Arista Networks (ANET) Tops Q2 EPS by 8c; Guides Q3 Revs Above the Street

Arista Networks (NYSE: ANET) reported Q2 EPS of $0.54, $0.08 better than the analyst estimate of $0.46. Revenue for the quarter came in at $195.6 million versus the consensus estimate of $190.3 million.

Arista Networks sees Q3 2015 revenue of $208-212 million, versus the consensus of $206.42 million.

"Arista has now shipped a cumulative five million cloud networking ports worldwide,” stated Jayshree Ullal, Arista President and CEO. “I am pleased with this important milestone for the company combined with our continued Q2 2015 customer momentum and solid profitable growth."

Commenting on the company's financial results, Ita Brennan, Arista’s CFO, said, "We continued to execute well in Q2 2015, achieving record revenue with strong growth from our cloud and service provider customers, while increasing non-GAAP diluted earnings per share by more than 50% year-over-year.”

For earnings history and earnings-related data on Arista Networks (ANET) click here.

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