Arista Networks grows Q3 revenues 40%

Friday 6 November 2015 | 11:39 CET | News
Arista Networks reported third-quarter revenue up 40 percent year-on-year to USD 217.5 million, better than the company's forecast of USD 208-212 million. The adjusted gross margin rose to 65.5 percent from 65.2 percent a year ago, also better than expected. Net profit increased to USD 28.7 million or 39 cents a share from USD 21.9 million or 30 cents a share a year ago. For the fourth quarter, Arista forecast revenue of USD 238-242 million and an adjusted gross margin of 62-65 percent. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Arista Networks
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Arista Networks revenue up 37% to USD 269 mln in Q2

Published 05 Aug 2016 10:53 CET | United States
Arista Networks reported second quarter revenue up 37.4 percent year-on-year to USD 268.7 million, beating its expectations and ...

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

Published 19 Feb 2016 11:20 CET | World
Arista Networks reported fourth quarter revenue up 41.5 percent year-on-year to USD 245.4 million, beating the company's guidance ...

Arista Networks grows Q2 results more than expected

Published 07 Aug 2015 10:01 CET | World
Arista Networks reported second-quarter revenue up 41.8 percent year-on-year to USD 195.6 million, better than its outlook. Its ...