Arista Networks (ANET) Tops Q3 EPS by 23c
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Arista Networks, Inc. Reports Third Quarter 2021 Financial Results
November 1, 2021 4:05 PM EDTSANTA CLARA, Calif.--(BUSINESS WIRE)-- Arista Networks, Inc. (NYSE: ANET), an industry leader in data-driven, client to cloud networking for large data center, campus and routing environments, today announced financial results for its third quarter ended September 30, 2021.
Third Quarter Financial Highlights
Revenue of $748.7 million, an increase of 5.8% compared to the second quarter of 2021, and an increase of 23.7% from the third quarter of 2020. GAAP gross margin of 63.9%, compared to GAAP gross margin of 64.2% in the second quarter of 2021 and 63.6% in the third quarter of... More