April 26, 2023 04:15 PM Eastern Daylight Time SUNNYVALE, Calif.–(BUSINESS WIRE)–Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today reported preliminary financial results for the three months ended March 31, 2023 and provided its outlook for the three months ending June 30, 2023.
First Quarter 2023 Financial Performance
Net revenues were $1,168.2 million, an increase of 9% year-over-year and a decrease of 10% sequentially.
GAAP operating margin was 5.0%, an increase from 2.