Arista (ANET) Beats Q1 Earnings Estimates on Solid Revenues
ANETArista(ANET) Zacks Investment Research·2024-05-08 21:01

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 IncomeGAAP net income in the reported quarter improved to $637.7 millio ...