02) $ 0.20 $ (0.04) $ 0.49
==================== ===================
Shares used in computing
basic net income/(loss)
per share 323,570 312,423 319,378 304,381
==================== ===================

Diluted net income/(loss)
per share $(0.02) $ 0.18 $ (0.04) $ 0.43
==================== ===================

Shares used in computing
diluted net income/(loss)
per share 323,570 349,505 319,378 347,858
==================== ===================

--30--ac/sf*

CONTACT: Juniper Networks, Inc.

Shirley Stacy, 408/745-2371 (Investor Relations)

[e-mail]

Kathy Durr, 408/745-5058 (Public Relations)

[e-mail]

[Highlighter]

Und was waren die Markterwartungen?

[tbu.to-hrct-ftrl]

die zahlen liegen genau in rahmen dessen was erwartet wurde!
...wichtig ist was die firma für einen ausblick gibt?!
gruss
charly

[Vossibär]

der conference call läuft seit 20 min - abwarten