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Arista Networks Q2 Earnings: Revenue Beat, EPS Beat, Strong Guidance And More
Express News | Arista Networks Inc : JP Morgan Raises Target Price to $340 From $335
Arista Networks, Inc. (ANET) Q2 2024 Earnings Call Transcript
Boosted by the AI trend, Arista's Q2 revenue and guidance exceeded double digits, and saw a sharp V-shaped rebound after-hours. | Financial report observations.
Arista's revenue increased by nearly 16% in the second quarter, and the revenue guidance for the third quarter increased by as much as 16%, continuing to maintain a growth rate of over 10% in the first two quarters. After the financial report was released, Arista initially fell more than 5% after hours, then rebounded and rose nearly 4% at one point.
Match Group, Arista Networks, Live Nation: After-hours Movers
Earnings Summary: Arista Networks Tops Q2 Consensus, Sets Q3 Revenue Guidance Above Estimates