Arista Networks (ANET) Tops Q4 EPS by 19c
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Arista Networks, Inc. Reports Fourth Quarter and Year End 2019 Financial Results
February 13, 2020 4:05 PM ESTAcquires Big Switch Networks for Cloud Networking & Monitoring
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 ended December 31, 2019.
Fourth Quarter Financial Highlights
Revenue of $552.5 million, a decrease of 15.6% compared to the third quarter of 2019, and a decrease of 7.2% from the fourth quarter of 2018. GAAP gross margin of 64.5%, compared to GAAP gross margin of 63.8% in... More