Arista Networks (ANET) Tops Q2 EPS by 16c; Guides Higher

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Go back to Arista Networks (ANET) Tops Q2 EPS by 16c; Guides Higher

Arista Networks Shares Surge 7% on Q2 Earnings Beat Amid First Billion-Dollar Quarter

August 1, 2022 4:28 PM EDT

Arista Networks (NYSE: ANET) shares were trading more than 7% higher after-hours following the companys reported Q2 results, with EPS of $1.08 coming in better than the consensus estimate of $0.92.

Revenue grew 48.7% year-over-year (up 20% vs. Q1/22) to $1.05 billion, compared to the consensus estimate of $978.95... More