Juniper Networks 4Q profit up 73 percent
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Juniper Networks Inc. on Thursday reported a 73 percent jump in fourth-quarter profit on strong networking-gear sales.
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Sprint Nextel Corp., the nation's third largest wireless carrier, said Wednesday that fourth-quarter profits rose 33 percent on stronger revenue, but the company continued to lose high-quality subscribers.
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Cisco Systems Inc.  said on  Tuesday its quarterly net profit rose as customers bought more  network equipment in response to growing Internet traffic.
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Juniper Networks Inc ,  the world's second-largest maker of routers for the Internet,  reported on Tuesday a 46 percent jump in quarterly profit, but  its shares fell after the results missed some investors' raised  expectations.
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The company reports improving fundamentals and posts a 79% increase in Q3 earnings.
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Shrubs off last year's loss Juniper Networks swung to a profit during the second quarter of 2007, spurred by an increase of product and service sales as companies buy more equipment to handle internet traffic. The company reported a $86.2m profit for the second quarter of 2007, compared to a $1.21bn loss in the same period last year.â¦
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The open-source software provider said that its third quarter profit rose as a surge in subscriptions helped offset increased spending on marketing and research.
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Third-quarter net income rose 7.4 percent to $960 million, helped by strong demand in international markets. The company also raised its full-year profit outlook.
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Apple Inc.  on Wednesday  said its quarterly profit rose 73 percent from a year earlier,  zooming past expectations on strong Macintosh computer sales  and helping to send its shares up nearly 10 percent.
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Cisco Systems Inc. (csco.o) on Tuesday  reported quarterly revenue and income that exceeded market  expectations as companies upgraded their networks, sending its  shares up 9 percent.
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Profit for the Internet auction giant rose 24 percent on increased business in its core auction marketplace during the holiday months.
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Cisco Systems Inc  posted a 7.2 percent rise in quarterly profit on Wednesday as demand for network equipment from telephone companies was steady despite the slowing U.S. economy.
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Cisco Systems Inc. , the largest maker of communications gear to direct traffic over the Internet, on Tuesday said quarterly earnings rose, benefiting from higher sales in advanced technologies and the impact of a year-earlier accounting change.
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Juniper Networks reported a second-quarter profit of $86.2 million, on a more-than-expected revenue increase of 17 percent.
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US Internet portal Yahoo's profit grew fivefold in the fourth quarter from a year earlier to 373 million dollars, lifted by strong advertising revenues and one-time gains, the company said.
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The company said quarterly net profit jumped to 73.7 billion yen, or $646.7 million, as sales of digital cameras, televisions and other electronics more than offset losses at its video-games unit.
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The communications company said that fourth-quarter profit rose 25 percent as it added more high-speed Internet subscribers.