Juniper Networks Tanks

Shares of Juniper Networks

are trading lower in the after-hours following the release of the company's Q4 earnings results. Currently, shares are lower by 7.51%, trading at $20.69; they ended the regular session lower by 1.11%, at $22.37. Juniper Networks reported Q4 EPS of $0.28 on revenues of $1.12 billion. Revenues decreased 6% year over year. The company's operating margin was 11.9%. "While the fourth quarter was softer than we had anticipated primarily due to weak demand from service providers, Juniper delivered record revenues in a year where macro economic uncertainty increased as the year unfolded," said Kevin Johnson, president and CEO. "During the year, we introduced innovative new products across our portfolio that we believe will enable Juniper to continue to grow faster than the markets we serve. We are confident in our strategy and our innovation pipeline, and we remain committed to delivering differentiated solutions that are highly relevant to our customers." Juniper Networks, Inc. designs, develops, and sells products and services that together provide its customers with network infrastructure that creates responsive and trusted environments for accelerating the deployment of services and applications over a single network.