Juniper Networks, Inc. Reports Q3'05 Financial Results
Q3'05 Net Revenue $546.4MM; GAAP EPS $0.14; Non-GAAP EPS $0.19
- During Q3 Juniper leveraged its innovation engine to drive the expansion of the portfolio. The new Secure Access 6000 SP, introduced this quarter, enables service providers to deliver additional revenue-generating network-based SSL VPN managed services. In addition, Juniper enhanced its Enterprise Infranet architecture with four new Secure SSL VPN hardware platforms and announced the availability of integrated IDP functionality on the ISG 1000/VPN appliance.
- As service providers, such as KPN and Korea Telecom, transition to more advanced and profitable "triple play" offerings, they looked to Juniper to provide highly reliable, secure and scalable solutions for these demanding infrastructures.
- The increasing demand for cross-portfolio solutions combining Juniper's best-in-class routing and security platforms was evident this quarter. Customers such as AvantGo, provider of rich personalized mobile websites to PDAs and smartphones, are deploying Juniper Networks routers, as well as its integrated security appliances, to deliver a secure and assured experience to their customers.
- Juniper continued to experience market share momentum, having been recognized by Gartner as the leader in Broadband Aggregation and by Infonetics in SSL VPN and High-end Firewall/VPN. Juniper's Core Router platform holds more than a third of the total market share in its category, while the Multi-service Edge portfolio holds greater than 25%.