Juniper reports rise in quarterly revenue on robust networking gear demand
The Sunnyvale, California-based company posted revenue of $1.28 billion for the quarter ended March 31, in line with analyst forecasts, according to LSEG data. On an adjusted basis, Juniper earned 43 cents per share, also in line with estimates.
Companies are investing heavily in upgrading their networking infrastructure to provide advanced services and cater to a growing number of customers, benefiting the likes of Juniper and Cisco Systems (CSCO.O), opens new tab.
In addition to cloud customers, demand is being "complemented by accelerated enterprise momentum, where we experienced healthy order growth across both campus and data center use cases," said CEO Rami Rahim.
"While the tariff environment remains dynamic, we are taking actions which we expect will help mitigate the potential impact of tariffs over time," CFO Ken Miller said.
Juniper is in the process of being acquired by Hewlett Packard Enterprise (HPE.N), opens new tab for $14 billion in cash, but the U.S. Department of Justice has sued to block the deal, arguing the deal would reduce competition, raise prices and reduce innovation.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Mail
12 hours ago
- Daily Mail
Alcohol giant lays off 1,750 workers after quitting California
Republic National Distributing, a once-dominant company that linked famous beer and vodka brands with local bars, filed paperwork to lay off 1,756 employees. Staffers in sales, analytics, and HR roles across California are set to get their pink slips. The job cuts come as the Texas-based company plans to shutter its distribution operations in California by September 2. It's the latest warning sign for an industry struggling with closures and job losses as Americans increasingly cut back on alcohol. There are reportedly three main reasons for the statewide departure: increasing debt, sky-high costs, and a loss of important contracts to competitors. Republic National has not suggested that politics played a role in its decision, but it is re-investing in Texas with 100 new jobs. President and CEO Bob Hendrickson said: 'This decision is driven by rising operational costs, industry headwinds, and supplier changes that made the market unsustainable.' He added the company is 'using this moment to sharpen our focus and reinvest in the markets where we're best positioned to grow.' California remains a conundrum for business leaders. It makes more money than any other US market and is the fourth-largest economy in the world — but also one of the most expensive places to do business, with high gas, rent, and labor costs. Republic acquired Young's Market, a distributor with a complex web of local hubs, in 2022. But insiders weren't impressed with the company's management. 'They started focusing on numbers instead of customer satisfaction and that's what drove them to their fall,' an anonymous California-based worker told specialist outlet VinePair.
Daily Mail
13 hours ago
- Daily Mail
America's dreamy paradise becomes a nightmare so dangerous that longtime locals are selling up after decades
Once a postcard-perfect escape, California 's Big Sur is now facing a harsh new reality... impassable roads, sky-high fire risk, and vanishing access to basic services. Now, even its most devoted residents are packing up and leaving — some after more than 40 years. Among the recent sellers are Brigga Mosca, 70, and Reed Cripe, 82, who bought five acres of land overlooking the ocean for $70,000 in 1983. They built their dream home but have now decided to put it on the market for $3 million. 'It's harder for us to be here,' Mosca told the Wall Street Journal about the lack of road access and distance from basic amenities including a hospital. Big Sur's natural beauty is married to its remoteness, with only one two lane highway allowing access to Carmel-by-the-Sea to the north and the small towns outside Santa Barbara to it south. But parts of Highway 1 have been subject to natural disasters and crumbling infrastructure since it opened in 1937. For some of the area's 1,500 full-time residents the most recent disruptions — which began in February last year — have been a tipping point. A seven-mile stretch of the road near the community of Lucia was closed in February 2024 and isn't expected to open until the end of the summer. A large land slide near Rocky Creek Bridge in March last year also saw closures to through traffic and residents were only able to leave on designated convoys twice a day. Further to this many residents were alarmed by Cal Fire's recent upgrade of the area's wildfire risk to 'Very High Fire Hazard Severity Zone.' Like other areas of the Golden State, accessing adequate insurance for properties in Big Sur is becoming increasingly difficult. Big Sur has just shy of 900 properties and most sell for $3 million or more. There are 15 properties currently active on the market ranging in price from $1.8 million to $100 million. Realtor Hillary Lipman, owner of Big Sur Coast Properties, told that issues with the highway and wildfires are certainly a driving factor for the amount of inventory on the market at the moment. 'We've had lots off difficulties with the highway being closed and fires,' Lipman, who has lived in the area for 40 years, explained. 'Most business people are frustrated nothing can be done because of excessive regulations particularly when it comes to the coastal commission. 'They're not allowed to push the dirt into the ocean to get the highway open again [after a slide] it has to be trucked away, which could be more polluting.' Lipman also owns the only gas station on the Big Sur stretch of the Highway and the constant closures have hit business. Lipman said there is also a generational shift occurring, where older residents who have lived in the area for decades are looking to move closer to a city or town in order to be nearer family and medical facilities. Around 70 percent of the 15 homes currently listed or sold in the last year have been 'legacy properties' that haven't been on the market in decades. Other older residents are moving on after the death of a spouse. Merle Mullin's 43-acre oceanfront compound Bien Sur is currently on the market for $21.5 million. Mullin lived in the property with her husband, the insurance tycoon Peter Mullin, until his death in 2023. Residents were only able to leave on designated convoys twice a day during the closure 'What would I do by myself? It's so isolated,' she told the Journal. Lipman said there is a lot of inventory available at the moment and the market seems 'soft' but is confident it will pick back up. 'There are always people looking to buy in this magical area, and if you can't sell you still have a lovely property in Big Sur.'
