Some telecom network equipment vendors issued early third quarter revenue warnings, but Juniper Networks wasn't among them, and Juniper's third quarter earnings report this week showed things aren't tough all over. The company beat Wall Street estimates and posted a 28% revenue gain from the third quarter of 2006, as sales of products such as router gear and secure service gateways excelled.
The positive news comes after several months of changes at Juniper. Stephen Elop joined the firm as chief operating officer and has led sweeping changes in internal structure, responsibilities and process. Perhaps Juniper is showing you don't need to be a global M&A-fed monolith to succeed as a telecom vendor, though don't be surprised if the company builds on its success by pursuing an acquisition or two.
For more:
- Light Reading covers Juniper's earnings
- Telephony interviews Stephen Elop