Arista Networks, Inc. Reports Third Quarter 2019 Financial Results

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Go back to Arista Networks, Inc. Reports Third Quarter 2019 Financial Results

Needham & Company Downgrades Arista Networks (ANET) to Hold

November 1, 2019 7:23 AM EDT

Needham & Company analyst Alex Henderson downgraded Arista Networks (NYSE: ANET) from Buy to Hold.

The analyst comments "Arista offere [SIC] weak guidance for CY4Q and continuing into 2020. Management cited a core Cloud customer offered a "dramatic reduction in CY4Q... More

Arista Networks (ANET) Tops Q3 EPS by 28c; Guides Q4 Revs Well Below Street

October 31, 2019 4:07 PM EDT

Arista Networks (NYSE: ANET) reported Q3 EPS of $2.69, $0.28 better than the analyst estimate of $2.41. Revenue for the quarter came in at $654.4 million versus the consensus estimate of $653.25 million.

GUIDANCE:

Arista Networks sees Q4 2019 revenue of $540-560 million, versus the consensus of... More