Juniper had hoped for a turnaround in its performance in the second half of 2015, and its Q3 results were very much in line with these expectations. The company is set to report its Q4 2015 earnings on January 27, and investors are hoping for more encouraging signs. Led by relatively better demand from service providers, and strong customer response to new products, Juniper achieved 11% top line growth in Q3. We expect the demand to have sustained during the recently concluded quarter, and new product upgrades to have drawn significant customer attention. A new reference architecture for cloud-enabled enterprise, innovation in security, new partnerships, upgrades in the MX series, the expansion of Contrail for software defined networking, and an expected newer version of QFX10000 switches should have complemented its growth in the fourth quarter. The expanded target market, thanks to the disaggregation of Junos from Juniper’s hardware, should have also helped the company attract some new customers.
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