Juniper Networks Inc (NYSE:JNPR)
$ 35.92 -0.15 (-0.42%) Market Cap: 11.89 Bil Enterprise Value: 12.42 Bil PE Ratio: 47.39 PB Ratio: 2.56 GF Score: 75/100

Juniper Networks Inc at Bank of America Global Technology Conference (Virtual) Transcript

Jun 08, 2021 / 05:00PM GMT
Release Date Price: $28.58 (+2.18%)
Tal Liani
BofA Securities, Research Division - MD and Head of Technology Supersector

Hi. Thanks very much for joining us for the after-lunch session, whoever is in New York area. Today, we're hosting Kevin Hutchins, SVP of Strategy and Corporate Development, to speak about Juniper.

I prepared a list of questions. And as always, if you have any question, if you want me to ask your question, please just access the Veracast website and add your questions to the list over there.

So with no further ado, I want to welcome Kevin to our conference, and I want to start with the first question, which is basically on the routing just because it's the biggest segment of all.

Questions & Answers

Tal Liani
BofA Securities, Research Division - MD and Head of Technology Supersector

In the first quarter, there was growth of 7.7%. It was the highest growth since you began the MX transition in 2017. You also raised their organic revenue growth expectations to 3% to 4% in 2021.

So can you discuss the merits for the strengths that we're

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