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.
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- Juniper just announced that it is discontinuing the DX product line