Arista Networks: Q2 Earnings Insights

Arista Networks ANET reported its Q2 earnings results on Monday, August 1, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Arista Networks beat estimated earnings by 18.68%, reporting an EPS of $1.08 versus an estimate of $0.91.

Revenue was up $344.68 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 3.58% drop in the share price the next day.

Here's a look at Arista Networks's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.81	0.73	0.68	0.64
EPS Actual	0.84	0.82	0.74	0.68
Revenue Estimate	854.22M	789.10M	737.94M	687.32M
Revenue Actual	877.07M	824.46M	748.70M	707.32M

To track all earnings releases for Arista Networks visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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