Juniper Networks reported fourth quarter revenue of $595.8 million, compared with $575.5 million for the same quarter last year. Revenue for the fiscal year was $2.3 billion, compared with $2 billion for the same period last year.
The good news was undermined by Juniper’s failure – for the third straight quarter – to provide a full earnings report. The company is wrestling with the same back-dated stock-options scandal afflicting nearly 200 other companies, although Juniper’s problem is looking a bit more intractable than many others. The company warned it expects to take a $900 million write-off to settle its finances.
Separately, Juniper announced it was selected by BT to provide M- and J-series routers and security solutions for the U.K.’s Defence Fixed Telecommunications Service (DFTS) project.
Connecting more than 240,000 users at over 1,500 sites across the U.K. and overseas, DFTS has consolidated all existing defense networks to deliver unified voice, data, LAN interconnectivity and WAN services for the Royal Navy, British Army, the Royal Air Force and MoD Centre. The new network is now live.
