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Technology Stocks : Juniper Networks - JNPR
JNPR 39.950.0%Jul 2 4:00 PM EDT

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To: Lizzie Tudor who wrote (3300)1/18/2005 5:03:44 PM
From: Ron  Read Replies (1) of 3350
 
JNPR beats on bottom and top lines

Juniper Networks Inc. (s: JNPR) said fourth-quarter
net income rose more than four-fold to $66 million, or 11 cents a share, from $14.7 million, or 3 cents, a year earlier. Juniper, a smaller rival to Cisco Systems, said sales more than doubled to $430 million from $207 million.
Excluding some charges, earnings more than doubled to 15 cents a share from 6 cents. The results beat analyst estimates for earnings of 14 cents a share on sales of $414 million. Juniper is selling more of its Internet routing equipment to phone companies and other service providers that are expanding their data networks to handle more traffic.
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During the conference call JNPR CEO said they continue to take market share and improve margins.
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