The Latest Breaking News from Arista Networks

Arista Networks (NYSE:ANET) has outperformed the market over the past 5 years by 10.71% on an annualized basis producing an average annual return of 21.74%. Currently, Arista Networks has a market capitalization of $31.81 billion.

According to Benzinga Pro, during Q1, Arista Networks (NYSE:ANET) earned $272.26 million, a 13.78% increase from the preceding quarter. Arista Networks also posted a total of $877.07 million in sales, a 6.38% increase since Q4.

Arista Networks (NYSE:ANET) has outperformed the market over the past 5 years by 14.22% on an annualized basis producing an average annual return of 26.59%. Currently, Arista Networks has a market capitalization of $36.26 billion.

Within the last quarter, Arista Networks (NYSE:ANET) has observed the following analyst ratings:

Arista Networks (NYSE:ANET) reported its Q1 earnings results on Monday, May 2, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Arista Networks beat estimated earnings by 3.7%, reporting an EPS of $0.84 versus an estimate of $0.81.

The demand for computer hardware has outstripped supply amid the COVID-19 pandemic due to remote working, online education, and the digital transformation of businesses. Despite supply disruptions hampering production, the robust demand should benefit companies in this space. Therefore, we think Arista Networks (ANET) and HP (HPQ) should gain. But…

The shift back from value to growth investments and fundamental upside potential make shares of Arista Networks Inc (NYSE: ANET) more attractive than Cisco Systems Inc (NASDAQ: CSCO), according to Wells Fargo.

Although the NFIB small business optimism index in the US dropped for a second straight month to 95.7 in February, there were a few notable insider trades.

Although the IHS Markit Eurozone services PMI was revised lower to 55.5 in February versus a preliminary reading of 55.8, there were a few notable insider trades.

Arista Networks, Inc. (NYSE: ANET) shares are steadily advancing following the cloud networking company's strong quarterly results.

According to Benzinga Pro, during Q4, Arista Networks (NYSE:ANET) earned $239.29 million, a 6.68% increase from the preceding quarter. Arista Networks also posted a total of $824.46 million in sales, a 10.12% increase since Q3.