UPDATED 10:35 EDT / APRIL 11 2012

Juniper’s Upcoming Earnings Report as Rival Launches IPO

Networking solutions vendor Juniper  said today that it will be hosting the call for its first 2012 fiscal quarter on April 24, just a couple weeks away.

Juniper Networks, the industry leader in network innovation, today confirmed it will release preliminary financial results for the quarter ended March 31, 2012, on April 24, 2012 after the close of the market and will host a conference call at 2:00 p.m. PDT, to be broadcast live over the Internet.

The webcast replay will be available on the Juniper Networks website until June 14, 2012.

The networking industry is a very crowded one, by the likes of Cisco as well as smaller companies carving out their own niches. Juniper is also doing its own thing, which as of late has been expanding into network security.

Two months ago the company paid $80 million for a Mykonos, a firm that makes solutions designed to flat-out outwit hackers rather than rely on a database of patterns like more traditional offerings.

The internal interest in security is not something Juniper is unfamiliar with. Two of its executives even left in 2007 to start their own network protection company, a venture that resulted in the birth of Palo Alto Networks.

Palo Alto Networks has seen a lot of growth since its inception, and this week it has filed for a public offering hoping to raise up to $175 million from selling its stock. Total revenue in 2011 was double than what the company reported in the previous year, and the outlook is bright overall – but it seems that some legal trouble is also in the horizon.

Juniper claims that the two founders and ex-employees infringed six of its patents, which they were allegedly well aware of. The date of the initial trial is set to Feb 2014.


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