While Juniper Networks struggled across the board in its first-quarter results, its software revenue was a bright spot.
During Thursday’s earnings call, CEO Rami Rahim said Juniper’s software business grew 8% year over year and accounted for more than 10% of Juniper’s revenue during the first quarter.
“This strength was driven by a combination of on-box and off-box offerings with revenue from our Contrail family of SDN-enabled management and control software solutions increasing nearly 40% year over year,” Rahim said, according to a Seeking Alpha transcript.