Juniper Networks is no stranger to being in CRN's other weekly slideshow, as the company's many executive changes led to many rough weeks in 2013. But the networking vendor had a great day Thursday, as it reported strong fourth-quarter earnings.
Juniper reported revenue of $1.27 billion, up 12 percent compared with the same quarter last year. Net income increased 59 percent to $151.8 million.
For 2013, Juniper's revenue was up 7 percent to $4.7 billion compared with 2012. Net income for 2013 was $439.8 million, up a massive 136 percent from 2012.
"We are building up a strong base," said new Juniper CEO Shaygan Kheradpir during a conference call with analysts Thursday. "We delivered record revenue this quarter, good growth on a year-over-year basis and a strong book-to-bill. I continue to see substantial opportunities for Juniper to grow and deliver value."