Arista Networks (ANET) Tops Q3 EPS by 27c
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Arista Networks, Inc. Reports Third Quarter 2018 Financial Results
November 1, 2018 4:05 PM EDTDelivers Record Earnings while Exceeding Cumulative Shipments of 20 Million Cloud Networking Ports
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Arista Networks, Inc.(NYSE: ANET), an industry leader in software-driven, cognitive cloud networking for large-scale datacenter and campus environments, today announced financial results for its third quarter endedSeptember 30, 2018.
Third Quarter Financial Highlights
Revenue of$563.3 million, an increase of 8.4% compared to the second quarter of 2018, and an increase of 28.7% from the third quarter of 2017. GAAP gross margin of 64.2%, compared to GAAP gross margin... More