Arista Networks (ANET) Tops Q1 EPS by 12c; Guides Q2 Revs Above Views

Arista Networks (NYSE: ANET) reported Q1 EPS of $2.50, $0.12 better than the analyst estimate of $2.38. Revenue for the quarter came in at $667.6 million versus the consensus estimate of $642.1 million.

“Arista begins the 2021 year with a flying start. Clearly, the focus on our cognitive cloud networking suite is resonating with customers across diverse data sets and applications,” stated Jayshree Ullal, President and CEO of Arista Networks.

GUIDANCE:

Arista Networks sees Q2 2021 revenue of $675-695 million, versus the consensus of $649.94 million.

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

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