Arista Networks Inc.
- Arista Networks Inc. dropped 3.8% to $87.32 after the computer networking company reported first-quarter 2025 results.
Revenue edged up to $2.00 billion from $1.57 billion, net income jumped to $813.8 million from $637.7 million, and diluted earnings per share rose to 64 cents from 50 cents a year ago.
The company authorized an additional program to repurchase up to $1.5 billion.
Arista estimated second-quarter revenue to be approximately $2.1 billion, compared to $1.69 billion in the prior year; non-GAAP gross margin to be 63%, compared to 65.4%; and non-GAAP operating margin to be 46%, compared to 46.5% a year earlier.
May 7, 2025 - Arista Networks Inc. dropped 4.6% to $106 despite the computer networking company reporting revenue growth in the fourth quarter of 2024.
Revenue increased to $1.93 billion from $1.54 billion, net income jumped to $800.99 million from $613.64 million, and earnings per diluted share rose to 62 cents from 48 cents a year ago.
For the first quarter of 2025, the company estimated revenue between $1.93 billion and $1.97 billion, compared to $1.57 billion a year ago.
Feb 19, 2025 - 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 operating margin of 42%.
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
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 1.38 | 1.55 | 1.72 | - | - | |
| 2022 | 0.85 | 0.94 | 1.13 | 1.35 | 4.27 | |
| 2021 | 2.27 | 2.47 | 0.7 | 0.74 | 2.63 | |
| 2020 | 1.73 | 1.83 | 2.12 | 2.31 | 2 | |
| 2019 | 2.47 | 2.33 | 2.59 | 3.24 | 2.66 | |
| 2018 | 1.79 | -2.08 | 2.08 | 2.27 | 4.06 | |
| 2017 | 0.79 | 1.10 | 1.37 | 1.45 | 4.71 | |
| 2016 | 0.55 | 0.60 | 0.69 | 0.90 | 2.74 | |
| 2015 | 0.41 | 0.44 | 0.48 | 0.68 | 2.01 | |
| 2014 | 0.20 | 0.34 | 0.30 | 0.45 | 1.29 | |
| 2013 | 0.12 | 0.18 | 0.20 | 0.23 | 0.72 | |
| 2012 | - | - | - | 0.00 | 0.39 | |
| 2011 | - | - | - | 0.00 | 0.65 |