Arista Networks (ANET) Tops Q1 EPS by 7c
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Arista Networks, Inc. Reports First Quarter 2017 Financial Results
May 4, 2017 4:05 PM EDTCloud Networking Adoption Continues Momentum with Record Revenue
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Arista Networks, Inc. (NYSE: ANET), an industry leader in software-driven cloud networking solutions for large data center and computing environments, today announced financial results for its first quarter ended March 31, 2017.
First Quarter Financial Highlights
Revenue of $335.5 million, an increase of 2.3% compared to the fourth quarter of 2016, and an increase of 38.5% from the first quarter of 2016. GAAP gross margin of 63.9%, compared to GAAP gross margin of 64.1% in... More