Home United States USA — software Juniper Networks beats revenue expectations, touts $1.8 billion order backlog

Juniper Networks beats revenue expectations, touts $1.8 billion order backlog

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The company focused on end-user experiences and supply chain fears as key factors in the final quarter’s success.
Juniper Networks’ Q4 2021 results exceeded expectations with a 6% year-over-year bump in fourth-quarter revenues, while net income jumped 49% to $132.9 million, or $0.40 per diluted share. Despite ongoing supply chain constraints, the hard networking company touted its growth across “all verticals, geographies, and customer solutions.”. In fact, fears over global supply chain shortages apparently helped Juniper by driving earlier order placements, resulting in a backlog of $1.

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