JN0-104 dumps with pdf download are for you if you have no time to read books

killexams.com offers legitimate and forward-thinking JN0-104 exam dumps with Actual Junos- Associate (JNCIA-Junos) Exam Questions and Answers for new subjects of Juniper JN0-104 Exam. Practice our JN0-104 pdf download and Answers to Improve your insight and finish your test with High Marks. We ensure your accomplishment in the Test Center, veiling every one of the subjects of JN0-104 test and assembling your Knowledge of the JN0-104 test. Pass 4 sure with our right inquiries.

Exam Code: JN0-104 Practice test 2022 by Killexams.com team
Junos, Associate (JNCIA-Junos)
Juniper questions
Killexams : Juniper questions - BingNews http://www.bing.com:80/news/search?q=Juniper+questions&cc=us&format=RSS Search results Killexams : Juniper questions - BingNews http://www.bing.com:80/news/search?q=Juniper+questions&cc=us&format=RSS https://killexams.com/exam_list/Juniper Killexams : Juniper Networks Chosen by Jazz to Build Fully-Automated Data Center Infrastructure to Support Data, Music and Video Services

Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that it has been selected by Jazz, Pakistan's number one 4G operator and the largest internet and leading digital service provider, to create a transformative, expanded and upgraded data center network to underpin Jazz's services delivery platform for its 74.9 million subscribers. Jazz's objective was to reimagine its architectural approach by leveraging continuous automation, assurance and data-driven insights to deliver a superior network user experience at scale while simplifying its operations.

Jazz offers the broadest portfolio of value-added digital services to enterprises and subscribers in Pakistan and has built a reputation for cutting-edge innovation with the ability to scale cloud-based services quickly and reliably. Following a rigorous vendor-agnostic technology appraisal, focused on the operational and cost efficiencies made possible by network automation, Jazz selected Juniper's technology and expertise to underpin this latest project. Juniper's advanced automation capabilities, transforming the entire network management lifecycle process within a single system, were a standout in the market.

News Highlights

  • The new network will support a wide range of customer-facing services that demand reliability and fast data throughput to support a consistently strong user experience. These include cloud-based enterprise data services, mobile banking, music and video download/streaming services, as well as professional services such as an agricultural application for four million farmers who rely on it for information, advice and guidance in remote areas.
  • Jazz will also use the network to power key internal workloads such as CRM and billing.
  • Jazz will deploy the Juniper Apstra System to deliver true intent-based networking (IBN) capabilities. This enables Jazz to design and operate its data center network based on outcomes, with the entire data center lifecycle automated, from Day 0 (design) through Day 1 (configuration and deployment) to Day 2+ (ongoing operations).
  • The network's initialdesign is tied to day-to-day operations, enabling a single source of truth throughout its lifecycle. Automation provides a continuous feedback loop of real-time data insights, validation and root cause identification to minimize mean-time-to-repair (MTTR).
  • This approach will enable Jazz to operate a much more efficient, reliable and agile network. It will help to deploy new service features, optimizing user experience for both network teams and customers.
  • The new data center infrastructure includes a spine-and-leaf architecture built with the Juniper Networks QFX Series Switches and fully integrated with the Juniper Apstra System.
  • Jazz has previously deployed MX Series Universal Routing Platforms from Juniper for 400G-ready connectivity for its metro and internet gateway infrastructure. The new QFXs leverage the same Junos® OS operating system, providing a consistent networking estate for Jazz to manage and operate.
Supporting Quotes

"In common with all service providers globally, Jazz faces relentless data demand and heightened expectations for seamless digital services. As a result, we wanted to completely rethink our data center operations, using ground-breaking automation to create the best possible user experiences for our enterprise customers and subscribers. Operational simplicity was another important goal, to deliver cost reductions and improved ease of use for our technical teams in the face of massive demand at scale. We evaluated multiple vendors, but Juniper's ability to deliver the exact networking outcomes we needed meant that a highly strategic decision was very straightforward to make."

- Abdul Rehman Usmani, Vice President of Technology at Jazz

"The power of automation, bound within a single operational framework thanks to intent-based networking, enables Jazz to address the relevant operational questions, find the right answers quickly and make the best decisions. This means its network becomes a strategic business tool, leveraging data to deliver robust deployment and operational efficiencies and eliminates traditional network constraints that force choices between speed and reliability. Based on data from other Juniper customers, the result will be dramatic savings on downstream costs and tremendous returns on networking investments."

- Mike Bushong, Vice President, Cloud Ready Data Center at Juniper Networks

About Juniper Networks

Juniper Networks is dedicated to dramatically simplifying network operations and driving superior experiences for end users. Our solutions deliver industry-leading insight, automation, security and AI to drive real business results. We believe that powering connections will bring us closer together while empowering us all to solve the world's greatest challenges of well-being, sustainability and equality. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on Twitter, LinkedIn and Facebook.

Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.

[ Back To TMCnet.com's Homepage ]

Sun, 07 Aug 2022 21:53:00 -0500 text/html https://www.tmcnet.com/usubmit/-juniper-networks-chosen-jazz-build-fully-automated-data-/2022/08/08/9651763.htm
Killexams : Juniper, Granny gets her gun </head> <body id="readabilityBody" readability="27.959183673469"> <h3>Newscorp Australia are trialling new security software on our mastheads. If you receive "Potential automated action detected!" please try these steps first:</h3> <ol type="1"> <li>Temporarily disable any AdBlockers / pop-up blockers / script blockers you have enabled</li> <li>Add this site in to the allowed list for any AdBlockers / pop-up blockers / script blockers you have enabled</li> <li>Ensure your browser supports JavaScript (this can be done via accessing <a href="https://www.whatismybrowser.com/detect/is-javascript-enabled" target="_blank">https://www.whatismybrowser.com/detect/is-javascript-enabled</a> in your browser)</li> <li>Ensure you are using the latest version of your web browser</li> </ol> <p>If you need to be unblocked please e-mail us at accessissues@news.com.au and provide the IP address and reference number shown here along with why you require access. News Corp Australia.</p><p>Your IP address is: | Your reference number is: 0.2c64cd17.1659988455.1e5efb61</p> </body> </description> <pubDate>Thu, 04 Aug 2022 14:19:00 -0500</pubDate> <dc:format>text/html</dc:format> <dc:identifier>https://www.theaustralian.com.au/arts/review/juniper-granny-gets-her-gun/news-story/c56c446296828d806fe9394f6929d309</dc:identifier> </item> <item> <title>Killexams : Peterborough Cathedral events will be asking the big questions

T.rex’s eating habits are not the only killer question raised by the Natural History Museum’s dinosaur exhibition, which is on show at Peterborough Cathedral until September 3.

Eminent speakers will be addressing some of the other questions that may be on the minds of visitors, with two talks and a podcast this month.

Tony Juniper, Chair of Natural England, will be addressing the question ‘What’s really happening to our planet?’ when he speaks at the Cathedral on Tuesday, August 23 at 7.30pm.

A full body view of a T-Rex. Picture: The Natural History Museum London (54982208)
A full body view of a T-Rex. Picture: The Natural History Museum London (54982208)

On Tuesday, August 30 at 7.30pm, the question for the Rev Canon Andy Bryant of Norwich Cathedral will be ‘In the beginning God created… the dinosaurs?’.

GodPod, the regular podcast from theologians Graham Tomlin, Mike Lloyd and Jane Williams, will present a special dinosaur-themed issue, available online from Friday, August 5. They will be joined in their discussion by Canon Steve Benoy of Peterborough Cathedral who has organised the events.

He said: “I hope this series of talks will help people to dig a bit deeper and consider questions about God, extinction, our purpose on this planet.”

Tickets are £10 plus a booking fee and are available via www.peterborough-cathedral.org.uk for tickets or on the door.

Wed, 03 Aug 2022 20:02:00 -0500 en text/html https://www.spaldingtoday.co.uk/whats-on/getting-our-teeth-into-the-big-questions-9267354/
Killexams : Juniper reports mixed earnings results as it struggles with ongoing supply chain woes

Shares of the computer networking supplier Juniper Networks Inc. fell in extended trading today after the company posted mixed second-quarter results, with earnings that missed Wall Street’s forecast and revenue that topped expectations.

The company reported earnings before certain costs such as stock compensation of 42 cents per share on revenue of $1.27 billion for the period, up 8% from a year ago. Wall Street had been looking for higher earnings of 44 cents per share on lower sales of $1.26 billion. Juniper also reported net income for the quarter shot up 83%, t $113.4 million.

Investors reacted badly to the report, with Juniper’s stock falling more than 4% after-hours, having dipped by 1% earlier in the day.

Juniper is a supplier of computer network hardware such as routers and Ethernet switches. It also sells networking software, and provides software tools for securing those networks too.

Juniper Chief Executive Rami Rahim (pictured) said the company exceeded its own revenue forecast during the quarter, and delivered a second consecutive quarter of double-digit, year-over-year product revenue growth.

“Demand signals remain healthy and we are seeing attractive opportunities across our enterprise, cloud and service provider markets,” Rahim added. “Based on this momentum, the backlog we have built, and our latest expectations regarding supply, I am increasingly optimistic regarding our revenue growth prospects for the year.”

