Arista Networks, Inc. Reports Third Quarter 2016 Financial Results
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Jefferies Raises Price target on Arista Networks (ANET) Following Strong 3Q
November 4, 2016 10:26 AM EDTJefferies reiterated an Underperform rating on Arista Networks (NYSE: ANET), and raised the price target to $50.00 (from $40.25), following the company's 3Q earnings report. September sales of $290.3 million beat the Street's $283 million estimate. Non-GAAP EPS totaled $0.83 versus Street numbers looking for $0.73.
Analyst George... More
Arista Networks (ANET) Tops Q3 EPS by 10c; Guides Q4 Revenue
November 3, 2016 4:25 PM EDTArista Networks (NYSE: ANET) reported Q3 EPS of $0.83, $0.10 better than the analyst estimate of $0.73. Revenue for the quarter came in at $290.3 million versus the consensus estimate of $283.44 million.
GUIDANCE:
Arista Networks sees Q4 2016 revenue of $310-320 million, versus the consensus of... More
