Juniper Networks are too top heavy, relying heavily on revenue from over inflated support contracts, emperors new clothes smoke and mirrors around MIST, a lethargic DEI C suite and all wrapped up in products that are so old they have whiskers! At $14bn, HPE are paying double what Juniper is worth today, and I am guessing that they will start to reconsider!
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No surprise at all, all smoke and mirrors behind the fact the company has been slowly dying fyyesrs
Services was probably up because they laid off a lot of Services employees. I was one of them and wasn't the only one let go from my team. The rest of our remaining colleagues were handed our accounts. Fewer people to do the same amount of work equals revenue. Talking to some of them, they are feeling the pressure from so many accounts.
Oh boy, that is such a red flag that Sevices was the only segment that was up. Product revenue is what drives future services revenue.
What is highlighted to WS is nort necessarily what happens. Traditional product revenue is coming back, but it is permissible to share under other revenue sources given new sales models.
Agree, top heavy. Hide bound and DEA distracts from the technology and the sales. But maybe the merger with HPE, which suffers from the same basic issues, is how the can clean both houses. I hope that is the goal.