Arista Networks (ANET) Tops Q4 EPS by 10c, Q1 Revenue Guidance Beats
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Arista Networks, Inc. Reports Fourth Quarter and Year End 2020 Financial Results
February 18, 2021 4:05 PM ESTSANTA CLARA, Calif.--(BUSINESS WIRE)-- Arista Networks, Inc. (NYSE: ANET), an industry leader in cognitive cloud networking for large datacenter and campus environments, today announced financial results for its fourth quarter and year ended December 31, 2020.
Fourth Quarter Financial Results
Revenue of $648.5 million, an increase of 7.1% compared to the third quarter of 2020, and an increase of 17.4% from the fourth quarter of 2019. GAAP gross margin of 63.9%, compared to GAAP gross margin of 63.6% in the third quarter of 2020 and 64.5% in the fourth quarter of 2019. Non-GAAP... More