26.40 -0.57 (-2.11%)
Pre-market: 7:00AM EDT
|Bid||25.81 x 1200|
|Ask||26.70 x 28000|
|Day's range||26.71 - 27.00|
|52-week range||23.61 - 30.44|
|PE ratio (TTM)||33.71|
|Forward dividend & yield||0.72 (2.70%)|
|1y target est||N/A|
Nokia (NOK) has high expectations for SpaceTime Insight, although it didn’t reveal what it paid to acquire the business. SpaceTime Insight is expected to be part of the Nokia Software business group, which offers a range of software solutions in areas including customer experience management, IoT (Internet of Things), and collaboration.
Previously, we learned that analysts expect Cisco Systems’ (CSCO) revenues to rise ~4.1% YoY (year-over-year) in fiscal 3Q18. The company’s earnings per share (or EPS) are expected to rise ~8.3% in the quarter.
Juniper Networks recently announced its first quarter results, reporting an 11% decline in net revenues. Juniper’s core revenues have declined in recent years, while product gross margins have also compressed. Additionally, network switches revenues fell 5% to $230 million.
The Trump administration is reportedly mulling to introduce an executive order that could raise the bar for federal agencies to buy or sell products from Chinese technology firms.
Turnaround project Juniper Networks late Tuesday reported better-than-expected first-quarter earnings as sales of networking gear to cloud computing customers rebounded, sparking a rally.
In this series, we’ll look at top technology gainers in April. Communication equipment company Ericsson (ERIC) saw its stock rise 18% to close at $7.55 on April 30. Ericsson stock has returned 16% in the last 12 months and -1.3% in the last five trading days. It rose 17% in 2017.
Driven by a solid performance from the cloud vertical and growth in enterprise business, Juniper Networks (JNPR) beats top- and bottom-line estimates.
Shares of Juniper Networks Inc. rose nearly 5% late Tuesday after the tech company reported adjusted first-quarter earnings and sales above Wall Street forecasts. Juniper said it earned $34.4 million, or 10 cents a share, in the quarter, compared with $109 million, or 28 cents a share, in the year-ago period.
On a per-share basis, the Sunnyvale, California-based company said it had profit of 10 cents. Earnings, adjusted for one-time gains and costs, came to 28 cents per share. The results topped Wall Street ...
In 2017, Motorola Solutions (MSI) returned $790 million to its shareholders via share repurchases and dividends. MSI repurchased shares worth $483 million and paid dividends amounting to $307 million in 2017. MSI has a dividend yield of 1.9%, indicating an annualized payout of $2.08 per share.
Motorola Solutions (MSI) is a telecommunications equipment company that also sells communication systems such as land mobile radios and base stations. MSI’s primary focus is on mission-critical equipment, and its customer base includes government, emergency, and law enforcement agencies as well as commercial enterprises. MSI’s Services segment provides end-to-end solutions for its customers.
Previously, we learned that analysts expect Motorola Solutions’ (MSI) revenue to rise ~7% YoY (year-over-year) in 1Q18. The company’s EPS (earnings per share) are expected to rise ~23% in the quarter.
Juniper Networks is scheduled to announce its first quarter results on May 1. Juniper’s core revenues have declined in recent years, while product gross margins have also compressed.
Unfavorable global macro environment and weak investment patterns among customers are likely to dampen Juniper's (JNPR) revenues in Q1.
Ericsson (ERIC) posted improved losses in the first quarter of 2018, driven by company’s cost-cutting efforts. During the quarter, the company laid off 3,000 workers. Employee reduction is part of the company’s cost-cutting program. Ericsson has been cutting down its workforce since July 2017. It has reduced its employees by almost 18,000.
On Friday, Ericsson (ERIC) stock surged more than 17% after the telecom equipment maker posted profits for the first quarter of 2018. Ericsson closed the day up $1.14 at $7.78 on the company’s better-than-expected earnings in 1Q18. The company noted that its turnaround strategy has been bearing fruit, which is helping to reduce losses and boosting investors’ confidence, as is reflected in the stock price.
Juniper Networks (JNPR) has returned -8.3% in the last 12 months, -3.4% in the last month, and 3% in the last five days. Juniper stock rose 44% in 2016 and 2.3% in 2017. Since the start of 2018, it’s fallen almost 11%. Peers Cisco (CSCO), Ericsson (ERIC), Palo Alto Networks (PANW), and Nokia (NOK) have returned 37%, 2%, 75%, and 11%, respectively, in the last 12 months.
Although Juniper Networks’ (JNPR) security business revenue fell ~13% YoY (year-over-year) in fiscal 2017, its revenue rose 8% in 4Q17. Juniper’s security revenue fell for several quarters prior to 4Q17 as the company struggled to compete with niche players such as Palo Alto Networks (PANW), FireEye (FEYE), and Fortinet (FTNT), and tech giants such as Cisco (CSCO). Last year, Juniper announced that it would revamp its security product portfolio to attract customers, and revenue growth in 4Q17 was driven by sales across financial services, telecom, and government verticals.
Taiwan Semiconductor (TSM) missed and warned today. They lowered 2Q revenue guidance to $7.8-$7.9 billion. The street was at $8.82 billion. They blamed it on smart phone slowing. Mizuho securities also warned today that Apple’s (AAPL) forward guide would have to come down as well.
Juniper Networks’ (JNPR) revenue fell 11% YoY (year-over-year) in 4Q17, primarily due to weakness in the company’s routing business and cloud vertical. Juniper has attributed this weakness to a shift to scale-out from scale-up architecture among cloud customers. Lower demand from cloud customers has meant that Juniper stock has fallen ~11% since October 2017, when the company announced its preliminary 3Q17 results, which were lower than analyst estimates.
Previously, we learned that analysts expect Juniper Networks’ (JNPR) (JNPR) revenue to fall ~14% YoY (year-over-year) in fiscal 1Q18. The company’s EPS (earnings per share) are expected to fall ~43% in the quarter. Analysts expect Juniper’s revenue to fall 11.2% YoY to $1.16 billion in 2Q18 and 3.5% YoY to $1.21 billion in 3Q18, and to rise 3.4% YoY to $1.28 billion in 4Q18. This outlook reflects a revenue decline of 5.8% YoY to $4.7 billion in fiscal 2018. Analysts, however, expect Juniper’s revenue to rise 3.2% in fiscal 2019 to $4.9 billion.