Arista Networks (ANET) Tops Q3 EPS by 27c

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Go back to Arista Networks (ANET) Tops Q3 EPS by 27c

Arista Networks, Inc. Reports Third Quarter 2018 Financial Results

November 1, 2018 4:05 PM EDT

Delivers 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