secwatch.observer — SEC 8-K summary
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Issuer:     Arista Networks, Inc. (ANET)
CIK:        0001596532
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0001596532-22-000218
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arista reports Q2 revenue $1.05B (+49% YoY); first billion-dollar quarter; GAAP EPS $0.94
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- Q2 revenue $1.052B, up 48.7% YoY; GAAP net income $299.1M ($0.94 diluted EPS); non-GAAP EPS $1.08.
- GAAP gross margin 61.2% vs 64.2% YoY; Non-GAAP gross margin 61.9% vs 65.2% YoY.
- Q3 guidance: revenue $1.025-1.075B; non-GAAP gross margin 60-62%; non-GAAP operating margin ~39%.
- Acquired Pluribus Networks (unified cloud fabrics); financial terms not disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596532/000159653222000218/0001596532-22-000218-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596532/000159653222000218/anet-20220801.htm
  HTML page:      https://secwatch.observer/filing/0001596532-22-000218

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer