Juniper Networks transforms the business of networking by converting a commodity - bandwidth - into a dependable, secure, and highly valuable corporate asset. Founded in 1996 to meet the stringent demands of service providers, Juniper Networks is now relied upon by the world's leading network operators, government agencies, research and education institutions, and information-intensive enterprises as the foundation for uncompromising networks

http://www.juniper.net

Q3 Revenue:  $823.9 million, up 5% quarter over quarter 
Q3 Operating Margin: 15.5% GAAP; 20.8% non-GAAP 
Q3 GAAP Net Income Per Share: $0.16 diluted 
Q3 Non-GAAP Net Income Per Share: $0.23 diluted, up 21% quarter over quarter 
Juniper Networks Reports Preliminary Third Quarter 2009 Financial Results [PDF 214KB] 
SUNNYVALE, Calif., October 22, 2009 — Juniper Networks, Inc. (NASDAQ: JNPR) today reported preliminary financial results for the three months ended September 30, 2009.
Net revenues for the third quarter of 2009 increased 5% to $823.9 million from $786.4 million reported in the second quarter of 2009 and declined 13% on a year-over-year basis. The Company posted GAAP net income of $83.8 million, or $0.16 per diluted share, and non-GAAP net income of $122.5 million, or $0.23 per diluted share for the third quarter of 2009. Non-GAAP net income per share represents an increase of 21% quarter-over-quarter from the $0.19 per diluted share reported for the second quarter of 2009 and a decrease of 28% from the $0.32 per diluted share reported for the third quarter of 2008. The reconciliation between GAAP and non-GAAP results of operations is provided in a table immediately following the Net Revenues by Reportable Segment table below.
"Juniper is driving execution and gaining momentum at a time when visibility in key areas of our business is beginning to improve," said Kevin Johnson, Juniper's Chief Executive Officer.  "We are delivering on our R&D roadmap and customers are embracing our offer of integrated routing, switching and security on a common software platform — JUNOS. Even as our optimism grows, macroeconomic conditions remain uncertain and we will continue to balance sound financial management with our investments in innovation and customer satisfaction."
Juniper's operating margin for the third quarter of 2009 increased to 15.5% on a GAAP basis from 12.2% in the second quarter of 2009, and decreased from 21.3% in the prior year third quarter. Non-GAAP operating margin for the third quarter of 2009 increased to 20.8% from 18.1% in the second quarter of 2009 and decreased from 25.1% in the prior year third quarter.
Juniper generated net cash from operations for the third quarter of 2009 of $223.9 million, compared to net cash from operations of $148.7 million in the second quarter of 2009.
Capital expenditures as well as depreciation and amortization expense during the third quarter of 2009 were $33.8 million and $36.5 million, respectively.

Juniper Networks, Inc. Announces the Date of the Q3 2009 Earnings Conference Call and Webcast
SUNNYVALE, Calif., September 23, 2009  Juniper Networks, Inc. (NASDAQ: JNPR), the leader in high-performance networking, today announced it will release financial results for the quarter ending September 30, 2009, on October 22, 2009 after the close of the market and will host a conference call at 1:45 p.m. PDT (Pacific Daylight Time), to be broadcast live over the Internet.
To participate via telephone, the toll free dial-in number is 877-407-8033, international callers dial 201-689-8033. Please dial-in ten minutes prior to the scheduled conference call time. The webcast will be available at http://www.juniper.net/company/investor/conferencecall.html.

The webcast replay will be available on the Juniper Networks website until December 14, 2009.
Juniper Networks Sponsors Carbon Disclosure Project Forum to Unveil Global 500 and S&P 500 Reports
Juniper Demonstrates Commitment to Energy Conservation and Environmentally Friendly Business Practices
MEDIA ADVISORY -- New York, September 21, 2009 -- Juniper Networks, (NASDAQ: JNPR), the leader in high-performance networking, will be participating today as a sponsor of the Seventh Annual Carbon Disclosure Project (CDP) Global Forum in New York City. In addition, Juniper will be highlighted in the CDP's Annual Global 500 and S&P 500 Reports, which further validates Juniper's commitment to energy conservation and environmentally friendly business practices.
The Forum is taking place in conjunction with Climate Week NYC, a five-day program of events being held throughout New York City from September 21-25, which will address the urgent need for action on climate change. Attendees will learn about Juniper's commitment to managing its carbon footprint as well as the suppliers the company works with every year.

