Arista Networks (ANET) Tops Q1 EPS by 24c, Q2 Guidance Misses Consensus

Arista Networks (NYSE: ANET) reported Q1 EPS of $2.31, $0.24 better than the analyst estimate of $2.07. Revenue for the quarter came in at $595.4 million versus the consensus estimate of $594.87 million.

GUIDANCE:

Arista Networks sees Q2 2019 revenue of $600-610 million, versus the consensus of $640 million.

• Non-GAAP gross margin between 64% to 65%, and
• Non-GAAP operating margin of approximately 36%

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

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