Arista Q3 revenue up 23.7% YoY to $748.7M; announces 4:1 stock split and $1B buyback

Arista Networks, Inc.

2021-Q3 EPS reported $7.54 revenue$2,123,578,000

GAAP EPS $2.81 vs $2.12 YoY; non-GAAP EPS $2.96 vs $2.42 YoY; revenue $748.7M up 23.7% YoY.
Non-GAAP gross margin 64.9%; Q4 guidance: revenue $775-795M, non-GAAP gross margin 63-65%, operating margin ~37%.
4-for-1 stock split; record date Nov 11, 2021; trading on split-adjusted basis on or about Nov 18.
Board authorized additional $1B for share repurchase program.

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