Arista Networks (ANET) Tops Q4 EPS by 20c
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Arista Networks, Inc. Reports Fourth Quarter and Full Year 2016 Financial Results
February 16, 2017 4:05 PM ESTCloud Networking Pace Drives Stellar Revenue and Record EPS
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 fourth quarter and year ended December 31, 2016.
Fourth Quarter Financial Highlights
Revenue of $328.0 million, an increase of 33.6% compared to the fourth quarter of 2015, and an increase of 13.0% from the third quarter of 2016. GAAP gross margin of 64.1%, compared to GAAP gross... More