Arista Networks (ANET) Tops Q2 EPS by 23c

Arista Networks (NYSE: ANET) reported Q2 EPS of $1.93, $0.23 better than the analyst estimate of $1.70. Revenue for the quarter came in at $519.8 million versus the consensus estimate of $509.27 million.

GUIDANCE:

Arista Networks sees Q3 2018 revenue of $540-552 million, versus the consensus of $542.7 million.

• Revenue between $540 and $552 million

• Non-GAAP gross margin between 63% to 65%, and

• Non-GAAP operating margin of approximately 32% to 34%

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

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