Like many technology firms, Juniper’s fortunes this year have been hampered by problems with its supply chain. Three months ago, the company issued a warning that the supply chain challenges it is facing will likely result in extended lead times, as well as elevated logistics and component costs.

In a conference call today, Rahim said those issues have weighed on the company’s growth. He said the availability of certain components remained “extremely challenged” during the quarter due to a meaningful uptick in volume of supplier decommits. As a result, the company has incurred higher costs to secure access to additional parts and get products to customers as fast as possible.

“While some of these actions will impact profitability over the next few quarters, they are also enabling us to access more parts and better satisfy customer demand, which should have positive longer-term implications for our business,” Rahim insisted.

Despite the increased costs it is facing, Juniper did manage to grow its operating margin to 8.5% in the quarter, up from 7% a year ago.

Rahim also addressed concerns over the company’s software business. He said revenue there grew 24% from a year earlier but was still lower than expected. “We believe the outlook for our software business remains strong and we are encouraged by the momentum we’re seeing with our Junos Space Flex software, out-of-the-box subscription software and software-as-a-service offering, such as Mist,” he added.

Looking ahead to the current quarter, Juniper said it expects earnings in a range of 45 to 55 cents per share, the midpoint of which is below Wall Street’s target of 54 cents per share. In terms of revenue, Juniper offered a forecast ranging from $1.3 billion to $1.4 billion versus Wall Street’s forecast of $1.29 billion.

Photo: SiliconANGLE

Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Join the community that includes Amazon Web Services and Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger and many more luminaries and experts.

Tue, 26 Jul 2022 14:09:00 -0500 en-US text/html https://siliconangle.com/2022/07/26/juniper-reports-mixed-q2-results-struggles-ongoing-supply-chain-woes/
Killexams : Juniper Networks Inc's (JNPR) CEO Rami Rahim on Q2 2022 Results - Earnings Call Transcript

Juniper Networks Inc. (NYSE:JNPR) Q2 2022 Earnings Conference Call July 26, 2022 5:00 PM ET

Company Participants

Jess Lubert – Vice President of Investor Relations

Rami Rahim – Chief Executive Officer

Ken Miller – Chief Financial Officer

Conference Call Participants

Paul Silverstein – Cowen

Tim Long – Barclays

Amit Daryanani – Evercore

Rod Hall – Goldman Sachs

Alex Henderson – Needham

George Notter – Jefferies

David Vod – UBS

Simon Leopold – Raymond James

Angela Jin – JPMorgan

Aaron Rakers – Wells Fargo

Meta Marshall – Morgan Stanley

Sami Badri – Juniper

Tal Liani – Bank of America


Good afternoon, ladies and gentlemen, and welcome to the Juniper Networks' Second Quarter 2022 Financial Results Conference Call. At this time all participants have been placed on a listen-only mode and we will open the floor for your questions and comments after the presentation.

It is now my pleasure to turn the floor over to your host, Jess Lubert, Vice President of Investor Relations. The floor is yours.

Jess Lubert

Thank you, operator. Good afternoon and welcome to our second quarter 2022 conference call. Joining me today are Rami Rahim, Chief Executive Officer; and Ken Miller, Chief Financial Officer. Today's call contains certain forward-looking statements based on our current expectations. These statements are subject to risks and uncertainties and actual results might differ materially. These risks are discussed in our most accurate 10-Q, the press release, and CFO commentary furnished with our 8-K filed today and in our other SEC filings. Our forward-looking statements speak only as of today and Juniper undertakes no obligation to update any forward-looking statements.

Our discussion today will include non-GAAP financial results. Reconciliation information can be found on the Investor Relations section of our website under Financial Reports. Commentary on why we consider non-GAAP information a useful view of the company's financial results is included in today's press release. Following our prepared remarks, we will take questions. We ask that you please limit yourself to one question, so that as many people as possible who would like to ask a question have a chance.

With that, I will now hand the call over to Rami.

Rami Rahim

Good afternoon everyone and thank you for joining us on today's call to discuss our Q2 2022 results. We delivered strong top line results during the June quarter as total revenue of $1.270 billion exceeded the mid-point of our guidance and product revenue saw a second consecutive quarter of double-digit year-over-year growth despite ongoing challenges from a supply chain perspective. Demand remained strong and exceeded our expectations with product orders seeing double-digit year-over-year growth when adjusted to account for extended lead times. While gross orders experienced a single digit year-over-year decline, this was better than expected given the difficult comp in Q2 of last year, when the duration of customer orders began to extend.

Total product backlog increased meaningfully on both a sequential and a year-over-year basis to end at a record level, setting us up well for future revenue growth as this backlog eventually begins to normalize. Our focus on delivering solutions that Improve customer operations what we call experience-first networking continues to resonate across each of the markets we serve. This is evident in our Q2 results, which saw year-over-year revenue growth across all customer verticals.

Demand signals remain healthy and we are seeing attractive opportunities across our Enterprise Cloud and Service Provider markets. With that said, we are particularly encouraged by the Q2 momentum in our enterprise business, which not only delivered a record revenue quarter, but also saw orders increased by 20% year-over-year. We believe this strength is reflective of our sustainable differentiation and technology and user experience, both in our campus and our data center offerings, as well as the investments we've made in our go-to-market organization.

We believe these factors should enable us to gain share and deliver sustainable enterprise growth in future periods even if macro headwinds start to affect our markets. Another highlight in the quarter was the increased diversification within our Cloud vertical, where we saw improved momentum with multiple hyperscale providers and continued success with Cloud major accounts, both of which are adopting our 400 gig technology. Of our top 10 customers in the June quarter, six of them were Cloud accounts, which illustrates the diversification we are seeing. We view our increased Cloud diversification as a positive development, which should position this business for sustainable long-term growth.

Not to be overlooked, we continue to see healthy momentum in the service provider vertical and just recently secured a new 400 gig core win with one of the Tier 1 U.S. carriers. We're also making progress in the Metro market where we recently introduced several new platforms that will further enhance our competitive position in this attractive portion of the market. Our teams are executing well and we continue to feel good about our ability to capitalize on big opportunities tied to enterprise digital transformation and clarification initiatives, 400 gig upgrades at Cloud and Service provider customers and the broader adoption of Cloud-based services and network architectures. Based on my conversations with customers, these opportunities represent key strategic initiatives that should present a durable tailwind for our business over the next several years. While revenue was a bright spot and customer demand remained strong, margin and EPS came in weaker than we expected due to higher than expected supply chain costs and lower than expected perpetual software revenue, both of which I'd like to address.

First, from a supply chain perspective, the availability of remained extremely challenged during the June quarter, as we saw a meaningful uptick in the volume of supplier decommits. In order to secure access to additional parts and get products to customers as soon as possible, we incurred higher costs than we anticipated at the beginning of the quarter. While some of these actions will impact profitability over the next few quarters, they are also enabling us to access more parts and better satisfy customer demand, which should have positive, longer term implications for our business.

Secondly, our software revenue mix came in lower than we expected, even though software revenue still grew 24% year-over-year. We believe the outlook for our software business remains strong and we are encouraged by the momentum we're seeing with our Junos Space Flex software, out-of-the-box subscription software and software-as-a-service offering, such as Mist. Much of this momentum can be seen in our deferred revenue from customer solutions, which grew 7% sequentially and 41% year-over-year. The truly ratable component of this deferred revenue, which accounts for more than half of the total, grew even faster, nearly doubling on a year-over-year basis.

In summary, demand remains strong and given the backlog we've built, along with the actions we've taken to secure more supply, we're now incrementally more confident regarding our top line outlook and our ability to ship products to customers. As a result, we now expect to deliver approximately 10% sales growth in 2022 and at least mid-single digit revenue growth in 2023.

While non-GAAP operating margin is likely to be flat to slightly down in 2022 due entirely to the lower than anticipated non-GAAP gross margin we now expect, we still expect non-GAAP earnings to grow. We remain focused on delivering improved profitability and expect margin to expand in 2023.

Now I'd like to provide some additional insights into the quarter and address some of the key developments we're seeing from a customer solutions perspective. Starting with Automated WAN, we delivered strong results in the Q2 timeframe and orders once again, exceeded expectations, but did decline year-over-year. Revenue grew year-over-year across all customer verticals, all geographies and all major product lines, including our MX, PTX and ACX families.

We are continuing to see strong 400-gig momentum with our cloud and service provider customers, including the new 400-gig core win with the U.S. Tier 1 provider that I previously referenced. This win was secured based on the strength of our PTX product family, which delivered the superior scale, embedded security and power efficiency this important customer requires.

I was also encouraged to see another quarter of strong demand for our newer MX platform leveraging our 306 silicon, including the MX10K, the LC 9600 line card and the MX304. These platforms deliver the industry-leading logical scale, embedded security and power efficiency necessary to meet the needs of the most demanding multiservice edge environment.

