Juniper Up 2% on Profits; Gains Ground on Cisco - TheStreet

Juniper Networks

(JNPR) - Get Report

was up 2% in preopen

Island

trading after reporting third-quarter earnings of 17 cents per share after the close, nearly double Wall Street's estimate of 9 cents.

The year-ago result was break-even. The company reported sales rose six-fold as it gained ground on rival

Cisco Systems

(CSCO) - Get Report

. Cisco was down 0.6% in the preopen.