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Juniper Networks, Inc. JNPR mentioned combined fourth-quarter 2018 outcomes, wherein the bottom line beat the Zacks Consensus Estimate however the suitable line overlooked the equal. The laptop community equipment maker’s financial performance became above all driven by way of income boom in commercial enterprise enterprise, lessen in complete can charge of revenues and salary tax benefit.
On a GAAP foundation, web salary multiplied to $192.2 million or 55 cents per share from internet lack of $148.1 million or loss of 40 cents per share in the year-past quarter, basically as a result of lessen working fees and revenue tax improvement. For 2018, GAAP net salary multiplied 85.1% year over 12 months to $566.9 million due to better income tax provision in 2017.
Non-GAAP net profits for the reported quarter changed into $205.7 million or fifty nine cents per share in comparison with $199.4 million or 53 cents per share a yr ago. The 12 months-over-12 months boost changed into basically because of suit gross margin, endured can charge control and a decrease tax expense. The final analysis beat the Zacks Consensus Estimate by means of 2 cents.
Juniper Networks, Inc. price, Consensus and EPS surprise
Juniper Networks, Inc. price, Consensus and EPS shock | Juniper Networks, Inc. Quote
Quarterly total net revenues had been $1,181 million compared with $1,239.5 million in the prior-year quarter. This became basically as a result of weakness with several of the company’s cloud and repair issuer valued clientele, which greater than offset solid momentum in its business company. The correct line lagged the Zacks Consensus Estimate of $1,229 million. For 2018, complete net revenues decreased 7.6% year over 12 months to $4,647.5 million.
Product revenues (comprising Routing, Switching and safety, and accounting for 65.eight% of complete web revenues) for the quarter reduced 6.5% year over 12 months to $776.7 million because of decrease routing and switching organizations. service revenues (accounting for 34.2% of total net revenues) have been down 1.2% to $404.three million due to the have an impact on of the adoption of ASC 606.
with the aid of vertical, net revenues from Cloud company declined eight.3% 12 months over 12 months to $237.5 million because of slower-than-anticipated pace of deployments. net revenues from service company business were down 14.9% to $516.four million, basically because of the weakness in Americas, partly offset via energy in EMEA (Europe, core East, and Africa). internet revenues from enterprise business climbed to $427.1 million from $373.4 million pushed by using energy across all geographies and technologies.
Geographically, net revenues elevated to $344 million from $324.5 million in EMEA supported with the aid of match efficiency in business company. Quarterly revenues in the Americas decreased 10% 12 months over yr to $634.eight million due to decline in provider company and Cloud business. For Asia Pacific, internet revenues lowered three.four% to $202.2 million.
different Quarter details
total can charge of revenues declined from $488.3 million to $470.1 million. Gross income came in at $710.9 million in comparison with $751.2 million in the yr-in the past quarter, essentially because of reduce revenues. working profits become $196.eight million compared with $202.7 million. Non-GAAP working revenue diminished to $248.7 million from $280.8 million, with margin of 21.1% and 22.7%, respectively.
money stream and Liquidity
For full-yr 2018, Juniper generated $861.1 million of cash from operations in comparison with $1,259.three million in the prior-12 months duration. As of Dec 31, 2018, the business had $2,489 million of money and money equivalents with $1,789.1 million of long-time period debt in comparison with the respective tallies of $2,006.5 million and $2,136.three million a 12 months in the past.
Concurrent with the outcomes, Juniper announced a diffusion of its capital return plan. The enterprise’s board of directors has declared an increase in quarterly money dividend to 19 cents per share, payable Mar 22 to shareholders of list as on Mar 1. This displays a rise of round 6% from outdated quarterly dividends. moreover, Juniper plans to enter into an approximately $300 million accelerated share repurchase application as part of its $2 billion authorized share repurchase approval in January 2018. The enterprise goals to create shareholder value and is still committed to come back seventy five% of its free money stream to shareholders in 2019.