We also saw another quarter of triple-digit order growth for our ACX Metro portfolio and introduce several new platforms such as the ACX7024 and the ACX7509, both of which provide industry-leading performance and expand the number of Metro use cases we can address. We plan to further enhance our Metro portfolio with new hardware, software, and automation capabilities in future quarters that will further enhance our competitive position in this attractive portion of the service provider market.

Our cloud-ready data center revenue was flat Q2 due entirely to the timing of shipments. Orders exceeded expectations, but did decline year-over-year due to an exceptionally large deal with a hyperscale account in the year ago quarter. Excluding this customer, orders experienced double digit year-over-year growth, and we continue to see healthy momentum with large enterprise and Cloud major accounts. Our 400-gig solutions are resonating in the market, and we have now secured approximately 80 400-gig data center switching opportunities that span across cloud majors, enterprise and service provider accounts.

Customer interest in our cloud-ready data center portfolio remains high and given the wins we've already secured, I am optimistic about our ability to capitalize on the attractive growth within this market over the next several years. Our AI-driven enterprise revenue continued to materially outpace the market, growing 17% year-over-year. This strength was led by our Mist-ified portfolio, which grew more than 60% year-over-year, achieving another record quarter for both Mist Wi-Fi and Mist-ified revenue.

We are especially encouraged by the traction we're seeing with large customers across the globe with wins at a global financial bank, a global car manufacturer, and a global furniture retailer, each of which recently purchased a combination of AI-driven wireless, wired, security and/or SD WAN products from Juniper.

To build on this AI-driven enterprise momentum we continue to deliver groundbreaking new products that optimize both end user and operator experiences such as a recently launched EX4100 family of access switches. Like the EX4400 family announced last year, these are truly enterprise grade access switches born in the cloud with native AIOps ensuring easy setup and management coupled with best-in-class scalability, security and performance.

In addition, we brought AIOps to indoor location services with recently announced features that simplify wireless access point placement and orientation and we are now delivering six generation AI driven actions to address even more common networking problems, such as DHCP failures and wired authentication errors. Based on our accurate order momentum, third-party validation and the technical superiority of our AI driven enterprise portfolio, I remain highly confident regarding the outlook of our complete client-to-cloud campus and branch business.

Our security revenue declined in Q2 due largely to supply chain constraints on our hardware platforms and a difficult comp in the year ago quarter. Despite these challenges, we saw healthy momentum in our mid-range firewall portfolio, as well as our software-only security offerings. We believe the performance of our products is industry leading, which has been validated by a number of independent tests. Most recently receiving a AAA rating from cyber ratings with a 100% block rate for our cloud firewall offerings.

We remain confident in our connected security strategy and believe the convergence of networking and security provides us with a competitive advantage in the portions of the market where we are currently focused. We believe our technical strength in both security and networking will provide tailwinds in future quarters and should enable us to deliver better results over the next few quarters. I'd like to mention that our services team delivered a record quarter due to strong renewals and attach rates.

In addition to strong revenue, we also achieved another quarter of solid service margin. Our services organization continues to execute extremely well and is focused on driving incremental efficiencies through automation and cloud delivered insights that not only create new revenue opportunities, but also benefit margin and the customer experience. I would like to extend my thanks to our customers, partners and shareholders for their continued support and confidence in Juniper. I especially want to thank our employees for their hard work and dedication, which is essential to creating value for our stakeholders.

I will now turn the call over to Ken who will discuss our quarterly financial results in more detail.

Ken Miller

Thank you, Rami, and good afternoon, everyone. I will start by discussing our second quarter results and end with some color on our outlook. We ended the second quarter of 2022 at $1.270 billion in revenue above the midpoint of our guidance and up 8% year-over-year. Non-GAAP earnings per share was $0.42 below the midpoint of our guidance range due entirely to lower than expected gross margin. We continue to be in a supply constrained environment with unprecedented costs to procure components and deliver our products.

We prioritize delivering products to our customers as timely as possible, which resulted in higher costs and lower gross margin. Product orders remained strong during the second quarter and exceeded our expectations. As a reminder, we are experiencing some order strength attributable to industry’s supply chain challenges resulting in customers placing orders ahead of their normal order rate to account for the extended lead time. While product orders declined single-digits year-over-year due to a difficult comparison. Adjusted orders grew double-digits year-over-year, and our backlog increased more than $250 million on a sequential basis.

We saw particularly strong demand and enterprise vertical with both gross and adjusted orders growing on a year-over-year basis. From a customer solution perspective, Automated WAN Solutions and AI driven enterprise revenue both grew 17% year-over-year. Cloud-Ready Data Center revenue was essentially flat year-over-year. Looking at our revenue by vertical, all verticals grew sequentially and on a year-over-year basis.

Revenue in Enterprise grew 15%, followed by service provider growing 6%. And our cloud business grew 3% on a year-over-year basis. Total Software and Related Services revenue was $213 million, which was an increase of 24% year-over-year. Annual recurring revenue or ARR who approximately 34% year-over-year and reviewing our top 10 customers for the quarter, six were cloud, three were service provider, and one was an enterprise.

Our top 10 customers accounted for 34% of total revenue as compared to 33% in Q2 2021. Non-GAAP gross margin was 56.2%, which was below our guidance range primarily due to elevated supply costs related to the challenging supply chain environment and lower than anticipated software mix. We experienced a greater volume of supply de-commitments in the quarter, which resulted in increased expedite and component costs as we prioritized delivering products to our customers as timely as possible. If not for the elevated supply chain costs, we estimate that we would’ve posted non-GAAP gross margin of approximately 59%. We expect the supply chain environment to remain challenged through at least the second half of the year.

Moving on to operating expense, on a non-GAAP basis, which increased 4% year-over-year, and 1% sequentially. Non-GAAP operating margin was 13.9% for the quarter, which was below our expectations due to the lower than expected gross margin result. We had $267 million in cash outflow in the quarter. The cash outflow in the quarter includes approximately $165 million of additional payments to suppliers and prepaid deposits as well as strategic inventory purchases and an attempt to meet our customer delivery demands. Approximately $115 million of lower customer collections related to invoicing linearity and approximately $75 million of additional cash tax payments related to the capitalization and amortization requirements for research and development expenditures of the Tax Cut and Jobs Act of 2017, which went into effect on January 1, 2022.

While we expect to be cash flow positive in the second half of 2022, some of these items are likely to also negatively impact second half cash flow results. Over time, we do expect cash flow timing differences to normalize and our cash flow results should be relatively in line with profit levels. Total cash, cash equivalents and investments at the end of the second quarter of 2022 was $1.3 billion.

Now, I’d like to provide some color on our guidance, which you can find detailed in the CFO commentary available on our Investor Relations website. For the third quarter, we expect to see revenue growth of approximately 14% year-over-year driven by the strength of our backlog, strong demand and an improved supply outlook.

Our better than expected supply outlook is the result of strategic actions we have taken to Improve our access to components. We will continue to prioritize delivering products to our customers as timely as possible. The higher costs we are incurring to secure supply will negatively impact margins over the next several quarters.

In addition, we expect to see a similar software mix in the third quarter as we saw in the second quarter. These factors will continue to pressure our gross margin and overall profitability.

Turning to our expectations for the full year 2022. Given the strong order momentum we have seen coupled with our current backlog, as well as an improved supply outlook, we are raising our revenue growth expectation for the year to approximately 10%. This assumes the current supply chain environment does not further deteriorate.

We also anticipate backlog to remain at elevated levels through the remainder of the year. Non-GAAP gross margin for the full year 2022 is expected to be approximately 57% down from our original expectations of 58% to 60%. As a result of the supply chain constrained environment, we now expect to absorb approximately $155 million of elevated component and freight costs in 2022, more than 50% higher than we had anticipated at the beginning of the year. We believe these elevated costs will be transitory over time.

In addition, software as a percentage of total revenue in the second half of the year is expected to remain close to Q2 2022 levels. In 2021, we implemented some pricing actions, which have begun to parse the offset some, but not all the increased costs we are incurring. We are planning to take additional pricing actions to further offset these incremental costs.

However, given the size of our backlog, these actions will take time to positively impact our results. We remain committed to disciplined expense management, and we expect operating expense to grow slower than revenue. That said, we will continue to invest to take advantage of market opportunities and our non-GAAP operating expense is expected to increase on a full year basis.

Given the pressure we are seeing in non-GAAP gross margin, we no longer have line of sight to at least a 100 basis points expansion of non-GAAP operating margin. Our current expectation is non-GAAP operating margin will be flat to slightly down for the full year. We still expect non-GAAP EPS to grow on a full year basis.

While the current global macroeconomic environment and the ongoing pandemic posed some uncertainty. We would like to provide some early color on our outlook for 2023. What the order momentum we are seeing our elevated backlog and current expectations for supply, we expect revenue growth of at least mid-single digits on a full year basis in 2023.

We also expect improved profitability and margin expansion in 2023. In closing, I would like to thank our team for their continued dedication and commitment to Juniper success, especially in this challenging environment.

Now, I’d like to open the call for questions.

Question-and-Answer Session


Thank you, ladies and gentlemen. The floor is now open for questions. [Operator Instructions] First question is coming from Paul Silverstein with Cowen. Your line is live.

