Juniper Networks reported its preliminary financial results for the third quarter of 2024, revealing net revenues of $1.331 billion, which marks a 5% decrease year-over-year but a 12% increase sequentially. The company's GAAP operating margin improved to 7.1%, up from 6.3% in the previous quarter and 3.8% in the second quarter of 2024. CEO Rami Rahim highlighted strong demand during the September quarter, noting that total product orders surged nearly 60% year-over-year, particularly from cloud customers supporting AI networking solutions.