(RTTNews) - Juniper Networks (JNPR) revealed a profit for third quarter that fell from the same period last year.
The company's earnings came in at $99.3 million, or $0.29 per share. This compares with $223.8 million, or $0.64 per share, in last year's third quarter.
Excluding items, Juniper Networks reported adjusted earnings of $166.6 million or $0.48 per share for the period.
Analysts had expected the company to earn $0.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 4.2% to $1.13 billion from $1.18 billion last year.
Juniper Networks earnings at a glance:
-Earnings (Q3): $166.6 Mln. vs. $191.0 Mln. last year. -EPS (Q3): $0.48 vs. $0.54 last year. -Analysts Estimate: $0.46 -Revenue (Q3): $1.13 Bln vs. $1.18 Bln last year.
-Guidance: Full year EPS guidance: $1.70 - $1.80
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.