Arista Networks (ANET) Tops Q1 EPS by 15c
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Arista Networks, Inc. Reports First Quarter 2018 Financial Results
May 3, 2018 4:05 PM EDTCloud Networking Adoption Continues with Record Revenue
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 first quarter ended March 31, 2018.
First Quarter Financial Highlights
Revenue of $472.5 million, an increase of 1.0% compared to the fourth quarter of 2017, and an increase of 40.8% from the first quarter of 2017. GAAP gross margin of 64.1%, compared to GAAP gross margin of 65.7% in the fourth quarter of... More