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Tuesday, August 4, 2020

-=Arista Networks (ANET) reported earnings on Tue 4 Aug 20 (a/h)

Arista Networks beats by $0.16, beats on revs; guides Q3 revs above consensus 
  • Reports Q2 (Jun) earnings of $2.11 per share, excluding non-recurring items, $0.16 better than the S&P Capital IQ Consensus of $1.95; revenues fell 11.1% year/year to $540.6 mln vs the $530.56 mln S&P Capital IQ Consensus.
  • Co issues upside guidance for Q3, sees Q3 revs of $570-590 mln vs. $564.37 mln S&P Capital IQ Consensus.

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