Juniper Networks, Inc.'s Board of Directors has declared a quarterly cash dividend of $0.10 per share to be paid on March 24, 2015 to shareholders of record as of the close of business on March 3, 2015.

The company announced preliminary unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total net revenues of $1,101.6 million against $1,273.6 million a year ago. Operating loss was $701.8 million against income of $195.4 million a year ago. Loss before income taxes $694.4 million against income of $185.2 million a year ago. Net loss was $769.6 million or $1.81 per diluted share against income of $151.8 million or $0.30 per diluted share a year ago. Non-GAAP operating income was $241.6 million against $278.3 million a year ago. Non-GAAP net income was $179.3 million against $215.8 million a year ago. Non-GAAP net loss per diluted share was $1.81 against EPS of $0.30 a year ago. Capital expenditures were $52 million. Net cash flow from operations for the fourth quarter of 2014 was $291 million, compared to $394 million in the fourth quarter of 2013.

For the year, the company reported total net revenues of $4,627.1 million against $4,669.1 million a year ago. Operating loss was $419.7 million against income of $565.9 million a year ago. Loss before income taxes $86.3 million against income of $525.5 million a year ago. Net loss was $334.3 million or $0.73 per diluted share against income of $439.8 million or $0.86 per diluted share a year ago. Non-GAAP operating income was $958.4 million against $895.9 million a year ago. Non-GAAP net income was $677.6 million against $654.0 million a year ago. Non-GAAP net loss per diluted share was $0.73 against EPS of $0.86 a year ago. Net cash provided by operating activities was $763.4 million against $845.9 million a year ago. Purchases of property and equipment were $192.9 million against $230.0 million a year ago.

The company estimates that for the first quarter ending March 31, 2015: revenues will be in the range of $1,020 million to $1,060 million; non-GAAP gross margin will be approximately 63.5%, plus or minus 0.5%; non-GAAP net income per share will range between $0.28 and $0.32 on a diluted basis. This assumes a share count of 420 million and a non-GAAP tax rate of 27% for the first quarter. Operating expenses are expected to be $475 million, plus or minus $5 million.