Arista Networks (ANET) Tops Q3 EPS by 21c

Arista Networks (NYSE: ANET) reported Q3 EPS of $2.42, $0.21 better than the analyst estimate of $2.21. Revenue for the quarter came in at $605.4 million versus the consensus estimate of $581.33 million.

GUIDANCE:

Arista Networks sees Q4 2020 revenue of $615-635 million, versus the consensus of $609.25 million.

• Non-GAAP gross margin of 63% to 65%; and
• Non-GAAP operating margin of approximately 37%

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

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