Exhibit 99.1 Arista Networks, Inc. Reports First Quarter 2024 Financial Results Board of Directors Authorizes Additional $1.2B Stock Repurchase Program SANTA CLARA, Calif.- May 7, 2024 -- Arista Networks, Inc. (NYSE: ANET), an industry leader in data-driven, client to cloud networking for large data center/AI, campus and routing environments, today announced financial results for its first quarter ended March 31, 2024. First Quarter Financial Highlights “Arista is off to a strong start to 2024 with solid fi ...

Arista Networks, Inc.’s (ANET) shares have witnessed a steady uptrend over the past year, barring minor hiccups, driven by improved market demand across its portfolio on the back of a flexible business model and solid cash flow. Arista continues to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experience. It is well-poised for growth ...

Most of the big tech heavy hitters have already reported their quarterly results for the first quarter period including the Magnificent Seven outside of Nvidia (NVDA) . Whle Nvidia's earnings release is scheduled later in the month, two cloud leaders are standing out this week ahead of their Q1 reports on Tuesday, May 7. Arista Networks (ANET) Arista Network’s growth as a cloud networking solutions provider has propelled its stock over +100% in the last year with ANET up +18% year to date. More intriguing a ...

Investors are always looking for stocks that are poised to beat at earnings season and Arista Networks, Inc. (ANET) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Arista is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to- date information possible — is a pretty goo ...

We are in the second-half of the first-quarter earnings season. This week is the second busiest of this reporting cycle, as more than 1,900 companies are slated to report their quarterly financial numbers. Earnings results are so far better than expected. Meanwhile, a few U.S. corporate bigwigs are set to beat on earnings this week. A handful of them currently carry a favorable Zacks Rank. The combination of a favorable Zacks Rank and an earnings beat should drive their stock prices in the near term. As of ...

In the latest trading session, Arista Networks (ANET) closed at $255.21, marking a -0.53% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.34% for the day. On the other hand, the Dow registered a gain of 0.23%, and the technology-centric Nasdaq decreased by 0.33%. The cloud networking company's shares have seen a decrease of 11.79% over the last month, not keeping up with the Computer and Technology sector's loss of 4.23% and the S&P 500's loss of 4.05%. The inve ...

ROSWELL, Ga., May 1, 2024 /PRNewswire/ -- Dispersive, a leading provider of secure networking solutions, today announced the appointment of Rahul Kashyap, a highly respected cybersecurity industry leader, to its board of directors. Kashyap brings a wealth of experience and expertise to Dispersive, further strengthening the company's position in the rapidly evolving cybersecurity landscape. Dispersive offers a revolutionary approach to networking, enabling organizations to securely connect digital applicatio ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Arista Networks (ANET) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question. Arista Networks is one of 618 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #6 in the Zacks Sector Rank. ...

eBay (EBAY) is scheduled to report its first-quarter 2024 results on May 1. The company has been benefiting from its expanding product offerings to enhance buyer and seller experience. Its growing focus across advertising, Motors Parts & Accessories, luxury goods and financial services offerings is expected to have continued driving its top-line growth in the to-be-reported quarter. Continued momentum in its advertising business, owing to strength in its cost-per-click unit and increased demand for its firs ...

经纪推荐 - 投资者通常依赖华尔街分析师的建议来决定是否买入、卖出或持有股票[1] - Arista Networks目前的平均经纪推荐（ABR）为1.80，介于1到5之间，表示强烈买入和买入之间[2] - 22家经纪公司的推荐中，有13家为强烈买入，2家为买入，强烈买入和买入分别占所有推荐的59.1%和9.1%[3] - 经纪推荐虽然建议购买Arista Networks，但仅凭此信息做出投资决策可能不明智[4] - 经纪公司对其覆盖股票的强烈正面偏见导致分析师给出积极的评级[5] - 经纪公司的利益并不总是与零售投资者的利益一致，因此这些推荐对股票未来价格走势的指导作用有限[6] Zacks Rank - Zacks Rank将股票分为五组，从Zacks Rank 1（强烈买入）到Zacks Rank 5（强烈卖出），是预测股票未来价格表现的有效指标[7] - ABR和Zacks Rank不应混淆，它们是完全不同的度量[8] - 经纪推荐是计算ABR的唯一依据，而Zacks Rank是一个量化模型，旨在利用盈利预期修订的力量[9] - 分析表明，经纪公司的分析师往往对推荐过于乐观，而Zacks Rank则受盈利预期修订的趋势强烈影响[10] - Zacks Rank的不同等级适用于所有经纪分析师提供当年盈利预期的股票[11] - ABR和Zacks Rank在新鲜度方面存在关键差异，Zacks Rank能更及时地预测未来股价[12] 盈利预期修订 - 对于Arista Networks的盈利预期修订，Zacks Consensus Estimate为当前年度增长了0.4%至7.49美元[13] - 分析师对公司盈利前景的乐观态度，以及盈利预期修订的一系列因素，导致了Arista Networks的Zacks Rank 1（强烈买入）[14]