Juniper Reports Q4

SUNNYVALE, Calif. -- Juniper Networks, Inc. (NASDAQ: JNPR) today reported its revenue results for the fourth quarter and year ended December 31, 2006.

Net revenues for the fourth quarter of 2006 were $595.8 million, compared with $575.5 million for the same quarter last year, an increase of 4 percent. Net revenues for the fiscal year ended December 31, 2006 were$2,303.6 million, compared with $2,064.0 million for the same period last year, an increase of approximately 12 percent.

Net cash, cash equivalents and investments increased over $200 million during the fourth quarter of 2006 to $2.6 billion.

'2006 marked our 10th anniversary and a year of considerable progress which culminated with record revenue results in the fourth quarter,' said Scott Kriens, Juniper Networks' Chairman and CEO. 'Moving into 2007, we see a marketplace that presents us with significant opportunity to deliver strategic value to customers, scale our ability to execute and continue to grow our business.'

Juniper Networks Inc.