Arista reports Q4 revenue $824.5M (+27% YoY); non-GAAP EPS $0.82, guides Q1 rev $840-860M

Arista Networks, Inc.

2021-FY EPS reported $2.63 revenue$2,948,037,000

Q4 revenue $824.5M, up 27.1% YoY and 10.1% sequentially; GAAP net income $239.3M ($0.75 EPS).
Full year revenue $2.95B, up 27.2% YoY; GAAP net income $840.9M ($2.63 EPS) vs $634.6M in 2020.
Non-GAAP Q4 EPS $0.82 vs $0.62 a year ago; non-GAAP gross margin 64.3%.
Q1 2022 guidance: revenue $840M-$860M, non-GAAP gross margin 63%-64%, operating margin ~38%.
CFO notes first billion-dollar cash flow year; CEO highlights record milestones in innovation and diversification.

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