Juniper has provided its tips for first-quarter 2019. The business expects smooth demand to continue in its cloud company. It expects non-GAAP gross margins towards the low-conclusion of long-term model as a result of lower profits, product mix and the affect of China tariffs. The business expects revenues of about $980 million (+/- $30 million). Non-GAAP gross margin is projected to be around 58.5% (+/- 1%). Non-GAAP working charges are expected to be basically $485 million (+/- $5 million). The company expects non-GAAP working margin to be around 9% at the midpoint of earnings counsel. Non-GAAP net salary is expected to be approximately 20 cents per share (+/- three cents), assuming a share count of practically 349 million.
For 2019, Juniper expects a non-GAAP tax cost to be well-nigh flat in comparison with 2018 (+/- 1%). Non-GAAP income per share are anticipated to be between $1.75 and $1.eighty five.
despite some brief-time period challenges, primarily in the cloud vertical and dangers linked with partial U.S. federal government shutdown and geopolitical uncertainty, Juniper expects encouraging trends in most areas of its business that augur smartly for its long-term growth.
furthermore, Juniper has made large alterations to its go-to-market structure to more suitable align its income techniques to each and every of its core customer verticals. it is on the verge of introducing a couple of new products over the following couple of quarters, which might be anticipated to extra make stronger its competitive position throughout service company, cloud and commercial enterprise market. choices include new MX line card on the way to fortify its capability to capitalize on carrier 5G initiatives, new 400 gig platform so as to enrich its potential to seize facts centric footprint mainly in the cloud, and new enhancement to its Contrail enterprise Multicloud platform for you to support its mid to huge commercial enterprise purchasers transition to a multicloud world with improved simplicity and reduced cost. it is also planning to introduce new silicon photonics potential with a purpose to doubtless boost its competitive place. It believes the 400 gig upgrade cycle, 5G deployment and business multicloud initiatives hang huge alternatives where it's well-located to benefit over the next several years.
Zacks Rank and shares to consider
Juniper at the moment has a Zacks Rank #3 (dangle). more advantageous-ranked shares in the business include Comtech Telecommunications Corp. CMTL, Ericsson ERIC and PCTEL, Inc. PCTI, every carrying a Zacks Rank #2 (purchase). that you could see the comprehensive listing of today’s Zacks #1 Rank (amazing purchase) stocks here.
Comtech has a protracted-time period profits boom expectation of 5%.
Ericsson currently has a forward P/E (F1) of 21.2x.
PCTEL currently has a ahead P/E (F1) of sixty five.6x.
Zacks' correct 10 stocks for 2019
besides the shares mentioned above, would not you like to know about their 10 choicest buy-and-holds for the yr?
From more than 4,000 businesses coated via the Zacks Rank, these 10 were picked via a system that always beats the market. Even right through 2018 while the market dropped -5.2%, their right 10s have been up neatly into double-digits. And during bullish 2012 – 2017, they soared far above the market's +126.three%, achieving +181.9%.
This yr, the portfolio aspects a participant that thrives on volatility, an AI comer, and a dynamic tech enterprise that helps doctors convey more advantageous patient effects at decrease charges.
See shares these days >>
desire the newest techniques from Zacks funding analysis? nowadays, that you could down load 7 most efficient shares for the subsequent 30 Days. click to get this free record Ericsson (ERIC) : Free inventory analysis file Juniper Networks, Inc. (JNPR) : Free stock analysis record Comtech Telecommunications Corp. (CMTL) : Free stock analysis document workstation-Tel, Inc. (PCTI) : Free inventory analysis record To examine this text on Zacks.com click here.
