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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Arista Networks

Arista Networks, Inc. engages in the development, marketing, and sale of cloud networking solutions. Its cloud networking solutions consist of Extensible Operating System (EOS), a set of network applications and Ethernet switching, and routing platforms. The company was founded by Andreas Bechtolsheim, David Cheriton, and Kenneth Duda in October 2004 and is headquartered in Santa Clara, CA.

Earnings data Q1 2021

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Arista Networks reports record 2022 growth, addresses supply chain challenges

Arista Networks delivered a strong performance in 2022, driven by strategic partnerships and product innovation. While facing challenges such as supply chain disruptions and potential revenue deceleration concerns, the company remains optimistic about growth opportunities in cloud, enterprise, and data center markets. By focusing on core strengths and addressing challenges proactively, Arista is poised for continued success in 2023.

Arista Networks excels in Q1 earnings, eyes growth in high-speed tech and AI applications

Arista Networks delivered robust financial performance, showcasing strength in high-speed technologies and customer wins across sectors. Challenges include visibility issues with cloud titan customers and potential sales cycle slowdowns. The company is well-positioned for growth with opportunities in AI applications and new technology introductions.

Arista Networks excels in Q2 earnings, eyes AI networking growth

Arista Networks delivered robust financial results in Q2 2023, driven by improved gross margins and international revenue growth. The company's focus on AI networking and enterprise market strength positions it well for future growth. Challenges include a cloud titan's CapEx slowdown and the transition to 800 gig WAN.

Arista Networks reports robust Q3 earnings, eyes cloud business growth

Arista Networks delivered strong financial results in Q3 2023, showcasing resilience and growth potential. While facing challenges in supply chain and product development timing, the company is well-positioned for future success with a focus on new products and strategic partnerships. Opportunities in cloud business and operational cost advantages present avenues for continued growth.

Arista Networks surpasses Q4 revenue expectations, eyes AI networking growth

Arista Networks delivered strong financial performance in Q4 2023, driven by international contributions and a focus on AI networking. While facing challenges in a dynamic market, the company is strategically positioned to capitalize on opportunities in adjacent sectors and AI innovation.

Arista Networks excels in Q1 2024, eyes growth opportunities

Arista Networks delivered robust financial results in Q1 2024, showcasing growth and profitability.
The company's strategic initiatives around technology innovation and market expansion position it well for future success.
Challenges in technology adoption and competitive landscape require proactive strategies and adaptability.
Opportunities in new markets, organizational enhancements, and customer segments offer avenues for sustained growth.

Arista Networks excels in Q2 with strong financials and AI focus

Arista Networks delivered a strong performance in Q2 2024, driven by robust financials, innovative products, and customer success.
While facing challenges in maintaining margins and navigating competition, Arista's focus on AI networking presents growth opportunities.
The company's financial stability, customer satisfaction, and strategic guidance for Q3 signal a promising outlook for future growth.

Arista Networks posts robust Q3 results, eyes AI network growth

Arista Networks (ANET) delivered a strong Q3 performance with robust financials, driven by international growth and product innovation.
While facing competition and supply chain challenges, the company remains well-positioned with opportunities for revenue growth and market expansion.
Strategic initiatives like the stock split and focus on AI networking underscore Arista Networks' (ANET) commitment to future growth and innovation.

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Arista Networks, Inc. engages in the development, marketing, and sale of cloud networking solutions. Its solutions include EOS, a set of network applications, and Gigabit Ethernet switching and routing platforms. Its product categories include Core, Cognitive Adjacencies, and Network Software and Services. The company was founded by Andreas Bechtolsheim, David Cheriton, and Kenneth Duda in November 2004 and is headquartered in Santa Clara, CA.

Palo Alto Networks

Nvidia stock has gained 175% in 2024 but most of the gain came before its June stock split. Arista stock and Palo Alto stock will soon split.

Arista Networks, Palo Alto To Join Nvidia, Broadcom, Super Micro In 2024 Stock Splits

Arista Networks (ANET) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Arista Networks (ANET) Upgraded to Buy: Here's Why

Corning

Harmonic

Increased fiber densification, cloud focus and accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, GLW and HLIT are well-positioned to make the most of the demand for seamless connectivity solutions.

3 Communication Stocks Set to Ride on Fiber Network & Cloud Focus

Comfort Systems USA

Vertiv Holdings Co

It isn???t just beloved NVIDIA enjoying the tailwinds, these three companies have also seen the same.

