Juniper Networks, Inc. [NYSE: JNPR] disclosed Wednesday it has joined forces with Netcracker Technology to provide a joint solution that facilitates the end-to-end management of LAN/WLAN/WAN networks.
The joint solution provides uniform service and security operations with unique insight into user experiences, enhancing service provider readiness while maximizing value to enterprise customers.
Shares of Juniper soared 0.88%, or up 0.21 cents during the trading of Wednesday. It has earlier opened at $23.92 and has a closing price of $24.05.
Juniper has a day low and high range of $23.86-$24.21, respectively. This company has a 52-weeks low range of $15.20 and a 52-weeks high range of 26.49.
Its shares have moved up 58.22% from its 52-weeks low and moved down -9.21% from its 52-weeks high. Turing our focus at its profitability, it has return on assets (ROA) of 4.00%, return on investment (ROI) of 5.70%, and return on equity (ROE) of 7.70%.
Its Gross Margin is 58.70%, Profit Margin is 7.90%, and an Operating Margin is 9.80%. Continuing to look at its liquidity, its current ratio is 1.90.
Similarly, its quick ratio is 1.80. Its long term debt to equity ratio is 0.39. Juniper Network has a total market capitalization of 7.93 billion and reported sales of 4.43 billion.
The new joint solution, Enterprise Service Automation, allows service providers to unify LAN and WAN environments. It provides additional value to the enterprise customers.
The joint solution has provides the benefits such as automated service provisioning, AI-driven analytics, and insight based on user interactions.
Enterprise Service Automation also provides the self-service portal for enterprise users. It also gives frequent and rapid updates via a microservice cloud.
Enterprise Service Automation offers a platform for advanced wireless location services such as Assets Location, user engagement, and contact tracing based on Juniper Mist’s patented virtual Bluetooth LE (vBLE) technology.