Juniper Networks Net Down 50 Percent on Weak Router Sales

Juniper Networks Inc.’s second-quarter income fell 50 percent as soft router and other hardware sales kept challenging the company’s results. However, results beat the company’s estimates, helping drive shares up by almost 5 percent after hours. As of Tuesday’s close, the stock was down 27 percent so far this year. Read the rest of this post on the original site »