Paul Silverstein

Thanks. I hate to ask you about supply chain, but I guess I will. Ken and Rami, what changed and I – at the risk of asking you to speak for not just yourselves, but other companies. There appears over the last year or two have been somewhat of a randomness in terms of a general trend of either stability or in some case modest improvement, but one or a handful of companies being impacted. We just heard [indiscernible] this morning, where stability. And I'm not throwing stones. I get it that it's a challenged environment out there, but what's accounting for the difference. And what changed in terms of the decommits for you?

Ken Miller

Yes. So the supply chain environment remains very challenged as it has been for the last several quarters. Lead times from suppliers and to us are extremely extended. Sourcing supply is proving to be very difficult. And at times is coming at an increased cost. We did mention on the prepared remarks that in Q2 in particular, we did see a higher volume of decommits from suppliers. And this really forced us to pay more expedite fees and heavily leverage the broker markets more than we historically have. And that comes at a higher cost.

So the good news for us is, I feel very proud of our abilities to navigate these curve balls and these situations. And we actually – as you saw, we actually beat our revenue midpoint for the quarter. And based on these actions we're taking, albeit, they do come at a cost. We feel confident that we are getting access to more supply. And we actually raised our guidance for the full year.

So we do see supply getting improving from an absolute volume perspective, but it is coming at an incremental cost and it's difficult. I mean, every quarter seems to be a different challenge, but we seem to be doing a pretty good job in my opinion, navigating those challenges.

Paul Silverstein

Key, can you provide us a rough idea of how many decommits you're talking about and how that compared to the previous quarter?

Ken Miller

Yes. It's difficult to quantify. I'll tell you that we had some large strategic suppliers that we were expecting supply early in the quarter than we received. We received some of it later in the quarter. The other impact we had was linearity in the quarter from a shipping perspective and invoicing perspective was also negatively impacted. So it was definitely greater than normal, Paul, but we haven't really given these numbers in the past, so it's hard to compare to historical norms.

Paul Silverstein

All right. Can I ask one follow-up on – Rami, I think I heard your reference momentum or progress with hyperscalers. Can you provide us any insight – more granular insight on what you're referring to?

Rami Rahim

I'd be happy to Paul. So I'm actually really pleased with our results with our cloud providers all up. I think the name of the game for us in the cloud provider space is diversification. I think we're seeing increased diversification among the hyperscalers to Tier 1 hyperscaler. So if one of our top hyperscale accounts goes through period of digesting orders that they've placed in the past or finding is another one will step in and compensate for that with more orders.

And that happened – some of that happened in Q2 and then brought more broadly, our cloud majors customers saw great momentum and not just in routing, but also in data center switching and in 400 gig opportunities. So all up, I'm very pleased with the momentum we're seeing and I'm optimistic about the cloud provider vertical going forward.


Up next we have Tim Long with Barclays. Tim, your line is live.

Tim Long

Thank you. Just wanted to talk on the enterprise business a little bit. So Rami, just if you could talk a little bit, obviously it's been a great market, good results this quarter. Talk a little bit about kind of the sustainability of the elevated growth there and a little bit on how you're continuing to invest and go to market and how you're pulling through whether it's traditional wired products or some of the SD-WAN or other new technologies that you're bringing into the enterprise. Thank you.

Rami Rahim

Yes, I'd be happy to. So needless to say, I'm incredibly proud of the team for the results that they're continuing to deliver in the enterprise segment all up, very strong growth, both in terms of revenue, but also in terms of orders that grew 20% year-over-year, diversity in terms of the technology offering. So obviously we're seeing continued momentum with our AI driven enterprise solutions, but even our automated WAN saw a really great momentum this quarter.

And a lot of that was driven by a resumption in spend by the federal government, which was kind of weak for the last several quarters. And I do expect that some of that is going to continue. So I'm actually quite optimistic about that. We are absolutely keeping a close eye on any sort of early warning indicators from a macro standpoint, any sort of headwinds, but so far, and you can see it from the order momentum we're seeing, we're not seeing any of that at this point in time.

And I think the team has done a really nice job of just focusing on more macro resistant segments of the enterprise market. I think that's working in our favor. I also believe that the kinds of technologies that we're offering to our customers be it cloud delivered AI driven solutions, highly automated data center solutions are the kinds of solutions that I think our customers or prospects view as very strategic to their digital transformation initiatives.

And so – and of that, I think you're going to see just more resilience to any sort of issues that might come our way in the future. So for all those reasons, technology differentiation, our go-to-market team, just crushing it focusing on the right sub-segments of the market, I continue to be very bullish about our enterprise business going forward.

Tim Long

Okay. Thank you.

Rami Rahim

My pleasure.


Okay. The next question is coming from Amit Daryanani from Evercore. Your line is live.

Amit Daryanani

Thanks for taking my question. I guess, one of the things that some of the companies I’ve talked about, I’d love to get your perspective is signs that macros and impact demand. Are you seeing any of that? I know the European revenues were a little bit weaker. But I’d love to just understand if you’re seeing anything in terms of elongation of sales cycles or anything on the macro side. And then just related to that I’m curious, what gives you the confidence and the conviction to provide at least an initial framework for calendar 2023 this earlier in the process?

Rami Rahim

Yes. Amit, let me start and I’m sure Ken would like to weigh in as well. So order strength remains robust and it remains robust across all of our segments. So I know when it comes to macro indicators, I think people are mostly concerned about what might happen to the enterprise, but you saw there, enterprise revenue double digit growth, enterprise orders growing at 20% year-over-year. We’re not going to be immune to any sort of major macro changes that happen. But we’ve got our early warning indicators sort of – we’re sort of scoping and making sure that there isn’t anything to be concerned about. And thus far I’d say there is not. I think we are playing in markets that are large, that where we have relatively small share where there’s tons of opportunity for us to compete.

And we’re competing with solutions that I think are very strategic, especially in a situation where there are going to be cost pressures and the need for IT teams to start cutting costs. So for these reasons, I actually think even in the event that there were challenges – macro related challenges we can do quite well. And with that said, I’ll just pass it on to Ken for additional commentary.

Ken Miller

Yes. On the FY2023 kind of framework, over the last several quarters, as you know, we’ve built up an exceptional backlog. This is definitely providing us much greater long-term visibility than we historically had. Our backlog is now more than $2.4 billion, which is approximately 6x normal levels, so an exceptional backlog build. Also the investments we’re making in the supply chain we believe are starting to pay off.

We did raise the full year this year, the second half we raised to get to a 10% full year guide in 2022. And we believe we’ll have access to supply to get to at least mid single digits next year. We haven’t provided FY2023 guidance as of yet. The only guidance you kind of have would be our long-term model, which was at least low single digits, which we provided over a year and a half ago. And we felt at this point, given the demand signals we’re seeing, given the supply that we believe will be able to procure, we think mid single digits is the right framework at this time, at least mid single digits.

Amit Daryanani

Perfect. Thank you very much.

Ken Miller



Okay. The next question is coming from Rod Hall with Goldman Sachs. Rod, your line is live.

Rod Hall

Yes. Hi guys, thanks for the question. I had two for you. One is just the implied gross margin in Q4. We calculate about 1.3 percentage points, maybe 1.5 percentage points increase sequentially there off of Q3. And I’m just curious what you guys – what makes you expect that? Is it visibility on cost or is it pricing or kind of what the driver is there? And then I have one follow up.

Ken Miller

Yes. So without getting specific on Q4, I’m sure your models are pretty accurate Rod. We do think the year would be about 57%. Really we expect there to be a volume benefit in Q4. We also expect to see more and more of the pricing actions that we’ve taken play out as time passes. So those would be the primary factors. Again, I’m not providing specific Q4 guidance. I don’t have exact mix prediction at this point. But I do believe 57% for the year is the right place to be right now.

Rod Hall

Yes. Just if we plug in Ken, the Q3 guide that’s kind of what we get – what spits out of Q4.

Ken Miller

Yes. And I’m sure your models are close. Yes. I just don’t have the model in front of me.

Rod Hall

Yes. And then the other thing I wanted to ask you is DSOs are up a lot in the quarter, and I wondered if you could comment on linearity in the quarter and also, the driver for the DSOs is just supply shortage or was there’s some backend linearity there as well. Thanks.

Rami Rahim

Yes. So linearity in the quarter from an order’s perspective was very normal, right? We saw a very strong demand and bookings throughout the quarter. And we really didn’t see any sort of abnormally from a linearity perspective. That said, from a shipping and therefore invoicing, we did see a pretty backend loaded quarter. As I mentioned in my prepared remarks, we had some supplier de-commitments and we had to kind of recover and react to that. So we did ship later in the quarter than we normally do that had an impact on DSO. It had an impact on the cash flow, but also had an impact on freight cost as we had to take faster routes to get products to customers in the commitments we made to them. So it had a negative impact on a few of our metrics.

Rod Hall

Got you. Okay. That’s very helpful. Thanks, Ken.

Ken Miller



Okay. The next question is coming from Alex Henderson with Needham. Alex, your line is live.

