Arista Networks (ANET) Tops Q2 EPS by 18c; Guides Q3 Revenues Above Views
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Arista Networks, Inc. Reports Second Quarter 2021 Financial Results
August 2, 2021 4:05 PM EDTSANTA CLARA, Calif.--(BUSINESS WIRE)-- Arista Networks, Inc. (NYSE: ANET), an industry leader in cognitive cloud networking solutions for large datacenter and campus environments, today announced financial results for its second quarter ended June 30, 2021.
Second Quarter Financial Highlights
Revenue of $707.3 million, an increase of 6.0% compared to the first quarter of 2021, and an increase of 30.8% from the second quarter of 2020. GAAP gross margin of 64.2%, compared to GAAP gross margin of 63.7% in the first quarter of 2021 and 63.7% in the second quarter of 2020. Non-GAAP gross... More