Investing.com - Juniper reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Juniper announced earnings per share of $0.31 on revenue of $1.17B. Analysts polled by Investing.com anticipated EPS of $0.3167 on revenue of $1.16B.
Juniper shares are down 18% from the beginning of the year, still down 11.90% from its 52 week high of $38.14 set on March 31. They are under-performing the S&P 500 which is down 12.4% from the start of the year.
Juniper shares lost 4.76% in after-hours trade following the report.
Juniper follows other major Information Technology sector earnings this month
Juniper's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.22 on revenue of $49.36B, compared to forecasts EPS of $2.19 on revenue of $49.01B.
Taiwan Semiconductor had beat expectations on April 14 with first quarter EPS of $1.35 on revenue of $16.94B, compared to forecast for EPS of $1.27 on revenue of $16.73B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar