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Arista lifts revenue over 41% to USD 245.4 mln in Q4

Friday 19 February 2016 | 11:20 CET | News
Arista Networks reported fourth quarter revenue up 41.5 percent year-on-year to USD 245.4 million, beating the company's guidance of USD 238-242 million. The adjusted gross margin went lower to 64.0 percent from 67.4 percent. The net profit increased to USD 43.9 million or 60 cents per share from 31.0 million or 43 cents. For the first quarter, Arista expects revenue of USD 232-240 million and an adjusted gross margin of 62-65 percent.

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Categories: Fixed
Companies: Arista Networks
Countries: World
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