Arista Networks (ANET) PT Raised to $275 at Nomura/Instinet

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Go back to Arista Networks (ANET) PT Raised to $275 at Nomura/Instinet

Arista Networks, Inc. Reports Fourth Quarter and Full Year 2018 Financial Results

February 14, 2019 4:05 PM EST

Places in Cloud Networking Across Verticals Yields Record Results

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Arista Networks, Inc.(NYSE: ANET), an industry leader in software-driven cloud networking solutions for large datacenter and campus environments, today announced financial results for its fourth quarter and year endedDecember31, 2018 with record revenue and earnings.

Fourth Quarter Financial Highlights

Revenue of$595.7 million, an increase of 5.8% compared to the third quarter of 2018, and an increase of 27.3% from the fourth quarter of 2017. GAAP gross margin of 62.9%,... More