There is no point in pretending that there's good news in the networking sector these days. A few companies (like Meru Networks (Nasdaq:MERU)) seem to be meeting reduced expectations, but the story for companies like Cisco (Nasdaq:CSCO), Alcatel-Lucent (NYSE:ALU), F5 (Nasdaq:FFIV), Riverbed (Nasdaq:RVBD), and Juniper (Nasdaq:JNPR) is unfortunately dominated by disappointment. While Juniper's guidance for 2011 did indeed come in below guidance, and may yet be hard to meet, this is a stock that investors may want to consider once the tech sell off abates.
Disappointing Results, Worse Guidance
Juniper reported that revenue rose almost 15% on a year-on-year basis, and 2% sequentially, for the second quarter. That doesn't sound so bad, but it was below guidance and the first sub-20% result in quite a few quarters.
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