Arista Networks (ANET) Tops Q4 EPS by 30c, Sales Beat; Guides In-Line
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Arista Networks, Inc. Reports Fourth Quarter and Full Year 2017 Financial Results
February 15, 2018 4:05 PM ESTCloud Networking Adoption Continues Across Verticals
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Arista Networks, Inc. (NYSE: ANET), an industry leader in software-driven cloud networking solutions for large datacenter and computing environments, today announced financial results for its fourth quarter and year ended December 31, 2017.
Fourth Quarter Financial Highlights
Revenue of $467.9 million, an increase of 6.9% compared to the third quarter of 2017, and an increase of 42.7% from the fourth quarter of 2016. GAAP gross margin of 65.7%, compared to GAAP gross margin of 64.1% in the third quarter... More