Alex Henderson

Great. Thank you very much. So $2.4 billion plus in backlog is an enormous backlog relative to the historical norms of the company. And as we look forward if I were to run what the equivalent of a bank stress test on your outlook for a CY2023, it looks like you could produce 20%, 30%, 40% declines in orders for the next three or four quarters and right through to the back end of 2023, still hitting at least mid-single-digits or plus revenue growth and still end up with a backlog that’s 250% to 300% of normal, is the backlog likely to increase as we go into the back half of the year? And how do you view these year-over-year declines versus the ability to sustain a book-to-bill somewhere in the broad vicinity of 1.0 as we go through the end of the year, because that’s are really the critical variables to the stability and visibility of the 2023 numbers.

Ken Miller

Yes. So, I mean, you’re right. The backlog is unprecedented levels and, as how I see this year playing out, I can’t provide you a precise number here. I will say this, I think they’ll remain elevated, kind of similar levels to where they are now. That would be my expectation as we kind of finish the second half of this year. And you are also are correct in that, the backlog should support our revenue for the next period of time, even if gross demand orders are down. And in fact, this quarter’s a good example of that, where we mentioned on the call that our orders were actually down single digits. But we not only delivered 10% product revenue growth. We also grew backlog $250 million, right? So there was a fair amount of room there in orders. And that just gives us confidence in our ability to generate revenue for sustainable future. And that’s one reason why we raised our guidance to at least mid-single-digits next year.

Unidentified Analyst

Yes. So, the key point of the question was, can you, in fact, if you went through a stress test analysis like a bank, absorb 20% or 30% declines for three or four quarters, and still end up with that massive backlog given where you are exiting 2023, and which case the only real question then is the improvement in the supply chains, your ability to deliver on better than 5% growth and in the top line over that timeframe that you clearly have the orders. And a put note to this, just want to clarify, when you talk about the geographies in your print, that’s a function of the timing of when orders came in. I assume these are first-in, first-out, and therefore not reflective of any particular change in demand in any particular geography, because it’s, your backlog increased. So therefore I assume it’s a allocation question, not a demand question.

Ken Miller

Yes. So, you’re absolutely right. If you were to perform such a stretch, test our model, our revenue model, given the backlog, we have would still sustain at those types of declines in orders, those 20%, 30% declines. So your math is correct. And again, that gives us a lot of comfort in our revenue growth sustainability for the next couple of years here. On the geo mix, I would say it is absolutely a factor of what we’re able to ship? What supply we’re able to procure? It’s not quite as simple as first-in, first-out, because quite honestly, the supply chain is very dynamic, and we have shortages in some parts, and we have more parts available in others.

So it’s really about supply availability. And that really results in the revenue profiles that you see really across the board, geographically, as well as in some level – in some cases, the vertical cuts and the customer solution views is really about supply at this point.


Okay. The next question is coming from George Notter with Jefferies. George, your line is live.

George Notter

Hi guys. Thanks very much. I guess, I wanted to ask about some of the mix items affecting gross margins. You mentioned lower software license sales in the quarter. Can you be more specific about what that was? I realize it’s lumpy, it was bigger in Q2 getting smaller in Q3 and Q4, but what precisely was that? And what drives that the cadence of revenue recognition there? Thanks.

Rami Rahim

Yes, George, let me take a crack at it. And then Ken, you can jump in. So total software grew at 24% year-over-year, that’s a good result, but it was down sequentially. And that affected our margins because of mix in the Q2 timeframe. The software softness was really all in our perpetual offerings. And those can be lumpy, they can be – they can swing around positively or negatively based on orders of state certain capabilities from some of the largest customers that we have for routing and switching products.

Subscription software importantly remains really strong, and you can see that in deferred revenue, you can see that in our ARR, which grew at 34% year-over-year. So, I’m actually really confident in our ability to achieve our long-term software projections [ph], as well as our ARR. And then Ken, you can talk a little bit more about the mix issues in Q2.

Ken Miller

Yeah. So as Rami mentioned, it really was a bit of a shortfall sequentially in our on-box Junos Space to perpetual licenses. These really are various features and functions of services that provide within our Junos operating system. And there is some timing of refract that's difficult to predict here. Some of it is on customer buying behaviors, whether or not some customers might buy the lowest base level operating system software at time of purchase with an upgrade to maybe an advance or premium license later. There's also some true-ups between hardware and software that happens periodically.

So the timing of this recognition, it's all perpetual software, it's all recognized immediately, but the timing could vary based on what they buy and when they choose to buy it. So that's really what we're seeing here. Overall our software business continues to perform quite well. I think we're ahead of the targets we set for ourself a year and a half ago with the Investor Day both from an overall software perspective, as well as our ARR target. So I feel very good about our software transformation and moving forward, I expect us to continue to have a very strong software story.

Unidentified Analyst

Got it. And then just as a follow-up, I know last quarter, I think more of the narrative around margins was on a higher mix of missed access points, a lower mix of MX shipments, obviously components drove that mix shift, but can you talk about how MX did this quarter, how you did with access points, did the mix of those pieces go up or down in Q2? Thanks.

Rami Rahim

Yeah, so MX actually went up, so our hardware mix on the routing side and automated WAN side was up, that said some of these perpetual software licenses that I was mentioning before actually were attributed up to our automated WAN solutions. So the software mix with automated WAN was down a bit, some of these perpetual licenses that we've talked about, but overall the hardware mix was up. But it wasn't at the expense of access points. We continued to sell a lot of access points as well. You saw the results in IDE up 17%, so really strength in both the MX/automated-WAN business, as well as our IDE business.

Unidentified Analyst

Got it. Okay, thank you.

Rami Rahim



Okay. The next question is coming from David Vod with UBS. Your line is live.

David Vod

Great. Thanks guys for taking my question. So I have sort of two related questions on margins. So I think in the prepared remarks, you noted that supply chain going forward is getting a little bit better. So kind of against that backdrop, if supply chain is improving on the margin sort of quarter-over-quarter, along with revenue that looks like it's going to be well above trend. Why are you not seeing more gross margin leverage in the third quarter, despite the expedited fees, but it sounds like it's getting better? And if expedited fees are about 50% above your prior expectations, does that provide you confidence and a line of sight into potentially a 100 basis points of margin expansion next year, just basically effectively pushing it out by year, what you'd expected for this year as we entered the year? Thanks.

Ken Miller

Yeah. So on the supply getting better, is really kind of a nuanced message I want to make sure is well understood. Access to supply is still highly constrained. Lead times into us are still extremely limited. That said we've taken some action to actually procure more supply. So I think we'll have more supply than we originally expected when we started the year, which is a good thing. So that's an improvement in supply, but it's coming at cost. And that's really the offset here is that we are paying more. We're having to pay more expedite fees. We're going to broker markets and paying several times more than we should be paying for this, for that particular component in the open market.

So it is coming at a cost. So volume is improving but costs are going up is probably the short summary on the supply side. For 2023 on the supply, was it a supply related question as well?

David Vod

Well, I mean, Ken, I think you said, expedited fees came in about above your expectations. So that would translate into a little bit north of $50 million or almost the point of margin. So how does that play into next year?

Ken Miller

Yeah, so I do believe those expedite fees and component costs the $155 million that I referenced is transitory and exactly the timeframe is difficult to predict, but I do believe if you go out, I don't know, a couple of two, three years you'll see the majority, if not all of those costs go away. However, the timing, how many – the expedite fees we're paying, the elevator freight we're paying it's hard to predict exactly what we're going to start to see that normalize. I do think we should see some benefit in 2023, but I'm not ready to quantify how much.

David Vod

Great, thanks guys.


All right. The next question is coming from Simon Leopold with Raymond James. Simon, your line is live.

Simon Leopold

Thanks for taking the question. I want to see if you could describe within your backlog, what do you see happening in terms of the major product categories and your market share? I’m trying to get an understanding of where you’re gaining market share based on your awards versus where you might be?

Rami Rahim

Hey, Simon.

Simon Leopold


Rami Rahim

Sorry. We’re going to interrupt you. Could you repeat the question? We had a little glitch here. So we missed a part of your question and sorry to bother you, but we’re going to need you to repeat it.

Simon Leopold

No problem. You hear me, okay, now?

Rami Rahim

Yes, we can.

Simon Leopold

Okay, great. I wanted to see if you could talk about within your pipeline, your backlog, how you see your market share trends in the major category? So what major verticals or products do you see yourselves gaining share the most and where do you see yourself most vulnerable in the mix? I know we’ve talked a lot about campus as an area where we’ve seen you gaining share. I want to see if you could talk a little bit more broadly about other product categories and just confirm the campus?

Rami Rahim

Yes, I’d be happy to. So I do think the one area where we are most obviously taking share is going to be in the enterprise and more specifically in the client to cloud. So that includes wired, wireless, and increasingly it’s going to include a full stack solution of wired, wireless and SD-WAN because we’re now pretty much integrated our 128 Technology SD-WAN solution into that end-to-end AI driven enterprise capability.

