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Arista Networks Posts Higher Q2 Earnings, Revenue; Issues Q3 Revenue Outlook

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Stock-hk.com

$Arista Networks(ANET.US)$reported Q2 earnings Monday of $1.08 per diluted share, up from $0.68 a year ago.

Analysts polled by Capital IQ expected $0.92.

Revenue for the quarter ended June 30 was $1.05 billion, compared with $707.3 million a year earlier.

Analysts polled by Capital IQ projected $979.5 million.

For Q3, the company expects revenue to range between $1.03 billion and $1.08 billion. Analysts call for $996.2 million.

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