Juniper Networks
JNPR
So what are some of the trends that are likely to drive the company’s earnings for the quarter? Juniper has also been making efforts to increase its enterprise sales. Over Q4 2022, sales to enterprise clients rose by about 30% year-over-year and this trend could hold up in Q1. Moreover, supply chain-related issues and the impact of the semiconductor shortage could be easing for the company. This, coupled with higher sales could help the company’s margins. For Q1, Juniper has projected operating margins of about 13.7%, marking an increase from around 11.8% in the year-ago quarter. Some other trends that could drive earnings include rising demand for high-speed 400G ethernet network equipment, particularly from cloud and hyper-scaler customers. The company also sees an opportunity for the Wi-Fi 6-led wireless refresh.
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