Reported about 8 hours ago
Juniper Networks reported better-than-expected fourth-quarter revenue and profit, fueled by the growing demand for networking equipment due to the AI boom. The company anticipates revenue of $1.4 billion, exceeding analyst estimates. Additionally, Juniper's earnings per share are projected to rise compared to the previous year. Recent legal issues have emerged as the U.S. Department of Justice seeks to block Hewlett Packard Enterprise's $14 billion acquisition of Juniper, citing concerns over competition.
Source: YAHOO