So the numbers speak for themselves, double-digit revenue growth, double-digit order growth and all that. Very, very pleased there. I don’t think that’s the only place where we’re taking share. I do think in terms of 400-gig opportunities now that 400-gig has moved from discussions and PowerPoints into competitive bakeoffs. I do think that we are winning share wherever there is a net new opportunity, be it for our service about our core, where I just talked in my prepared remark about our new win, new data center, cloud WAN opportunities. I do think and time will tell as this translates to actual revenue results and actual share results. I do think this is an area where we’re performing very well and we are taking share.

The last area that I will mention that I think is going to be an obvious place where we’re going to take share, because we’re really starting from very little is in the Metro. 5G is a real thing. It’s driving fiber build outs by service providers. We are essentially very small players in the Metro because we’ve never really had a complete portfolio and we just announced that complete portfolio and it should essentially come together and be fully in production by the early part of next year. So even in the absence of that solution, we’re seeing a 100 plus percent year-over-year growth in orders for ACX. I think that will only accelerate once we’ve got that complete solution. I’m sure there are other areas where we’re doing very well data center for example, but those the areas that I’d say are top of mind right now in terms of the biggest opportunity for share take.

Simon Leopold

Thanks for taking the questions.

Rami Rahim

My pleasure. Thank you.


Okay. Up next, we have Samik Chatterjee from JPMorgan. Samik, your line is live.

Angela Jin

Hi, this is Angela Jin on for Samik. I don’t – I hate to ask the recession question, but I was curious how would each vertical respond in the event of a macro slowdown and what are the areas of a portfolio that you think are more resilient to a slowdown versus more aligned to cyclical trends?

Rami Rahim

Thanks Angela for the question. I’ll start, first, I think it’s a hypothetical question, because I said, I think order strength remains very high. We don’t see any obvious indicators that there is going to be macro headwinds, but of course it’s our job to stay very vigilant and to just make sure that we’re looking for any early warning indicators.

In terms of what one would expect would be with the other challenging areas, service providers and cloud providers tend to have very strategic long-term projects. And for that reason, I would expect that they would be more macro resilient.

But even in the enterprise where I would say that most people would expect that there might be the biggest risks if there were macro headwinds, there what we have going for us, as I mentioned earlier is we have massive TAMs, total addressable markets, 30 plus billions – billion dollars across our client to cloud and data center. We’re relatively small player with small share, a very differentiated solution and plenty of room to grow even if there are in fact macro headwinds that affect that TAM. And I think part of the results we’re posting are a little bit of a proof point for that.


Okay. The next question is coming from Aaron Rakers with Wells Fargo. Aaron, your line is live.

Aaron Rakers

Yes. Thanks for taking the question. I hate to do this, but I want to go back to the backlog a little bit. You mentioned in the prepared remarks, I know you disclosed it in the past that you had implemented some price increases back, I think you said in 2Q of 2021. It sounds like you're going to implement some more actions here going forward. I'm just curious considering the significant amount of backlog that's likely been built over the past year let alone the $500 million through the first half or a $550 million through the first half the year. How do we think about those price actions starting to filter through that backlog and really starting to provide, maybe the positive effect to the gross margin understanding you've got a lot of supply chain dynamics going on?

Rami Rahim

Yes. So it is going to feather in over time. We are seeing more and more benefit each quarter. So Q2 this last quarter we saw more benefit than we saw in Q1. And I expect us to see more benefit here in the second half from the pricing actions. The actions we're about ready to take, we really aren't going to start to play until probably FY 2023, given the backlog. And again, I expect that to feather in overtime and be incremental over time as we move into the 2023 quarters.

The unfortunate reality is the benefit we're seeing is getting more than offset by the cost, right? When we put the actions in place, we had some assumptions on the incremental costs, the expedite fees, great costs, et cetera, and we undershot – we overshot I should say or the cost overshot those expectations. So we are seeing some benefit. There is more of the pricing benefit in the backlog yet to come, that's going to continue to help us in the future quarters. But at this point we just don't see that help enough to really keep the margin range where we started the year at 58 to 60.

Aaron Rakers

Yes. And as – and just as a quick follow-up question on the continued traction that you're seeing in 400-gig, I know this quarter you had mentioned 80, I think last quarter you had mentioned 70 design wins. I'm curious if you were just asked like what inning do you think we're at in terms of kind of really volume deployments across those 80 design wins for 400-gig at this point? And when do you think actually we're halfway through those deployments, just kind of thinking about the trajectory of those 400-gig wins?

Rami Rahim

Yes. It's a good question. First, I want to just clarify. The 80 or so wins are data center 400-gig wins, we've actually we're now seeing close to accumulative 400 wins across data center and wide area in service provider and in the cloud provider segments. In terms of where we are, I mean, if you looked at port mix between 100-gig and 400-gig, both in terms of orders and shipments, it's still at early innings for 400-gig. There are a lot more networks that are going to be built out with 400-gig. So we viewed these sorts of network interface happen once every several years, maybe four or five years or so. We're now at the beginning stages of one of those inflections and that's good for our industry, certainly good for Juniper.

Aaron Rakers

Yes. Thank you.

Rami Rahim

My pleasure.


Okay. Next we have Meta Marshall with Morgan Stanley. Meta, your line is live.

Meta Marshall

Great. Thanks. Maybe following up on the answer to George's question, you mentioned kind of some uncertainty on what addition might be elected in terms of kind of where the perpetual revenue comes in for software. I was just trying to get a sense of some of that volatility more – more pronounced this quarter just because of the amount of kind of cloud customers that you're servicing or just trying to get some insight into what is causing that volatility? And then maybe just as a follow-up question; just is this kind of quarter where you would consider inventory peaking, or do you still think that you'll be in an inventory kind of accumulation period for the kind of foreseeable future? Thanks.

Rami Rahim

Yes. So on the software volatility, we did, I mentioned buying patterns vary and the reality is in Q4 of last year and Q1 of this year, we saw some of those above normal buying patterns where customers were either doing true-ops or maybe upgrading their software system from a base level to a more advanced or premium level. So we did see some of the, kind of the high water marks of that volatility in the past few quarters. In Q2, I think we saw a little bit more of a normal kind of hardware to software attach, and at this point I'm expecting the rest of the year to be largely similar to Q2. That said customers could surprise me and might upgrade their software stack here in the futures and will obviously be available for that when – if they decide to do that.

So it's difficult to predict. I wouldn't call it out as any sort of customer pattern. It's really just more about timing of when they purchase perpetual software. And we had a couple quarters of highs and now I think we're back to kind of a normal from a perpetual perspective, as Rami mentioned, our subscription software, our SaaS software is growing well beyond normal, right. We continue to grow at extremely high levels on that part of our software portfolio.

From an inventory perspective, I don't think we've seen the end of the inventory built. You know, we are still, if you look at our, open purchase orders we are absolutely putting a demand signal out there that supports what we think is our demand opportunity. And that's a, that's going to result in more inventory, what's happening out there is you're, we are definitely seeing constrained in certain parts, but there's other parts of the bill of material that are not constrained. And that's really the part of the inventory that's building up, as we start to get some of the more critical parts, we'll be able to ship, our backlog and we'll see the inventory level start to go down.

So I don't think inventory's going to start to, decline until we start to see supply chains really Improve and backlog levels start to come down.

Jess Lubert

Operator, we'll take two more questions.


Okay. The next is coming from Sami Badri with Juniper. Your line is live.

Sami Badri

Hi, thank you. First question is, if we were just to take the percentage of revenues in 2022, that reflect the price increase actions, what percentage of those revenues are coming through, and what is the objective of 2023, will 2023 reflect all price action increases and maybe just like a percentage mix of 2022?

Rami Rahim

Yes. I'm sorry, Sami but that's not a level of detail I'm prepared to comment on, on this call. I'll say that, I would expect it to normalize by, call of four quarters out. So by the late this year, we should see some normalization from the action we took last year. But as far as the percentage of total revenue, I'm not prepared to comment on at this call.


Okay. Next we have Tal Liani with Bank of America. Tal, your line is live.

Tal Liani

Hey, guys I want to go back to your 2023 guidance. It, I tried to look at it multiple ways and it looks to me either that you're banking or you're assuming very steep decline in revenues, in certain areas or that you're just very, very conservative. In the four quarters of this year, your growing revenues, the low is 8.3. The high is 13.5, so there is substantial growth this year. And next year we should see some of the backlog released, being released. So 5% looks, looks weak versus what we're seeing this year.

And then also, if I just look at your enterprise growth, this year substantial growth, it's about 35% of your revenues plus that alone contributes 4% of revenues provide or take next year. So what are your assumptions when you say 5% or better, the 5% mark, which I understand it's going to be better? What are your assumptions about the telecom market about the cloud market? When you project 5% or more, are you assuming end of projects, are you assuming declines or what are basically your basic assumptions in saying 5%?

