Arista Networks (ANET) Tops Q1 EPS by 24c, Q2 Guidance Misses Consensus
Arista Networks (NYSE: ANET) reported Q1 EPS of $2.31, $0.24 better than the analyst estimate of $2.07. Revenue for the quarter came in at $595.4 million versus the consensus estimate of $594.87 million.
GUIDANCE:
Arista Networks sees Q2 2019 revenue of $600-610 million, versus the consensus of $640 million.
- Non-GAAP gross margin between 64% to 65%, and
- Non-GAAP operating margin of approximately 36%
For earnings history and earnings-related data on Arista Networks (ANET) click here.
