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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. 

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Categories: Fixed
Companies: Arista Networks
Countries: World
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