Arista Networks, Inc. Reports Second Quarter 2016 Financial Results

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Needham & Company Reiterates Buy on Arista Networks (ANET) Following 4Q Beat

August 5, 2016 7:29 AM EDT

Needham & Company reiterated a Buy rating and $105.00 price target on Arista Networks (NYSE: ANET) following the company's 4Q earnings report. Revenues came in 2.5% above forecast at $268.7 million compared to the Street estimates of $263 million. EPS of $0.74 beat the Street estimates of $0.68.

Analyst Alex... More

Arista Networks (ANET) Tops Q2 EPS by 6c

August 4, 2016 4:24 PM EDT

Arista Networks (NYSE: ANET) reported Q2 EPS of $0.74, $0.06 better than the analyst estimate of $0.68. Revenue for the quarter came in at $268.7 million versus the consensus estimate of $262.88 million.

GUIDANCE:

Arista Networks sees Q3 2016 revenue of $279-285 million, versus the consensus of... More