Riverbed Partnership Second-quarter net income fell to $57.7 million, or 11 cents a share, from $115.6 million, or 21 cents, Juniper said. Sales in the year-earlier period were $1.12 billion.
Separately, the company said it will pay Riverbed Technology Inc. (RVBD) $75 million to license products that help boost application performance. The two companies will also collaborate on products that increase the efficiency of large networks and speed mobile technologies.
Shares of Riverbed, which also posted better-than-forecast second-quarter profit yesterday, jumped as much as 27 percent to $18.44 in late trading after the announcements. Profit before certain costs was 23 cents a share, the San Francisco-based company said in a statement, compared with the 21-cent average analyst estimate