Rami Rahim

Let me start, I think the key here is that we didn't say it's 5%. We said, it's, at least 5%, or at least mid single digits. If in fact the markets play out, as we expect, and there aren't any major sort of challenges macro wise. Yes, the opportunity is absolutely there for us, not just to meet, but to exceed that's bar that we are setting for ourselves. It's just a little early right now. I don't think we typically provide color on the next year in this timeframe, but we thought we'd start at this point in time. And yes, I mean, I've talked quite a bit, even on this call alone about some of the catalysts around 5G clarification efforts, 400 gig enterprise. Yes. I mean, I think these are all catalysts that can provide us the opportunity to exceed that outlook.

Ken Miller

And I would just comment, its demand is not the primary driver of our revenue outlook for 2023. That given the backlog, given the strength, we seeing the momentum we have, all the things Rami has mentioned demand would definitely imply, a higher level than a, mid at least mid single digits. It's really a supply, a constrained view at this point. And the good news is we see the supply, constraints being lessened. We expect volume to improve, which is why we thought giving you a number greater than what you had historically, which was at least low single digits with the prudent thing to do at this point.

Jess Lubert

Thank you, Operator. That's all the questions we have. That concludes today's call.


Thank you, ladies and gentlemen. This does conclude today's conference call. You may disconnect your phone lines at this time and have a wonderful day. Thank you for your participation.

Tue, 26 Jul 2022 20:47:00 -0500 en text/html https://seekingalpha.com/article/4526114-juniper-networks-incs-jnpr-ceo-rami-rahim-on-q2-2022-results-earnings-call-transcript
Killexams : Juniper Wellness

"No matter how much I achieve, I never feel good enough. I can see unhealthy patterns in my relationships, but I don't know how to change. Life is changing quickly and I don't know how to cope." Sound familiar? Juniper Wellness specializes in supporting people with stress, perfectionism, relationships, life and career direction, plus the daunting task of 'figuring it all out'. Therapy can create space for confidence, clarity, self-worth, and genuine fulfillment.

Our therapists have a knack for gentle, curious questions leading to profound realizations and meaningful change. At Juniper, our therapists use an anti-oppressive, feminist approach and combine their clinical skills with authenticity, empathy - plus a healthy dose of humour! Our therapists have diverse lived experiences and identities to serve you better.

We make it easy to find the right therapist. Book a free 10-minute consultation. Our Clinic Director, Mira, will match you to a therapist who would be a great fit, based on your preferences and needs.

Sun, 31 Jul 2022 12:55:00 -0500 en-CA text/html https://www.psychologytoday.com/ca/therapists/juniper-wellness-toronto-on/468752
Killexams : Understanding the complexites of local food through art

Increasing concerns surrounding climate change, food chain supply shortages and other struggles have made locally grown food a hot topic.

“How do we create a robust food system, especially on an island where if the ferry stops running we only have so much food for so long because so much of our food is now imported,” Lopez artist Nikyta Palmisani told the crowd July 15, during her presentation at Alchemy Arts Center.

To better understand the complexities of locally grown food systems, Lopez artists Palmisani, Juniper Blomberg, Oxford researcher Anya Gleizer and Trinity College Dublin Ireland researcher Pablo Fernández Velasco joined together to look at the boundaries one encounters while attempting to eat locally. The group shared their work and experiences with the public July 15.

“There is a serendipitous aspect to the project,” Fernandez told the Journal. ”Anya and I tested positive for Covid right after arriving at Lopez… We spent much of our stay isolated.” As a result, the two were only able to explore Lopez through Palmisani and Blomberg’s storytelling, photos and artistic reactions, and the local food they ate.

“Anya created a series of paintings of the places hinted at in these communications, which resulted in a psychogeographic map of Lopez with moss connecting the nodes and forming our own imaginary Lopez. ” Fernandez said. “In a way, the isolation made it possible to create this map that emerged directly out of the effort of eating local food.”

Palmisani works in a variety of art mediums, but for this project she said, she gravitated toward poetry.

“I have loved mixing the media of actually local foods into tangible letters wherein viewers can have an embodied experience in multiple senses as they read the prose and poetry,’ Palmisani said. “Many of my letters have smells, textures and even local soil embedded within them or inside the envelopes made of maps. So there is a tangibility that viewers can participate in.”

She continued that local foods are extremely tangible and sense oriented, and it requires person-to-person contact, a relationship, with growers. The loss of tangibility through agribusiness and industrialized farming has made people incredibly vulnerable.

“We are no longer in connection with the nonhuman world, the breathing ecosystems around us,” Palmisani said.

The Lopez Land Trust conducted a local eating challenge approximately five years ago. As part of the project, these artists took up the challenge once again, with a slight adjustment. They gave themselves leeway and allowed themselves to partake in a small amount of food, ten to 20 percent, grown outside the region.

“We were a huge bread basket, apples, fish were exported,” Palmisani said. “To the Coast Salish, who should always be acknowledged, this was a robust area of food, a land of great opulence and abundance.”

The shift toward westernized food made the county dependent on industrial food systems, Palimsoni continued. “If that gets cut off, so do we. So how do we really think about climate emergency, all different kinds of potential weather events, all different kinds of disruptions of larger systems which all came into play during COVID,” she said. “Suddenly there was this awareness, what happens when supply chains are broken.”

Lopez, Gleizer told participants, has been working to address the issue and build resilience for decades.

“This kind of living has to be built from the bottom up. What I mean is that it is not going to come from above, from policymakers. It is going to come from those who are studying the local food systems and learning how to address those questions. The local knowledge is no longer there,” Gleizer said, adding it was clear during the pandemic, people were not aware where their food even came from, and what to use if toilet paper ran out. On Lopez, and throughout the county, however, there are systems in place.

“I had never heard of a place so geared toward this,” Gleizer said. All of the artists gave a shout-out to those who worked diligently to create those infrastructures, saying they were standing on the shoulders of giants.

The artists still faced challenges eating locally. The group needed to get creative to eat diverse foods every day.

Because Blomberg comes from a family of farmers, she told the audience that she thought eating locally would be fairly easy.

“I found out it was a lot more challenging. I wanted to do the project and was super excited about it, but I also really wanted to eat chocolate, right now,” Blomberg laughed. “So I ended up breaking the rules more than I thought.”

Blomberg still encouraged others to try the challenge.

“I feel like we have this window of time where we can either switch and push our comfort level, but support our community-based systems, or we can keep going and be in trouble in a little while,” she said.

When asked about the metrics of sustainability, and how to gauge how sustainable a thing is, Blomberg, replied, “I was raised with the value of leaving a place better than when you found it… I measure sustainability by the impact that I have.”

She gave the example of buying flowers for someone, that perhaps was not sustainable, however, the joy the flowers brought the recipient perhaps was worth more by the continuation of joy those flowers spread.

“It is important not to be so linear. We try to codify things so much under patriarchy and Christianity. So maybe I ate a hotdog today that came from the other side of the world. But maybe it gave me the energy to be more generous with my neighbors,” Blomberg said.

To listen to the recording of the presentation visit https://nikytapalmisani.wordpress.com. Check for a slideshow of the event in the coming days.

Contributed photo by Nikyta Palmisani

Contributed photo by Nikyta Palmisani

Contributed photo by Nikyta Palmisani

Contributed photo by Nikyta Palmisani

Thu, 04 Aug 2022 20:30:00 -0500 en-US text/html https://www.sanjuanjournal.com/life/understanding-the-complexites-of-local-food-through-art/
Killexams : Juniper: Q2 Earnings Snapshot

SUNNYVALE, Calif. (AP) _ Juniper Networks Inc. (JNPR) on Tuesday reported second-quarter profit of $113.4 million.

The Sunnyvale, California-based company said it had profit of 35 cents per share. Earnings, adjusted for one-time gains and costs, were 42 cents per share.

The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share.

The computer network equipment maker posted revenue of $1.27 billion in the period, which beat Street forecasts. Seven analysts surveyed by Zacks expected $1.26 billion.

For the current quarter ending in October, Juniper expects its per-share earnings to range from 45 cents to 55 cents.

The company said it expects revenue in the range of $1.3 billion to $1.4 billion for the fiscal third quarter. Analysts surveyed by Zacks had expected revenue of $1.3 billion.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JNPR at https://www.zacks.com/ap/JNPR

Tue, 26 Jul 2022 08:29:00 -0500 en text/html https://apnews.com/article/california-earnings-juniper-networks-inc-1c4f70435575107489f3d00f2bb1b353
Killexams : Juniper benefits from Charlotte Rampling's layered performance as a grandmother grappling with mortality

Juniper is a drama with black comic edges about a fragmented family, and the unexpectedly life-affirming influence of its particularly tetchy matriarch. In the lead role is Charlotte Rampling, an actor blessed with an epically scornful side eye capable of withering a vase of flowers from across a room.

The film relies in no small degree on Rampling's ability to deliver intensity from small gestures, because for most of the time she's nearly immobile, rendered almost inert by a broken leg and a mysterious underlying health condition, while her temper is inflamed by copious amounts of gin served to her in large glass jugs.

The first feature from New Zealand writer-director Matthew J Saville (not to be confused with the Australian filmmaker Matt Saville), Juniper plays on the conventions of movies about families thrust together in trying circumstances, who learn to get over their differences only after some excruciating trial and error.