Geeky Gadgets
13 hours ago
- Geeky Gadgets
Master Your Apple Watch: Game-Changing Hacks You Need to Know
The Apple Watch is more than just a stylish accessory—it's a multifunctional device designed to enhance your daily life. Packed with features that go beyond telling time, it can help you stay organized, improve productivity, and even support your fitness goals. Whether you're a long-time user or just starting out, understanding its capabilities can help you make the most of this innovative device. The video below from HotshotTek gives us more details. Watch this video on YouTube. Use Your Apple Watch as a Camera Remote Your Apple Watch can serve as a convenient remote control for your iPhone's camera , making it an invaluable tool for capturing moments. This feature is particularly useful for group photos or selfies, allowing you to position your phone and snap pictures without physically touching it. Additionally, the watch lets you preview the camera feed, which is helpful for inspecting hard-to-reach areas or framing shots perfectly. If you've misplaced your iPhone, opening the camera app on your watch can even help you locate it discreetly by activating the camera feed. Streamline Your Workflow with Focus Mode Focus Mode is a powerful tool for reducing distractions and maintaining productivity. By syncing Focus Mode across all your Apple devices, you can create a seamless environment tailored to your needs. Customizing Focus Modes for specific activities can further enhance its utility. For example: Set up a 'Workout' mode to silence non-essential notifications and display a motivational background. Create a 'Work' mode with restricted notifications and a professional icon to help you concentrate on tasks. These personalized settings ensure that your Apple Watch supports your goals, whether you're exercising, working, or relaxing. Master App Management and Reset Techniques Keeping your Apple Watch running smoothly requires effective app management and knowing how to troubleshoot minor issues. If an app becomes unresponsive, consider these quick fixes: Perform a soft reset by holding the power button and digital crown simultaneously until the Apple logo appears. Force close an app by pressing and holding the side button until the power screen appears, then releasing it and holding the digital crown. These techniques can resolve minor glitches, making sure your watch operates efficiently without unnecessary interruptions. Make the Most of Customizable Watch Bands Apple Watch bands are more than just a fashion statement—they're a practical way to adapt your watch to different situations. For instance: Velcro bands can protect your watch screen when stored in a pocket, reducing the risk of scratches. Switching bands allows you to tailor your watch for various activities, such as workouts, formal events, or casual outings. This versatility ensures your Apple Watch is always suited to your needs, whether you're heading to the gym or attending a business meeting. Optimize Timers and Workouts The timer and workout features on your Apple Watch are designed to be flexible and efficient. Here's how you can maximize their potential: Set multiple timers simultaneously and manage them effortlessly using Siri for hands-free convenience. Skip the standard 3-second countdown in the Workout app by tapping the screen, saving valuable time during your exercise routine. These small adjustments can make a significant difference in your daily routine, helping you stay on track and achieve your goals more effectively. Extend Battery Life with Smart Management Battery life is a critical aspect of any wearable device, and the Apple Watch offers several ways to optimize it. Consider these strategies: Monitor the battery levels of all paired devices directly from your watch to stay informed. Enable Nightstand Mode to use your watch as a bedside clock while it charges overnight. Override battery optimization settings when you need a full charge for extended use, such as during travel or long events. By implementing these tips, you can ensure your Apple Watch remains functional throughout the day without compromising its performance. Enhance Convenience with Call and Display Features The Apple Watch is designed to make everyday tasks more convenient, particularly when it comes to calls and display settings. Here's how: Transfer calls seamlessly between your watch and iPhone, allowing you to switch devices effortlessly during conversations. Activate Theater Mode to disable the always-on display and prevent accidental screen activations. The red flashlight in this mode is especially useful for preserving night vision in low-light environments. These features ensure your Apple Watch adapts to your lifestyle, providing flexibility and ease of use in various situations. Use Accessibility and Haptic Feedback Accessibility features on the Apple Watch are designed to make the device more user-friendly for everyone. Some key options include: Tapping the screen with two fingers prompts Siri to read the time aloud, a feature particularly helpful for visually impaired users. Customize haptic feedback and ringtone settings in the Sound and Haptics menu to suit your preferences, making sure you never miss an alert. These tools enhance the usability of your Apple Watch, making it a more inclusive and adaptable device for all users. Transform Your Apple Watch Experience By exploring and using these features, you can unlock the full potential of your Apple Watch. From optimizing battery life and customizing Focus Modes to creatively using the camera app and using accessibility options, these tips can help you tailor the device to your unique needs. Take the time to experiment with these functionalities and discover how your Apple Watch can become an indispensable part of your daily routine. Stay informed about the latest in Apple Watch tips by exploring our other resources and articles. Source & Image Credit: HotshotTek Filed Under: Apple, Gadgets News, Guides, Top News Latest Geeky Gadgets Deals Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