Juniper is dedicated to doing its part to protect the environment, conserve energy and natural resources, and reduce pollution through the application of responsible business practices and energy-efficient technologies across the company's daily operations and product designs. For more information on the company's efforts to reduce its overall impact on the environment, please visit Juniper's Corporate Citizenship and Sustainability site and download 'What Green Networking Means to Juniper' backgrounder.
Press and Analyst Meetings:
Juniper executives are available to speak with attending journalists, bloggers and industry analysts on a broad range of technology and market trends. If you are interested in arranging a briefing with a Juniper spokesperson at the Forum, please contact Kim Markle at kmarkle@juniper.net or 408-936-7673.

Juniper Networks Appoints Gerri Elliott as Executive Vice President, Strategic Alliances
New Executive Role to Drive Strategic Partnerships to Further Innovation, Win New Customers and Improve Customer Satisfaction
SUNNYVALE, Calif., June 23, 2009  Juniper Networks, Inc. (NASDAQ: JNPR), the leader in high-performance networking, today announced the appointment of Gerri Elliott to the role of executive vice president of Strategic Alliances. She will have responsibility for forging and fostering Juniper's strategic alliances globally. Elliott will report directly to Chief Executive Officer Kevin Johnson.
'Our focus on strategic partnerships that include collaborative innovation and aligned go-to-markets is an important element of our growth agenda,' said Johnson. 'Gerri's deep experience with customers, partners and global relationships position her well to drive impactful strategic alliances for Juniper. She will be a tremendous asset to our executive team.'
'Juniper continues to be one of the world's most innovative companies with proven high-performance networking technologies,' said Elliott. 'They have been laser focused on their core expertise while partnering strategically to create value in the market.  I look forward to driving the strategic alliances to enable the next wave of growth for Juniper.'
Elliott joins Juniper Networks from Microsoft, where she was corporate vice president, Worldwide Public Sector organization, leading a team of more than 2000 sales and marketing professionals serving government, education and healthcare customers in more than 100 countries. At Microsoft, Elliott was also co-head of the company's North American subsidiary where she developed and implemented a global strategy to establish Microsoft's first industry vertical sectors including telecommunication, financial services, public sector, retail, manufacturing, healthcare, professional services, and media and entertainment.
Prior to Microsoft, Elliott spent 22 years at IBM, where she held several senior executive positions in the U.S. and internationally.

Juniper Networks Appoints Lauren Flaherty as Executive Vice President and Chief Marketing Officer
SUNNYVALE, Calif., January 28, 2009 -- Juniper Networks, Inc. (NASDAQ: JNPR), the leader in high-performance networking, today announced the appointment of Lauren Flaherty to the position of executive vice president and chief marketing officer. Flaherty will oversee the full breadth of the company's global marketing activities, and will report directly to company CEO, Kevin Johnson. 
Flaherty brings to her role at Juniper a strong combination of Enterprise and Service Provider marketing experience. Most recently, she served as CMO of Nortel Networks from 20062008. While at Nortel, Flaherty created a fully integrated marketing function that represented all lines of business, and created Nortel's first Global Marketing Board, which enabled the development of marketing investments that were fully aligned to sales and the company's strategic objectives. Flaherty also led many of Nortel's strategic business initiatives, including the company's first global Enterprise campaign, leadership of the company's green marketing initiatives and its bids for sponsorship of the Vancouver 2010 and London 2012 Olympic Games. Prior to Nortel, Flaherty spent 26 years at IBM in a variety of product marketing leadership positions including software and servers. She also led many company-wide initiatives, such as Solutions for a small planet, e-business, on demand business, and marketing targeting key segments for small-and-medium businesses (SMBs). Flaherty has been recognized three times by BtoB Magazine as one of the 'World's Best Marketers' and was named to the Women's Executive Network Top 100 in 2007 and 2008. 
'I'm excited to welcome Lauren to our executive team,' said Johnson. 'Her track record and global experience centered on building operational excellence, world-class marketing teams and delivering results are precisely what will help us build our connected sales and marketing model and take the company to the next level.' 
'Juniper is a very exciting company to join,' said Flaherty. 'Those who know the company well are sold on the company's terrific engineering and the incredible talent supporting them.' She added, 'Juniper is a bit of a well-kept secret. There's a great story here and we're going to unleash it.' 
 

