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Juniper Networks Sees Q1 Adj. EPS $0.24-$0.30 vs $0.31 Est., Sales $1B-$1.06B vs $1.03B Est.

Co. Guidance: Revenue will be approximately $1,030 million, plus or minus $30 million. Non-GAAP gross margin will be approximately 59.5%, plus or minus 1%. Non-GAAP operating expenses will be approximately $495

Benzinga · 01/27/2020 21:16

Co. Guidance:

  • Revenue will be approximately $1,030 million, plus or minus $30 million.
  • Non-GAAP gross margin will be approximately 59.5%, plus or minus 1%.
  • Non-GAAP operating expenses will be approximately $495 million, plus or minus $5 million.
  • Non-GAAP operating margin will be approximately 11.5% at the mid-point of revenue guidance.
  • Non-GAAP tax rate will be approximately 19%.
    • Non-GAAP net income per share will be approximately $0.27, plus or minus $0.03. This assumes a share count of approximately 340 million.