Arista Networks (ANET) Tops Q1 EPS by 3c, Q2 Guidance Tops Conensus

Arista Networks (NYSE: ANET) reported Q1 EPS of $0.84, $0.03 better than the analyst estimate of $0.81. Revenue for the quarter came in at $877.1 million versus the consensus estimate of $853.33 million.

GUIDANCE:

Arista Networks sees Q2 2022 revenue of $950-1000 million, versus the consensus of $917 million.

• Non-GAAP gross margin of 60% to 62%; and
• Non-GAAP operating margin of approximately 37% to 38%.

For earnings history and earnings-related data on Arista Networks (ANET) click here.

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