Earnings season continues to roll along, with a solid chunk of companies already posting quarterly results. The period has primarily remained positive, underpinned by strong results from the technology sector. We've also seen positive revisions trickle in for the upcoming period. Concerning the positivity, several companies, including Eaton (ETN) , Eli Lilly (LLY) , and Arista Networks (ANET) , all raised their outlooks, undoubtedly pleasing investors. Let’s take a closer look at each. Eaton Eaton posted EP ...

Mostly attributed to the Magnificent Seven, tech stocks have fueled the Q1 earnings season with total S&P 500 earnings now expected to be up 5% from the previous period. Although many of the technology-driven stocks in this week’s earnings lineup may not be household names there are quite a few that stand out after impressively surpassing their bottom line expectations. Better still, two of these tech stocks have made the coveted Zacks Rank #1 (Strong Buy) list and now looks like an ideal time to invest aft ...

The rise of artificial intelligence (AI) has been a whirlwind of innovation and growth across numerous industries. That makes the case for the best data center stocks to buy. Demand for advanced data center infrastructure has skyrocketed in the last few years. The companies at the forefront of this technological wave are poised to capitalize on the exponential growth in data processing and storage. As AI models become more complex and demand increases exponentially, data centers form the bedrock for power c ...

The data-center switching company rallied after Q1 earnings and guidance allayed recent fears. Shares of data-center switch company Arista Networks (ANET 7.27%) rallied on Wednesday, gaining 7.2% as of 12:14 p.m. ET. Arista reported its first-quarter earnings last night, and they came in stronger than expected. Solid guidance and positive commentary around the company's artificial intelligence (AI) opportunity also quelled recent fears over competition. Management remains confident in AI In the first quarte ...

Famed investor Jim Cramer is all praise for Jayshree Ullal – the chief executive of Arista Networks Inc (NYSE: ANET) after her company reported financial results for its first quarter last night. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Cramer has been bullish on Arista Networks Copy link to section Arista Networks handily topped Street estimates for both profit and revenue in its first financial quarter. According to the Mad Money host: $ANET ...

Arista Networks, Inc. (ANET) reported healthy first-quarter results with solid top and bottom-line growth year over year, driven by robust demand trends. Easing supply chain woes and steady customer additions backed by the company’s best-in-class portfolio strength ensured top-line expansion, while steady margin improvement contributed to earnings growth. Both the bottom and the top lines beat the respective Zacks Consensus Estimate. Net Income GAAP net income in the reported quarter improved to $637.7 mill ...

Key Takeaways Arista Networks shares jumped in late trading on Tuesday after the cloud networking company topped quarterly estimates and provided a better-than-expected current-quarter outlook. The company's quarterly results were driven by growing demand for AI network ing solutions that connect cloud and data center infrastructure. The company also announced a $1.2 billion share repurchase program. Monitor the $290 level where Arista shares may encounter resistance from a trendline linking a series of pri ...

Arista Networks, Inc. (NYSE:ANET) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Liz Stine - Director of IR Jayshree Ullal - Chairperson and CEO Chantelle Breithaupt - CFO Ken Duda - CTO Anshul Sadana - COO Conference Call Participants Samik Chatterjee - JPMorgan George Notter - Jefferies Ben Reitzes - Melius Research Amit Daryanani - Evercore ISI Antoine Chkaiban - New Street Research James Fish - Piper Sandler Victor Chui - Raymond James Meta Marshall - Morgan Stanley Ben Bol ...

公司业绩 - Arista Networks (ANET)在最新季度每股收益为1.99美元，超过了Zacks Consensus Estimate的1.74美元[1] - Arista Networks在过去四个季度中四次超过了市场预期的每股收益[2] - Arista Networks在2024年3月份的季度营收达到了15.7亿美元，超过了Zacks Consensus Estimate[3] 股价表现 - Arista Networks股价自年初以来上涨了18.4%，表现优于标普500指数[5] 公司管理层评论 - 公司管理层在财报电话会议上的评论将对股价走势产生重要影响[4] 行业前景 - 投资者应关注行业前景对股票表现的影响，目前通信-组件行业在Zacks行业排名中处于前18%[10]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36468 Arista Networks, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 20-1751121 (State or Other Jurisdic ...