share_log

Arista Networks | 10-Q: Q2 2024 Earnings Report

Arista Networks | 10-Q: Q2 2024 Earnings Report

Arista Networks | 10-Q:2024財年二季報
美股SEC公告 ·  08/01 03:54

Moomoo AI 已提取核心訊息

Arista Networks announced robust financial results for Q2 2024, with revenue reaching $1.69 billion, up 15.9% year-over-year. Net income surged to $665.4 million, a 35.3% increase from Q2 2023. The company's gross margin improved to 64.9%, driven by lower excess inventory charges.Product revenue grew 12.8% to $1.42 billion, while service revenue jumped 35.3% to $267.1 million. The Americas region dominated sales, accounting for 81.3% of total revenue. Research and development expenses increased 16.5% to $267.5 million as Arista continued to invest in new product development.Arista's cash position remained strong, with total cash and marketable securities of $6.3 billion as of June 30, 2024. The company generated $1.5 billion in cash from operations during the first half of 2024, reflecting solid business performance and working capital management. Management expressed confidence in meeting future growth and capital requirements with existing resources.
Arista Networks announced robust financial results for Q2 2024, with revenue reaching $1.69 billion, up 15.9% year-over-year. Net income surged to $665.4 million, a 35.3% increase from Q2 2023. The company's gross margin improved to 64.9%, driven by lower excess inventory charges.Product revenue grew 12.8% to $1.42 billion, while service revenue jumped 35.3% to $267.1 million. The Americas region dominated sales, accounting for 81.3% of total revenue. Research and development expenses increased 16.5% to $267.5 million as Arista continued to invest in new product development.Arista's cash position remained strong, with total cash and marketable securities of $6.3 billion as of June 30, 2024. The company generated $1.5 billion in cash from operations during the first half of 2024, reflecting solid business performance and working capital management. Management expressed confidence in meeting future growth and capital requirements with existing resources.
Arista Networks 公佈了 2024 年第二季度的強勁財務業績,營業收入達到 16.9億美元,同比增長 15.9%。凈利潤激增至 66540萬美元,比 2023 年第二季度增長 35.3%。公司的毛利率提高至 64.9%,主要得益於降低的過剩庫存費用。產品收入增長 12.8% 達到 14.2億美元,而服務收入躍升 35.3% 達到 26710萬美元。美洲地域板塊主導銷售,佔總營業收入的 81.3%。研發費用增加 16.5% 達到 26750萬美元,因爲 Arista 繼續投資於新產品開發。截至 2024 年 6 月 30 日,Arista 的現金狀況保持強勁,總現金和可交易證券達到 63億美元。公司在 2024 年上半年從運營中產生了 15億美元的現金,反映出穩健的業務表現和營運資金管理。管理層表示信懇智能在滿足未來的增長和資本需求方面有信心,依靠現有資源。
Arista Networks 公佈了 2024 年第二季度的強勁財務業績,營業收入達到 16.9億美元,同比增長 15.9%。凈利潤激增至 66540萬美元,比 2023 年第二季度增長 35.3%。公司的毛利率提高至 64.9%,主要得益於降低的過剩庫存費用。產品收入增長 12.8% 達到 14.2億美元,而服務收入躍升 35.3% 達到 26710萬美元。美洲地域板塊主導銷售,佔總營業收入的 81.3%。研發費用增加 16.5% 達到 26750萬美元,因爲 Arista 繼續投資於新產品開發。截至 2024 年 6 月 30 日,Arista 的現金狀況保持強勁,總現金和可交易證券達到 63億美元。公司在 2024 年上半年從運營中產生了 15億美元的現金,反映出穩健的業務表現和營運資金管理。管理層表示信懇智能在滿足未來的增長和資本需求方面有信心,依靠現有資源。
声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息