secwatch.observer — SEC 8-K summary
======================================

Issuer:     Arista Networks, Inc. (ANET)
CIK:        0001596532
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0001596532-23-000101
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arista Q1 revenue $1.351B (+54% YoY); non-GAAP EPS $1.43 beats $0.84 YoY
------------------------------------------------------------------------

- Revenue of $1.351B, up 54.1% YoY and 5.9% sequentially.
- GAAP net income $436.5M ($1.38 diluted EPS) vs $272.3M ($0.85) YoY.
- Non-GAAP net income $452.5M ($1.43 diluted EPS) vs $268.5M ($0.84) YoY.
- Q2 guidance: revenue $1.35-1.4B, non-GAAP gross margin ~61%, non-GAAP operating margin ~40%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596532/000159653223000101/0001596532-23-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596532/000159653223000101/anet-20230501.htm
  HTML page:      https://secwatch.observer/filing/0001596532-23-000101

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