2023-04-25 16:19:19 ET
- Juniper Networks press release ( NYSE: JNPR ): Q1 Non-GAAP EPS of $0.48 beats by $0.05 .
- Revenue of $1.37B (+17.1% Y/Y) beats by $30M .
- Days sales outstanding in accounts receivable was 70 days in the first quarter of 2023, compared to 65 days in the first quarter of 2022, and 76 days in the fourth quarter of 2022.
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Q2 2023
Our guidance for the quarter ending June 30, 2023 is as follows:
- Revenue will be approximately $1,410 million, plus or minus $50 million vs $1.40B consensus
- Non-GAAP gross margin will be approximately 58.0%, plus or minus 1.0%.
- Non-GAAP operating expenses will be approximately $590 million, plus or minus $5 million.
- Non-GAAP operating margin will be approximately 16.2% at the mid-point of revenue guidance.
- Non-GAAP tax rate will be approximately 19.0%.
- Non-GAAP net income per share will be approximately $0.54, plus or minus $0.05 vs $0.53 consensus. This assumes a share count of approximately 328 million shares.
For further details see:
Juniper Networks Non-GAAP EPS of $0.48 beats by $0.05, revenue of $1.37B beats by $30M