Arista networks inc.

Computer-Communications-Equipment

ANET


5453 Great America Parkway
Santa Clara , CA 95054

News

  • Arista Networks Inc. soared 14.5% to $201.15 after the networking gear maker reported better-than-expected quarterly results and lifted its sales outlook for the current quarter on the back of higher enterprise demand.

    Revenue in the third quarter increased 28.3% to $1.5 billion, net income soared to $545.3 million from $354.0 million, and diluted earnings per share advanced to $1.72 from $1.13 a year ago.

    The networking equipment maker forecasted fourth-quarter revenue between $1.50 billion and $1.55 billion, a non-GAAP gross margin of 63%, and a non-GAAP operat More

    Oct 31, 2023

  • Arista Networks, Inc soared 22% to $186.86 after the company reported higher-than-expected sales and earnings in the second quarter and also estimated higher-than-expected third quarter sales. 

    Second quarter sales increased to $1.5 billion from $1.1 billion and net income jumped to $491.9 million from $299 million and diluted earnings per share advanced to $1.55 from 94 cents a year ago. 

    The company forecasted third quarter revenue between $1.45 billion and $1.50 billion and non-GAAP margin of 62%. 

    Aug 1, 2023

Executive/
Director

Price

  • Last Close
  • $ 346.6
    $ +12.7 3.8 %
    Aug 29, 2024
  • 52-Week High/Low
  • $356 - $170.02
  • YTD
  • 47.2%

  • Trading Volume
  • 90,054
  • Market Cap Full
  • $ 107.8B
  • Shares Outstanding
  • 311.1M
    Oct 25, 2023
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Q1 16.1% -18.9% 36.7% 8.4% 49.3% -5% 3.9% -2.8% 38.3% 23.2%
Q2 15.9% 2% 13.3% 1.6% -19.4% 4% 20% -33.3% -3.5% -
Q3 -25.1% 32.2% 26.6% 1.7% -9.2% 8% -5.2% 20.4% 13.5% -
Q4 27.2% 13.7% 23.7% -18.9% -15.9% 38.1% -57.9% 7.5% 25.4% -
J F M A M J J A S O N D
2024 9.9% 7.1% 4.6% 3.4% - - - - - - - -
2023 3.8% 10% 21% -4.5% 3.8% -2.6% -4.3% 25.9% -5.8% 9% 9.6% 7.2%
    2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
    0%28%24%143%-11%-4%43%-50%-16%94%47%

Earnings

2015 2016 2017 2018 2019 2020 2021 2022 2023
Q1 0.41 0.55 0.79 1.79 2.47 1.73 2.27 0.85 1.38
Q2 0.44 0.60 1.10 -2.08 2.33 1.83 2.47 0.94 1.55
Q3 0.48 0.69 1.37 2.08 2.59 2.12 0.7 1.13 1.72
Q4 0.68 0.90 1.45 2.27 3.24 2.31 0.74 1.35 -
A 2 2.7 4.7 4.1 2.7 2 2.6 4.3 4.65

Annual Returns

52 Week
High/Low

Annual
Earnings

Chart

Trading Volume

2018 2019 2020 2021 2022 2023
Mar - 75.7 76.5 76.3 307.8 306.4
Jun 74.4 76.6 75.7 76.3 308.3 308.3
Sep 74.8 76.6 76 76.7 304.3 309.6
Dec 75.4 76.4 75.7 76.8 305.6 311.1

Financial Ratios

20222021202020192018
Asset Management
Inventory / Stock Turnover 1.3 1.6 1.7 3.6 2.9
Fixed Asset Turnover 21.1 22.3 33.1 33 16.8
Total Asset Turnover 0.7 0.5 0.5 0.6 0.7
Leverage
Debt Ratio - - - - -
Debt – Equity Ratio - - - - -
Interest Coverage 8.7 11 10.8 -14.9 -5
Equity multiplier - - - - 0.1