JUNIPER NETWORKS REPORTS FIRST QUARTER 2008 FINANCIAL RESULTS
Revenue: $822.9M, up 31% from Q1'07; 
Net Income: $110.4 million (GAAP); $149.5 million (non-GAAP) 
EPS: $0.20 (diluted, GAAP); $0.27 (diluted, non-GAAP), up 44% from Q1'07 on improved operating performance 
Reported Q1'08 Financial Results184 KB

SUNNYVALE, Calif., April 24, 2008 -- Juniper Networks, Inc. (NASDAQ: JNPR) today reported financial results for the three months ended March 31, 2008 that included strong revenue and profit growth and improved operating profit margins.

Net revenues for the first quarter of 2008 rose 31 percent on a year-over-year basis to $822.9 million. The Company posted GAAP net income of $110.4 million or $0.20 per diluted share, and non-GAAP net income of $149.5 million or $0.27 per diluted share. The non-GAAP EPS figure represents an increase of 44% from the $0.19 per diluted share reported for the first quarter of 2007. The reconciliation between GAAP and non-GAAP results of operations is provided in a table immediately following the Net Revenues by Reportable Segment table below.
"The strength of our first quarter results continue to underscore the value of Juniper's commitment to high-performance networking," said Scott Kriens, chairman and chief executive officer, Juniper Networks, Inc. "Across our markets and around the world, we are seeing clear opportunity to extend our lead through an optimal combination of Juniper size, speed, focus and execution, which translates directly into strategic advantage for our customers."
Juniper's operating margin rose to 17.3% on a GAAP basis from 9.6% in the same quarter a year-ago. Non-GAAP operating margin rose to 23.5% from 19.6% in the first quarter of 2007. The improvement reflected strength in gross profit margins owing to a favorable mix of infrastructure products, particularly in the Company's T and M series products, as well as reduced operating expense as a percentage of net revenues due to the Company's efforts to manage expenses and improve efficiency.
The improved operating margins helped Juniper generate net cash from operations for the first quarter of 2008 of $254.9 million, compared to cash provided by operations of $151.5 million for the same quarter of 2007.
Capital expenditures as well as depreciation and amortization expense during the first quarter of 2008 were $33.4 million and $55.4 million, respectively.
"I'm pleased with this strong start to 2008," stated Robyn Denholm, chief financial officer, Juniper Networks, Inc. "Our March quarter results reflect our focus on building operating leverage into our business model. Our operational excellence programs (4 P's) to optimize our business are well underway and we will continue implementing our plans in the coming quarters."
Q1 Highlights
High-Performance Network Infrastructure
Juniper reaffirmed its commitment to delivering innovative, high-performance network infrastructure solutions to the enterprise market with the introduction and first shipments of the EX-series, a family of Ethernet switches. Leveraging the operational simplicity and carrier-class reliability of JUNOS software, the EX-series alleviates the cost, complexity and risk associated with managing legacy switch infrastructures, and accelerates the deployment of business-enabling applications and services across the network. Juniper also announced the integration of services, including firewall, VPN and chassis clustering into JUNOS software for implementation on the J-series services router to enhance the security and reduce the complexity of small office and branch networks. Following the end of Q1'08, Juniper extended its security offerings with the introduction of a series of next-generation SSL VPN appliances designed to ensure fast, reliable and secure remote access to applications and services for the most complex and demanding secure environments; new Intrusion Detection and Prevention (IDP) appliances that scale up to 10 Gbps, which represents the industry's highest real-world throughput, performance and density combination; and in the first quarter Juniper also introduced the Security Threat Response Manager (STRM), capable of providing businesses with a centralized scalable and effective way to log and manage a rapidly evolving threat landscape, while sustaining adherence to compliance mandates. 
For the service provider market, Juniper introduced an advanced mobile IP/MPLS solution portfolio with the new BX 7000 multi-access gateway router for the cell site, a new M-series circuit emulation and physical interface cards for the aggregation site and a suite of software features designed to simplify deployment, provisioning and management of mobile backhaul networks. This advanced solution will enable mobile operators to preserve their current investments and services, while accelerating the roll-out of new user-centric services. Juniper also introduced the JCS 1200, the industry's first high-performance control plane scaling platform. The independent scale of control and forwarding plane resources will help carriers to maximize service growth, operational efficiencies and control. When deployed in conjunction with the T1600 router, the JCS 1200 can create hardware-virtualized routers, delivering as much as three times the forwarding capacity of competitive systems, while using 25 percent less rack space. This unique architecture enables service providers to rapidly expand their service offerings and helps to reduce capital and operating expenditures.