Juniper Networks Shares Jump 10% On Outlook

By Markets MarketWatch Pulse

Juniper Networks Inc. shares surged in the extended session Tuesday after the computer network company forecast higher-than-expected quarterly results. Juniper shares jumped 10% to $26.07 after hours. The company said it expects adjusted third-quarter earnings of 58 cents a share on revenue of $1.29 billion. Analysts surveyed by FactSet had estimated 52 cents a share on revenue of $1.25 billion.

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