The economic rebound is treating Juniper well, as the networking vendor this week reported earnings for the second quarter ahead of Wall Street expectations.
Increased spending among Juniper’s enterprise and carrier clients helped propel revenue growth for the quarter, and the company has big plans for its converged data center fabric and mobility initiatives. Enterprise Networking Planet has the details.
As the economic recovery takes hold, Juniper Networks (NYSE: JNPR) reports that IT buyers are increasingly flocking to its offerings, boosting both the company’s enterprise and carrier segments during its most recent quarter.
Juniper this week reported second-quarter fiscal 2010 revenues that topped Wall Street expectations, showing increasing interest in the company’s new networking gear. Moving forward, the company expects to continue to grow as it focuses on two key efforts: its Project Stratus converged data center fabric initiative and its Project Falcon mobility push.