Arista Networks (ANET) Tops Q1 EPS by 13c, Offer Q2 Guidance

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Go back to Arista Networks (ANET) Tops Q1 EPS by 13c, Offer Q2 Guidance

Arista Networks, Inc. Reports First Quarter 2015 Financial Results

May 14, 2015 4:05 PM EDT

Cloud Networking Adoption Drives Record Revenue and non-GAAP Operating Income

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Arista Networks, Inc. (NYSE: ANET), an industry leader in software-driven cloud networking solutions for large data center and computing environments, today announced financial results for its first quarter ended March 31, 2015.

First Quarter Financial Highlights

Revenue of $179.0 million, an increase of 52.8% compared to the first quarter of 2014, and an increase of 3.2% from the fourth quarter of 2014. Non-GAAP gross margin of 66.1%, compared to Non-GAAP gross margin of... More