Juniper records profitable Q2

NETWORK WORLD NEWSLETTER: OPTICAL NETWORKING
07/20/05

Dear networking.world@gmail.com,

In this issue:

* Juniper reports earnings
* Links related to Optical Networking
* Featured reader resource
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Today's focus: Juniper records profitable Q2

By Jim Duffy

Juniper this week posted a 61% increase in second quarter
revenue and a profit of $89 million.

Revenue was $493 million for the quarter. Earnings, on a
generally accepted accounting principles (GAAP) basis, reversed
a $12.6 million GAAP loss for the same period a year ago.

Non-GAAP net income, which excludes charges and other expenses,
was $104.3 million, compared with non-GAAP net income of $42.7
million in the second quarter of 2004. Non-GAAP net income for
the quarter exceeded analyst expectations by a penny a share,
according to Thomson First Call.

"We had another strong quarter of growth," said Juniper CEO
Scott Kriens during a quarterly conference call. Kriens said
requirements for traffic processing infrastructure drove the
quarter.

Siemens was the largest contributor to Juniper's revenue,
responsible for more than 10% of sales for the three-month
period.

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To contact: Jim Duffy

Jim Duffy is managing editor of Network World's service provider
equipment coverage
<http://www.networkworld.com/topics/service-providers.html>. He
has 18 years of high-tech reporting experience, including over
12 years at Network World. Previously, he was senior editor at
Computer Systems News and associate editor/reporter at
Electronic News and MIS Week. He can be reached at
<mailto:jduffy@nww.com>.
_______________________________________________________________
This newsletter is sponsored by Fluke Networks
Special Report: Understanding the Changing Nature of Branch
Office Networks

Significant revenue is generated at the branch office. Business
needs to be seamless between locations. This special report
provides an approach to a resourceful way of using new tools and
analysis for branch offices. Learn about the analysis and
tools used to run a seamless branch business, click here to
download the report now,
http://www.fattail.com/redir/redirect.asp?CID=108608
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