CORRECTED-Juniper reports higher quarterly profit

Tue Jul 23, 2013 4:46pm EDT

(Corrects paragraph 2 to say revenue rose 7 percent, not 9 percent, from a year earlier)

July 23 (Reuters) - Network gear maker Juniper Networks Inc reported a 70 percent rise in quarterly profit as spending by telecom service providers recovered from a lull last year.

Net income rose to $98 million, or 19 cents per share, in the second quarter, from $57.7 million, or 11 cents per share, a year earlier. Revenue rose 7 percent to $1.15 billion.

Excluding items, the company earned 29 cents per share.

Juniper supplies routers and switches to telecom companies such as Verizon Communications Inc and AT&T Inc. (Reporting by Neha Alawadhi in Bangalore; Editing by Ted Kerr)

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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