Juniper Networks reported revenue of $809.2 million and net income of $127.9 million for the fourth quarter of 2007. Both figures were sharply higher than the same quarter in 2006, and translated into a jump in earnings-per-share from 12 cents for the final quarter of 2006 to 22 cents for the same period in 2007. It's a somewhat impressive feat, given that Juniper underwent some internal reorganization in the past year, lost its chief operating officer to Microsoft and recently discontinued a line of application acceleration (otherwise known as load balancing) products it acquired not long ago.
For more:
- read this report in Light Reading
Related articles:
- Juniper just announced that it is discontinuing the DX product line