earnings
confidence high
sentiment positive
materiality 0.75
Arista Q1 revenue $877M (+31% YoY); EPS $0.85; guides Q2 $950M-$1B
Arista Networks, Inc.
2022-Q1 EPS reported
$0.85
revenue$877,066,000
- Revenue $877.1M, up 31.4% YoY and 6.4% QoQ; GAAP diluted EPS $0.85 vs $0.57 a year ago.
- Non-GAAP diluted EPS $0.84 vs $0.62 YoY; non-GAAP gross margin 63.9% vs 64.7%.
- Q2 2022 guidance: revenue $950M-$1.0B; non-GAAP gross margin 60-62%; operating margin ~37-38%.