💨 Abstract
Juniper Networks surpassed Q4 revenue and profit expectations due to increased demand for networking gear in the AI sector. The company, based in California, optimizes data traffic across large networks for cloud and internet service providers. Cloud firms are investing heavily to improve their data centers, boosting demand for Juniper's solutions. For Q4, Juniper expects $1.4 billion in revenue and 64 cents per share, compared to estimates of $1.39
Courtesy: theprint.in
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