Debunking the myths of the protection of entry control systems
It’s no longer fabulous that individuals are apprehensive about the safety of more moderen applied sciences, many of which might be a part of the information superhighway of things (IoT). whereas they offer enhanced efficiency and connectivity, some individuals still hesitate. in spite of everything, there seems to be a continuing circulation of news reviews about multinational organizations being breached or hackers taking control of sensible home instruments. both of these scenarios can feel own. no person likes the theory of their information falling into crook palms. And they notably don’t like the notion that a person can, even very nearly, come into their deepest areas. The reality, notwithstanding, is that, if you happen to choose the right expertise and undertake the correct techniques, IoT contraptions are totally comfy. That pointed out, one of the spaces the place they see persisted confusion is round access control techniques (ACS) which are deployed over networks, mainly in the case of mobile entry, smartcards, and digital locks. These applied sciences are sometimes perceived as being less comfortable and therefore more vulnerable to assaults than older ACS methods or gadgets. in the pastime of clearing up any confusion, it's vital to deliver decent, legit advice. With this in intellect, there are some myths available in regards to the protection of ACS that deserve to be debunked. The undeniable fact that these devices communicate with an ACS by way of Bluetooth or close box verbal exchange (NFC) results in probably the most leading myths they come upon myth #1: cellular credentials are not comfy the primary myth they must analyze exists around cellular credentials. mobile credentials enable cardholders to entry secured doors and areas with their mobile contraptions. The proven fact that these devices talk with an ACS by way of Bluetooth or close container verbal exchange (NFC) ends up in one of the most main myths they come upon about the safety of credentialed counsel. there's a persistent belief that Bluetooth is not comfy. In selected, people seem to be concerned that using cellular credentials makes your agency extra liable to skimming attacks. while focusing on the medium of conversation is a crucial consideration when an organisation deploys a cell credentialing gadget, the concerns about Bluetooth omit the mark. Bluetooth and NFC are quite simply channels over which guidance is transmitted. Believing that Bluetooth is not comfy stands out as the identical as suggesting that the information superhighway is not comfortable. In each instances, the protection of your verbal exchange is dependent upon the know-how, protocols, and safeguards they all have in vicinity. So, instead of questioning about Bluetooth or NFC, clients should be concentrated on the protection of the devices themselves. earlier than deploying mobile credentials, ask your dealer (1) how the credential is generated, stored, and secured on the equipment, (2) how the device communicates with the reader, and (three) how the reader securely accesses the credential assistance. if you set up smartcard expertise as part of your ACS, you should definitely opt for the latest technology, akin to MiFARE DesFIRE EV1 or EV2 and HID iCLASS SEOS myth #2: All smartcards are equally secure The question “how at ease are my smartcards?” is a major one. And the answer can depend on the era of the playing cards themselves. for example, while older smartcards like MiFARE classic and HID iCLASS basic present stronger encryption than proxy playing cards and magstripe credentials, they've been compromised. the use of these older applied sciences can make your organization inclined. in consequence, if you deploy smartcard technology as a part of your ACS, make sure to select the latest technology, similar to MiFARE DesFIRE EV1 or EV2 and HID iCLASS SEOS. during this way, you should be retaining your system in addition to your constructions or amenities. Some natural readers and controllers can also pose a major possibility to your organization if they use the Wiegand protocol, which presents no security. whereas you could improve to a extra comfy protocol like OSDP version 2, electronic locks are a really at ease option value on account that. it's also essential to understand that now not all smartcard readers are suitable with all smartcard forms. after they aren't suitable, the built-in safety designed to retain your system secure will not in shape up and you will almost forego safety as your smartcard-reader will no longer read the credentials in any respect. as a substitute, it is going to with ease examine the non-at ease portion—the cardboard Serial quantity (CSN) —of the smartcard it is accessible to everybody. whereas some manufacturers suggest that here's an expertise as a result of their readers can work with any smartcard, the actuality is that they don't seem to be reading from the secure a part of the card, which could put your device and premises in danger. the use of digital locks can support give protection to amenities and networks through a lot of safety protocols, together with encryption and authentication