(Corrects paragraph 2 to say revenue rose 7 percent, not 9
percent, from a year earlier)
July 23 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
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)