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Stock impact report

Arista Beats Q3 Earnings Estimates on Solid Top-Line Growth [Yahoo! Finance]

Arista Networks, Inc. (ANET) 
Last arista networks, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.arista.com/home/default.aspx
Company Research Source: Yahoo! Finance
Innovative product launches and steady customer additions backed by the company's best-in-class portfolio strength ensured top-line expansion, while steady margin improvement contributed to earnings growth. Both the bottom and the top lines beat the respective Zacks Consensus Estimate. Find the latest EPS estimates and surprises on Zacks Earnings Calendar GAAP net income in the reported quarter improved to $747.9 million or $2.33 per share from $545.3 million or $1.72 per share in the year-ago quarter, mainly propelled by higher revenues. On a non-GAAP basis, net income was a record high at $769.1 million or $2.40 per share compared with $581.4 million or $1.83 per share in the year-earlier quarter. The bottom line beat the Zacks Consensus Estimate by 31 cents. Arista Networks, Inc. price-consensus-eps-surprise-chart | Arista Networks, Inc. Quote Revenues surged to $1.81 billion from $1.51 billion in the prior-year quarter, driven by strength in the enterprise vertical. The Show less Read more
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