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Tech Stocks Technical Analysis-) Brocade Communications Systems, Inc. (BRCD), Juniper Networks, Inc. (NYSE:JNPR)

On Monday, Shares of Brocade Communications Systems, Inc. (NASDAQ:BRCD) closed at $12.69 after opening 12.69 with the overall traded volume of 2.38 million shares. The company’s Market capitalization reached to $5.21 billion, $410.04 million outstanding shares. Its low price was $12.68 and the highest price was $12.70.

Brocade Communications Systems, Inc. (BRCD) provides storage area networking (SAN) and Internet protocol (IP) networking solutions for businesses and organizations worldwide. It operates through three segments: SAN Products, IP Networking Products, and Global Services. The SAN Products segment offers infrastructure products and solutions, such as fiber channel SAN backbones, directors, and fabric/embedded switches that assist customers in the development and deployment of storage and server consolidation, disaster recovery, and data security, as well as to meet compliance requirements regarding data management; and FC fabric extension, analytics, switching, and routing solutions. The IP Networking Products segment provides Layer 2 and Layer 3 Ethernet switches and routers to connect users over private and public networks, including local area, metro, and within and across data centers. This segment also provides converged network products; a portfolio of related software and hardware-based data networking offerings; Layer 4-7 products that are designed for application traffic management and server load balancing; and a range of wireless products for the network edge.

Shares of Juniper Networks, Inc. (NYSE:JNPR) increased 2.64% and closed at $29.20 after opening 28.90 with the overall traded volume of 10.96 million shares. The company’s Market capitalization reached to $11.42 billion, $382.10 million outstanding shares. Its low price was $28.78 and the highest price was $29.28. The EPS is 1.58.

Juniper Networks, Inc. (JNPR) announced that it will release preliminary financial results for the second quarter ended June 30, 2017, on Tuesday, July 25, 2017 after the close of the market. The Company’s senior management will host a conference call that day at 2:00 pm PT.

A commentary by Ken Miller, chief financial officer, reviewing the Company’s second quarter 2017 financial results, as well as third quarter 2017 financial outlook, will be furnished to the SEC on Form 8-K and published on the Company’s website at http://investor.juniper.net. Analysts and investors are encouraged to review this commentary prior to participating in the conference call.

To listen to the conference call, the toll free dial-in number is 877-407-8033, international callers dial +1-201-689-8033. Please dial in ten minutes prior to the scheduled conference call time. The call will also be webcast live and archived on the Investor Relations section of the Company’s website at http://investor.juniper.net.

 

 

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