Arista Networks, Inc. Reports Third Quarter 2024 Financial Results [Yahoo! Finance]
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Arista Networks, Inc. (ANET)
Last arista networks, inc. earnings: 2/13 04:05 pm
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Source: Yahoo! Finance
networking for large AI, data center, campus and routing environments, today announced financial results for its third quarter ended September 30, 2024. Third Quarter Financial Highlights "Arista remains at the forefront of next generation centers of data across client-to-cloud and AI focused locations," said Jayshree Ullal, Chairperson and CEO of Arista Networks. "Our Q3 2024 results once again demonstrate our continued commitment to customer priorities as well as delivering strong financial results." Revenue of $1.811 billion, an increase of 7.1% compared to the second quarter of 2024, and an increase of 20.0% from the third quarter of 2023. GAAP gross margin of 64.2%, compared to GAAP gross margin of 64.9% in the second quarter of 2024 and 62.4% in the third quarter of 2023. Non-GAAP gross margin of 64.6%, compared to non-GAAP gross margin of 65.4% in the second quarter of 2024 and 63.1% in the third quarter of 2023. GAAP net income of $747.9 million, or $2.33 per dilut
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- 2/10/25 - Form 4
- 2/6/25 - Form 144
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