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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 1.33B | 11.9% |
| Gross Profit | 773M | 12.3% |
| Cost of Revenue | 933M | 8.3% |
| Operating expense | 679M | 5.6% |
| Net Income | 93M | 171.6% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 9.6B | 1.8% |
| Total Liabilities | 4.95B | 0.5% |
| Total Equity | 4.64B | 3.1% |
| Shares Outstanding | 331M | 1.7% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 192M | 2259.6% |
| Cash from investing | -23M | 58% |
| Cash from financing | -45M | 35.9% |
EPS
Financial Highlights for Juniper Networks in Q3 '24
Juniper Networks reported a revenue of 1.33B, which is a 11.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 773M, marking a 12.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 933M, a 8.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 679M, showing a 5.6% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 93M, showing a 171.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
It was a positive quarter for Juniper Networks with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
