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Could Cloud Revenue Growth Improve for Juniper in Fiscal 2018?

Adam Rogers
Updated
Could Cloud Revenue Growth Improve for Juniper in Fiscal 2018?

Juniper Networks’ (JNPR) Cloud Vertical experienced another disappointing quarter of revenue decline as sales fell 19.0% YoY (year-over-year) to $268.0 million in the first quarter. This revenue decline was attributed to a fall in Cloud Switching and Routing revenues in the first quarter. Juniper stated that it isn’t too concerned with respect to the revenue decline in the Cloud vertical, as it has a substantial footprint among large cloud providers.

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