Juniper Generates $4.67 billion in 2013
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For the fourth quarter of 2013, Juniper reported revenue of $1.27 billion for a 12 percent year-over-year gain. For the full year, Juniper's revenue came in at $4.67 billion, a 7 percent year-over-year improvement.
Looking forward to the first quarter of 2014, Juniper provided guidance for revenues to range from $1.12 billion to $1.16 billion. Juniper CFO Robyn Denholm noted that at the midpoint, the Q1 2014 guidance reflects a growth of 8 percent year-over-year, highlighting Juniper's expectation of continued momentum in the underlying demand.
Growth for Juniper in 2013 came from both its Service Provider and its Enterprise business units. Juniper reported $3.05 billion in Service Provider revenues, up 9 percent for the year, and $1.61 billion in Enterprise revenue, up 4 percent.