myth #three: electronic locks are extra susceptible this present day, there are nevertheless many who accept as true with that digital locks, notably instant locks, are greater liable to cybercriminal endeavor as compared to natural readers and controllers. The challenge here is that electronic locks can enable cybercriminals to both entry your network to get statistics and intercept commands from the gateway or nodes over the air that might permit them entry to your structures or amenities. The truth is that the usage of digital locks can help protect amenities and networks via a considerable number of security protocols, including encryption and authentication. moreover, because a lot of these locks stay operational despite community status, they give real-time door monitoring. This skill that many digital locks no longer handiest keep away from unauthorised entry but also retain operators suggested about their reputation continually, however a network goes down. old-fashioned know-how and historic analogue techniques are extra susceptible to assaults When it involves deploying electronic locks, it is vital to remember that, like any device to your community, they have to have developed-in security features with a view to mean you can preserve your assistance, people, and amenities safe. Be prepared to unencumber future benefits ultimately, the information on your IP-based mostly ACS is at no stronger chance than some other counsel being transmitted over the community. They just ought to be wise about how they join, transmit, and store their facts. in the conclusion, maintaining the repute quo and refusing to flow away from historic technology is not a attainable option. old-fashioned expertise and historical analogue systems are more vulnerable to assaults. The cause it's so important to debunk myths round ACS and, on the equal time, get individuals brooding about network security within the appropriate manner is that community-based methods can offer an ever-expanding number of advantages. after they deploy new expertise the use of business most effective practices and purchase instruments from depended on vendors, they put ourselves and their networks in the very best position to take full talents of all that their increasingly connected world has to offer.
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When Chris Williams (pictured), enterprise cloud consultant at GreenPages LLC, was awarded the vExpert Cloud Specialist designation by VMware Inc. in 2017, he expressed his passion for learning new skills and sharing his knowledge with others.
That passion has carried over into a number of advanced cloud computing areas, amplified by his dialogue with infrastructure specialists and developer operations staff who were brought together at the recent VTUG Winter Warmer event in Foxborough, Massachusetts.
“We’re here to learn about not just what’s happening today, but what’s going to keep us relevant in the future, what new things are coming down the pipe,” Williams said. “A lot of that is bending toward the things that I’m interested in.”
Williams spoke with Stu Miniman (@stu), host of theCUBE, SiliconANGLE Media’s mobile livestreaming studio, during VTUG Winter Warmer. They discussed the projects capturing Williams interest and his plans to open new channels of communication within the enterprise cloud community.Expanding infrastructure knowledge
Williams’ forward-looking interests seek to bridge both the infrastructure and DevOps communities. He expressed a desire to take his own infrastructure knowledge and parlay that into the DevOps framework, along with a focus on Python to teach infrastructure material.
“In their world, that infrastructure person who’s been deploying manually virtual machines, there’s a piece of code that will do that for them now,” Williams said. “They’ve got to know how to modify and refactor that piece of code and get good at that.”
In addition to his work at GreenPages, an information technology transformation and hybrid cloud services provider, Williams is actively working to reshape the VTUG website with a goal to feature more user-supplied content.
“I’m going to start doing a ‘Learn AWS’ on the VTUG blog so people can begin ramping up on some of the basics,” said Williams, who also described recent research on cloud management that he believed would add value for the community. “I’m excited to showcase some of that on the website.”
Watch the complete video interview below, and be sure to check out more of SiliconANGLE’s and theCUBE’s coverage of the VTUG Winter Warmer event.Photo: SiliconANGLE Since you’re here …
… We’d like to tell you about their mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. Unlike many online publications, they don’t have a paywall or run banner advertising, because they want to keep their journalism open, without influence or the need to chase traffic.The journalism, reporting and commentary on SiliconANGLE — along with live, unscripted video from their Silicon Valley studio and globe-trotting video teams at theCUBE — take a lot of hard work, time and money. Keeping the quality high requires the support of sponsors who are aligned with their vision of ad-free journalism content.
