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.

Earnings

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.

Past Earnings Performance

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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