Juniper Networks (NYSE: JNPR) reported earnings on April 23. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Juniper Networks met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew slightly. Non-GAAP earnings per share grew significantly. GAAP earnings per share grew significantly.

Margins increased across the board.

Revenue details
Juniper Networks logged revenue of $1.06 billion. The 32 analysts polled by S&P Capital IQ looked for revenue of $1.06 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.24. The 34 earnings estimates compiled by S&P Capital IQ predicted $0.22 per share. Non-GAAP EPS of $0.24 for Q1 were 50% higher than the prior-year quarter's $0.16 per share. GAAP EPS of $0.18 for Q1 were 500% higher than the prior-year quarter's $0.03 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 63.3%, 190 basis points better than the prior-year quarter. Operating margin was 9.9%, 500 basis points better than the prior-year quarter. Net margin was 8.6%, 700 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $1.11 billion. On the bottom line, the average EPS estimate is $0.26.

Next year's average estimate for revenue is $4.59 billion. The average EPS estimate is $1.16.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 619 members out of 724 rating the stock outperform, and 105 members rating it underperform. Among 144 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 118 give Juniper Networks a green thumbs-up, and 26 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Juniper Networks is hold, with an average price target of $21.68.

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