Arista Networks (NYSE: ANET) reported Q3 EPS of $2.11, $0.27 better than the analyst estimate of $1.84. Revenue for the quarter came in at $563.3 million versus the consensus estimate of $548.71 million.

GUIDANCE:

Arista Networks sees Q4 2018 revenue of $582-594 million, versus the consensus of $586.15 million.

• Non-GAAP gross margin between 63% to 65%, and
• Non-GAAP operating margin of approximately 35%

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

Earnings Guidance Hot Earnings

Arista Networks (ANET) PT Lowered to $250 at Nomura/InstinetNovember 2, 2018 8:53 AM Arista Networks (ANET) PT Raised to $315 at Credit SuisseNovember 2, 2018 8:22 AM Arista Networks (ANET) PT Raised to $300 at RBC CapitalNovember 2, 2018 6:47 AM Arista Networks (ANET) PT Raised to $320 at KeyBancNovember 2, 2018 3:28 AM Arista Networks (ANET) PT Raised to $320 at Piper JaffrayNovember 2, 2018 3:04 AM Arista Networks, Inc. Reports Third Quarter 2018 Financial ResultsNovember 1, 2018 4:05 PM