3 Stocks Not Named Nvidia to Buy for AI Exposure

Arista Networks is poised to benefit from AI adoption, with its stock up 70% this year, despite a recent post-earnings dip. The company excels in front-end AI network solutions, with strong Q3 2024 earnings and promising future growth in AI infrastructure. ANET's valuation appears high, but future AI growth could justify current prices for long-term investors.

Arista Networks: The Front-Runner In AI Networking Solutions

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We're highlighting the 25 best-performing stocks in the S&P 1500 on a total return basis over the last five years. At the top of the list, above even Nvidia, is Alpha Metallurgical, which mines and produces coal for steel production and power generation. NVDA ranks second, turning $1,000 five years ago into more than $25,000 today, followed by energy drink maker Celsius, MARA Holdings, and GameStop.

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Arista Networks (ANET) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Is Arista Networks (ANET) a Solid Growth Stock? 3 Reasons to Think "Yes"

Recently, Zacks.com users have been paying close attention to Arista Networks (ANET). This makes it worthwhile to examine what the stock has in store.

Arista Networks, Inc. (ANET) is Attracting Investor Attention: Here is What You Should Know

Tradepulse Power Inflow Alert: Arista Networks Inc. Moves Up Over 10 Points After Alert

Oracle

3 Unstoppable Growth Stocks to Buy if There's a Stock Market Sell-Off

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Is Arista Networks (ANET) a Buy as Wall Street Analysts Look Optimistic?

Micron Technology

The 2024 Q3 earnings cycle is nearing its end, with a handful of S&P 500 companies remaining to report quarterly results. Throughout the period, these three quarterly releases stole the spotlight.

These 3 Quarterly Reports Positively Shocked Investors: TSLA, MU, ANET

QUALCOMM

NVIDIA, QUALCOMM and Arista Networks are currently exhibiting superb earnings growth.

NVIDIA, QCOM & 1 Other S&P 500 Stock Show Solid Earnings Growth

Riding on a robust earnings surprise history and favorable Zacks Rank, ANET appears primed for further stock price appreciation.

Should ANET Stock Be in Your Portfolio Post Solid Q3 Earnings?

Cloud networking company Arista Networks, Inc. (ANET) is gaining on AI networking wins, financial performance.

Arista Networks Rising Higher

I rate Arista Networks a Buy due to its strong cash flow, premium valuation, and potential for value creation through M&A or increased buybacks. Despite lower growth guidance, ANET's management has a history of underpromising and overdelivering. The Company's premium multiple makes acquisitions highly accretive, potentially adding significant value via the valuation gap vs. the target.

Arista: M&A Plus Growing Cash Pile Provide Growth Optionality

Arista Networks is a market leader in ethernet networking, crucial for large-scale GPU AI training clusters, with significant growth potential in data centers. Despite strong earnings and market position, ANET's valuation is high, trading at over 40x P/E, making it a Hold for now. Analysts remain optimistic about Arista's conservative 2025 guidance, noting its impeccable track record of beating expectations and potential revenue growth from AI deployments.

Arista Networks: Waiting For My Entry Point

Fortinet

Keeping in mind that a lower inflationary environment can be very favorable for tech companies, Arista Networks (ANET) and Fortinet (FTNT) are two stocks to keep an eye on after their strong Q3 results on Thursday.

2 Intriguing Tech Stocks to Buy After Q3 Earnings: ANET, FTNT

The company's September results were a solid beat, with revenue rising 20% to $1.8 billion.

Arista's Sales of AI Data Center Networks Were Good. Investors Wanted More.

Innovative product launches and steady customer additions helped ANET to beat third-quarter 2024 earnings estimates.

Arista Beats Q3 Earnings Estimates on Solid Top-Line Growth

Arista Networks Inc (NYSE:ANET) stock is down 5.8% at $405.83 at last glance, despite the company's better-than-expected third-quarter results -- including an earnings beat and record revenue -- due to shrinking margins.

Cloud Software Stock Slips From Record Highs After Earnings

Arista Networks, Inc. (ANET) Q3 2024 Earnings Call Transcript

Arista Networks (ANET) came out with quarterly earnings of $2.40 per share, beating the Zacks Consensus Estimate of $2.09 per share. This compares to earnings of $1.83 per share a year ago.

Arista Networks (ANET) Beats Q3 Earnings and Revenue Estimates

Arista Networks (ANET) shares tumbled in extended trading Thursday as the company reported shrinking margins, despite profits that topped Wall Street's expectations.

Arista Networks Stock Tumbles in Late Trading After Reporting Earnings

Arista Networks projected fourth-quarter revenue above Wall Street estimates on Thursday, as the growing foot print of data centers amid an AI boom lifted demand for its networking equipment.

News for Arista Networks Stock (ANET)