Arista Networks (ANET) Tops Q1 EPS by 24c, Q2 Guidance Misses Consensus

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Go back to Arista Networks (ANET) Tops Q1 EPS by 24c, Q2 Guidance Misses Consensus

Arista Networks, Inc. Reports First Quarter 2019 Financial Results

May 2, 2019 4:05 PM EDT

Places in the Cloud Networking Growth Continues with Record Earnings

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 first quarter endedMarch31, 2019.

First Quarter Financial Highlights

Revenue of$595.4 million, essentially flat compared to the fourth quarter of 2018, and an increase of 26% from the first quarter of 2018. GAAP gross margin of 63.9%, compared to GAAP gross margin of 62.9% in the... More