Juniper revenue dries up, company says clouds to rain cash soon

New accounting rules, slow service provider sales blamed for thinning profit

Juniper turned in a loss for the first quarter of financial year 2018, but at least it performed ahead of its previous guidance for the quarter - and along with the usual explanations (customers replacing hardware with software, US service providers not spending, project delays and so on), a change of accounting standards was blamed for much of the result."