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Juniper posts 3% revenue growth

Juniper Networks revenue increased 3 percent year on year and decreased 17 percent quarter on quarter to $1,097.9 million in the first quarter of 2016, the company announced recently.
The US-based technology company said it generated $784.5 million from Service Provider business and $313.4 from Enterprise business during Q1 2016.
The company generated $504.1 million from routing, $175.5 million from switching, $73.4 million from security and $344.9 million from services.
The biggest customers come from Americas, which contributed $628.2 million, while $285.4 million came from Europe, Middle East, and Africa and $184.3 million from Asia Pacific.
“While our results for the March quarter were disappointing, we remain constructive on the full year and encouraged by early customer feedback on our recently introduced new products,” said Rami Rahim, chief executive officer at Juniper Networks.