Juniper Networks Q3 adjusted earnings Beat Estimates

(RTTNews) - Juniper Networks (JNPR) released a profit for its third quarter that rose from the same period last year.

The company's bottom line came in at $223.8 million, or $0.64 per share. This compares with $165.7 million, or $0.43 per share, in last year's third quarter.

Excluding items, Juniper Networks reported adjusted earnings of $191.0 million or $0.54 per share for the period.

Analysts had expected the company to earn $0.45 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.3% to $1.18 billion from $1.26 billion last year.

Juniper Networks earnings at a glance:

-Earnings (Q3): $191.0 Mln. vs. $211.1 Mln. last year. -EPS (Q3): $0.54 vs. $0.55 last year. -Analysts Estimate: $0.45 -Revenue (Q3): $1.18 Bln vs. $1.26 Bln last year.

-Guidance: Next quarter EPS guidance: $0.57 Next quarter revenue guidance: $1.22 Bln