Saville and Rampling worked on revising the script for three days after their first meeting in Paris. Two weeks later, Rampling officially accepted the role.(Supplied: Transmission)

In particular, it's about a cross-generational connection between Ruth and her grandson Sam (George Ferrier), a suicidal teen who attends a nearby private school and has never recovered from the death of his mother.

Sam's athletic good looks and crown of golden hair provide off the aura of a confident private-school jock, but this is a film where appearances deceive, and Sam is troubled in his privilege — while Ruth, in turn, is the unlikely figure to pull him out of his malaise.

Set in the 90s, the film unfolds in a grand, if unkempt house somewhere green and leafy in New Zealand. This family is wealthy, clearly, and when Ruth arrives from her home in England after a considerable absence and in failing health, it initially appears like she might be the direct link to a moneyed bloodline in the Old Country.

"Juniper is a very personal story based on my experiences as a teenager," Saville writes in his director's statement.(Supplied: Transmission)

Ruth has an unconventional past, as a war correspondent who once travelled the globe witnessing some of the best and worst of humanity. The experience scarred her, we will learn, but it also earned her valuable wisdom.

Her drinking, as well as her bullying, seem to be a manifestation of some sort of PTSD, long left simmering and unaddressed. Her grandson, who is left to help look after her while his father (an excellent but mostly off-screen Marton Csokas) is called away to England, becomes the chief target of her rancour.

The two are destined to become unlikely friends, but it takes time. As often occurs in scripts about grumpy old people and their influence on teenagers with their lives ahead of them, Ruth's abrasiveness serves a purpose, even if it's not initially clear.

Hal Ashby's 1971 absurdist black comedy Harold and Maude dealt with some of these cross-generational currents — including teen depression — with a little more imagination and less predictability. It would have been nice if Saville's film didn't conform quite so obediently to the redemptive notes of its final act.

The role of Ruth was inspired by Saville's grandmother, Moccy, who he described in The Spinoff as an "intelligent, funny, and at times brutal" woman.(Supplied: Transmission)

But Rampling makes it worth watching, even if you sense where it's all heading. The role recalls her performance in another predominantly housebound film, Francois Ozon's 2003 mystery Swimming Pool, where she played an irritable British author trying to write her next novel, clashing with the young, feisty daughter of her French publisher.

Saville doesn't opt for any of that film's dreamy Hitchcockian intrigue, but he does exploit the house's rambling grandness, with its shadowy rooms and thresholds that offer views onto the verdant, slightly Gothic New Zealand countryside.

Downbeat indie rock and subtle zoom lenses help build an atmosphere of melancholy and cloistered tension, which extends to glimpses of Sam's posh high school with its dark hallways and neurotic orderliness.

Saville succeeds in creating an emotional authenticity to Ruth and Sam's difficult relationship, too, although it's a pity he doesn't linger in their mutually distrustful stage for longer.

As Rampling guides the film into its eventual emotional thaw, along the way she displays a range that occasionally surprises — in one especially poignant scene dragging herself ungracefully across the floor to get to a jug of booze.

Rampling is one of the great actors of her generation who remains a vital presence in anything she does. Quintessentially English but inexorably linked to European cinema (she's lived and worked in France for decades) she possesses a sharpness and nuance that have never deserted her through the various stages of her career.

"The film is unsentimental … which is what I liked about it. I don't like sentimentality," Rampling told The Australian.(Supplied: Transmission)

After starting out as a model, she had her first roles in English movies during the swinging 60s before moving to the continent, becoming synonymous with the 70s peak of European auteur cinema in films such as Visconti's The Damned and Liliana Cavani's The Night Porter.

Her work ethic and versatility have underwritten a prolific career since, and despite her professional Eurocentrism, she gained an Academy Award nomination for the 2015 drama 45 Years, and is continuing her role in the Hollywood behemoth Dune (part two releases next year), where she brings a welcome gravitas.

At the centre of this modest, likeable New Zealand drama, she emanates a rich, layered sense of character. If you consider that Saville barely gives the audience much more than a few mocked up photos from Ruth's past, and just a couple of backstory anecdotes, it's a tribute to Rampling's subtly embodied acting that the character emerges so fully formed.

As shadows of regret and anger in her performance provide way to warmer accents of love and kindness, not to mention a rascally appetite for fun, she makes the film's slightly worn conceit believable, and even inspires a lingering fondness.

Juniper is in cinemas now.


Wed, 03 Aug 2022 08:40:00 -0500 en-AU text/html https://www.abc.net.au/news/2022-08-04/juniper-review-charlotte-rampling-new-zealand-indie-film/101292046
Killexams : Frasers Property Australia Selects Juniper Networks to Simplify Connectivity and Enhance End-User Experience Across Diverse Operations Nationwide SYDNEY

Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that Frasers Property Australia and Frasers Property Industrial in Australia, one of Australia’s leading diversified property groups and an Australian divisions of the multi-national Frasers Property Limited, has selected Juniper Networks to upgrade its network infrastructure, enhancing business agility and IT efficiency across Australia. With a modern, AI-driven network, Frasers Property Australia has increased customer satisfaction and loyalty while reducing the time to implement network changes from an average of six weeks to five minutes.

Frasers Property in Australia recognized the need to adopt an AI-driven network solution that can deploy connectivity rapidly at any location, while delivering a superior network experience. Apart from its residential, commercial, industrial and retail properties, the company often develops in greenfield1 construction sites without network infrastructures. Its previous cloud-managed Wi-Fi could no longer meet their needs for secure and reliable connectivity. Juniper Networks’ AI-driven solutions were selected to streamline IT operations and provide a consistent network experience, whether employees are in the head office or at a remote construction site.

With the rollout of Juniper’s AI-driven network across 35 residential and commercial properties, Frasers Property Australia can streamline operations and enable its IT team to deploy more technology with the same level of resources, while automating key network tasks, eliminating network downtime and delivering a better user experience. Earlier this year, the company’s world-leading, award-winning retail center, Burwood Brickworks, was recently recognized as the world’s most sustainable shopping center – as the first retail center in the world to attempt, and achieve, Living Building Challenge® Petal Certification – all while giving visitors and tenants a superior Wi-Fi experience powered by Juniper.

News Highlights:

  • Juniper Networks QFX Series Switches provide a flexible enterprise network fabric that seamlessly connects all its properties, headquarters, sales offices, construction sites and data centers, delivering an efficient and scalable way to support its expanding operations.
  • Juniper Networks SRX Series Services Gateways coupled with Junos Space Security Director manages security policies on-premises and in the cloud, enabling network traffic to be secure while safeguarding tenants, staff and visitors against cyber threats.
  • Juniper Wireless Access Points, in concert with the Juniper Mist Wired Assurance and Marvis Virtual Network Assistant cloud services, enable Frasers Property to deliver superior user experiences, while simplifying and automating IT operations allowing the IT team to respond to and resolve network issues quickly across geographically-vast sites.
  • Looking ahead, Frasers Property is desparate to explore how Juniper Mist User Engagement can deliver marketing insights at its retail centers by leveraging the virtual Bluetooth LE technology built into the Access Points they have already deployed.

Supporting Quotes:

“The experience working with Juniper Networks has been transformative. At Frasers Property in Australia, we believe that life's best experiences are created by people connecting in memorable places, and with an AI-driven network we can make good on our promise. Juniper has brought the simplicity and speed of AI-driven operations and actions to our campus and branch networks, delivering superior and secure connectivity to end-users. We look forward to continue leveraging Juniper Mist AI to optimize user experiences and discover new ways to engage with visitors.”
- Prabhat Govind, IT Operations and Technology Manager, Frasers Property

“We are honored to be chosen by a real estate powerhouse to bring to fruition our vision of experience-first networking across its residential and commercial properties. With an AI-driven network by Juniper, we are confident that Frasers Property in Australia has the foundation to continue delivering secure, high-performance connectivity to end-users, while supporting the company’s future growth plans across the country. We are committed to strengthening our partnership with Frasers Property Australia and will continue to work closely to accelerate their journey towards a self-driving network infrastructure.”
- Bruce Bennie, VP &amp; GM, ANZ, Juniper Networks

Additional Resources:

About Juniper Networks

Juniper Networks is dedicated to dramatically simplifying network operations and driving superior experiences for end users. Our solutions deliver industry-leading insight, automation, security and AI to drive real business results. We believe that powering connections will bring us closer together while empowering us all to solve the world’s greatest challenges of well-being, sustainability and equality. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on Twitter, LinkedIn and Facebook.

Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.


1 Denoting or relating to previously undeveloped sites for commercial development.

Satheeson Paramason
Juniper Networks 
+65 6511 3595

© Business Wire, Inc.

This press release is not a document produced by AFP. AFP shall not bear responsibility for its content. In case you have any questions about this press release, please refer to the contact person/entity mentioned in the text of the press release.

Sun, 31 Jul 2022 15:15:00 -0500 en text/html https://www.afp.com/en/news/1312/frasers-property-australia-selects-juniper-networks-simplify-connectivity-and-enhance-end-user-experience-across-diverse-operations-nationwide-202207310050061
JN0-104 exam dump and training guide direct download
Training Exams List