0
Broadband

Arista Networks sales growth accelerates to 31% in Q2

Tuesday 3 August 2021 | 10:43 CET | News
Arista Networks reported an acceleration in second-quarter sales growth to 31 percent on an annual basis, leading to total revenues of USD 707 million, better than its guidance. The adjusted gross margin improved to 65.2 percent from 64.7 percent a year ago, also better than forecast, and net profit rose to USD 197 million from USD 145 million a year ago. 

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.

Subscriptions

Already registered?



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.


Related

Arista to build national campus network for Australian Securities Exchange

Published 08 Sep 2021 09:27 CET | Australia
Arista Networks has been selected to build a new cognitive campus networking environment for the Australian Securities Exchange ...

Arista extends cloud-grade routing to network edge

Published 25 Aug 2021 09:38 CET | World
Arista Networks announced the expansion of its cloud-grade routing products for next-generation network edge roles in the ...

Arista Networks launches sub-100ns switch for financial services

Published 19 May 2021 10:25 CET | World
Arista Networks said it launched SwitchApp for Arista 7130, a new ultra-low latency switch that cuts latency to less than a third ...

Arista Networks lifts revenues 28% in Q1, beating expectations

Published 05 May 2021 09:22 CET | World
Arista Networks reported higher-than-expected revenues for the first quarter, helped by the company's focus on its cognitive ...

Arista Networks adds new automation capabilities to CloudVision

Published 08 Apr 2021 12:05 CET | World
Arista Networks has announced the launch of the new CloudVision 2021 software platform with new automation capabilities. The new ...

Arista Networks reports Q4 revenue growth of 17%

Published 19 Feb 2021 10:59 CET | World
Arista Networks said revenues for the fourth quarter reached USD 648.5 million, up 17.4 percent from the year before and better ...