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Formativ Health, a technology-enabled health services company focused on transforming the patient-provider experience, announced today its enterprise-wide scheduling solution, DASH, is now available on Salesforce AppExchange.
DASH was recently selected by Mayfield Brain & Spine in Cincinnati, OH to improve appointment utilization for their over 25,000 patients. This is a critical component of Mayfield’s Patient Relationship Management solution being built on the Health Cloud Platform from Salesforce.com.
Designed to optimize workflow, minimize patient call times, improve efficiency and intelligently fill provider’s schedules, DASH, powered by Radix Health, offers a distinctive approach to enterprise-wide and patient self-scheduling. It also offers features that allow for advance and in-office check-in, better streamlining patient pre-visit logistics.
Those Formativ Health clients – physician practices, hospitals and health systems nationwide – who leverage the Company’s patient access technology and services to manage all facets of their patients’ experiences, can also use DASH to appropriately fill patient slots and reduce no-shows and cancellations.
DASH’s capabilities include:
“Average wait times to secure an appointment with a specialist in the U.S. have reached more than two weeks, yet on any given day, 10-30% of physician appointment slots go completely unfilled because of situations such as poor resource allocation, improper load balancing, patient no-shows and appointment cancellations. Formativ Health’s DASH scheduling software, powered by Radix Health, can help alleviate these issues, allowing health systems and providers to experience greater efficiencies and enhance patient experiences through better patient access and improved scheduling capabilities,” said David Harvey, chief technology officer at Formativ Health.
“We’re streamlining the ways their clients foster better patient engagement, and providing all the tools necessary for ensuring positive, efficient and revolutionary digital patient experiences,” Harvey concluded.
“We’re looking forward to offering their patients the scheduling efficiency and convenience DASH enables us to provide,” said Mark Farrington, chief executive officer of Mayfield Brain & Spine. “As patients increasingly look for consumer-friendly interactions with their healthcare providers, implementing technology that makes this possible becomes more and more important. We’re excited to partner with Formativ Health to do just that.”
About Salesforce AppExchange
Salesforce AppExchange, the world’s leading enterprise cloud marketplace, empowers companies to sell, service, market and engage in entirely new ways. With more than 5,000 solutions, six million customer installs and 80,000 peer reviews, it is the most comprehensive source of cloud, mobile, social, IoT, analytics and artificial intelligence technologies for businesses.
Salesforce, AppExchange and others are among the trademarks of salesforce.com, inc.
About Mayfield Health Brain & Spine
Mayfield Brain & Spine is a full-service patient care provider and one of the nation's leading physician organizations for neurosurgical treatment, education, and research. With more than 20 specialists in neurosurgery, interventional neuroradiology, physical medicine and rehabilitation, pain management, and physical therapy, Mayfield Brain & Spine treats more than 25,000 patients from 35 states and 13 countries in a typical year.
About Radix Health
Radix Health is a technology company that believes that patient experience starts with patient access. It’s data-driven solutions align provider supply with patient demand, maximizing existing capacity and reducing delays in care. Radix Health helps leading medical groups to optimize every step of a patient’s appointment journey - from alerting patients to needed care, helping them find the right provider, scheduling an appointment across multiple channels, and engaging with patients until the day of their visit. By taking the busy work out of getting patients in the door, it allows providers to focus on the hard work of keeping them healthy. To learn more, please visit www.radixhealth.com or on LinkedIn, Twitter and Facebook.
About Formativ Health
New York City-based Formativ Health is a technology-enabled health services company focused on transforming the patient-provider experience. Their services help health systems respond to the rise of consumerism by combining powerful technology with an empathetic approach to customer service. Formativ helps clients enhance their patients’ experience, adapt to evolving risk-based payment models, improve financial performance, increase practice productivity, and elevate physician satisfaction and patient loyalty. For more information, visit www.formativhealth.com or on LinkedIn, Twitter and Facebook.
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