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Juniper still challenged in switching
Obscured by Juniper’s solid first quarter results were underwhelming results in its enterprise and switching businesses. Switching was off 13% from the first quarter of 2014, while the company’s enterprise business slumped about 10%.Sequentially, switching was off close to 5% and enterprise was down 2% from the fourth quarter of 2014.Still, Juniper posted a quarter that beat estimates and its own revenue and earnings guidance. The results were due to slightly better demand from cloud, cable and European service providers, and demand for routers among large enterprises, particularly those in the government vertical.To read this article in full or to leave a comment, please click here