Can Juniper Improve Profit Margins by the End of Fiscal 2018?
Earlier in this series, we saw that Juniper Networks (JNPR) experienced an 11.0% YoY (year-over-year) fall in revenues during the first quarter. While revenues fell in double digits, Juniper Networks’ research and development expenses fell 7.0% YoY, and its sales and marketing expenses declined 1.0% in the first quarter of 2018. This led to a 2.0% decline in operating expenses for Juniper, as its operating margin fell to 12.3% from 20.8%.