{"schema_version":"secwatch.filing_event.v1","accession":"0001596532-23-000196","form_type":"8-K","ticker":"ANET","cik":"0001596532","company_name":"Arista Networks, Inc.","filed_at":"2023-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.482380+00:00","generated_at":"2026-06-12T22:02:42.502231+00:00","sec_items":["2.02","9.01","5.02"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Arista Q2 revenue $1.46B up 38.7% YoY; CFO Ita Brennan to retire in 2024","bullets":["Q2 GAAP EPS $1.55, non-GAAP EPS $1.58; record revenue and profitability.","Q3 guidance: revenue $1.45-$1.50B, non-GAAP gross margin ~62%, op margin ~41%.","CFO Ita Brennan retiring in 2024 after replacement hired; no disagreement with company.","Cumulative cloud networking ports shipped exceed 75 million.","FY2023 revenue growth outlook raised to >30% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001596532-23-000196","json":"https://secwatch.observer/filing/0001596532-23-000196.json","markdown":"https://secwatch.observer/filing/0001596532-23-000196.md","text":"https://secwatch.observer/filing/0001596532-23-000196.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1596532/000159653223000196/0001596532-23-000196-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1596532/000159653223000196/anet-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T22:02:42.502231+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7c683d987979c375d45afa4cbda7c9b9bdc2e383","claim":"Arista Networks, Inc. reported its second quarter ended June 30, 2023 results: revenue $1.459 billion, net income $491.9 million, or $1.55 per diluted share, EPS $1.55 per diluted share. Guidance raised.","evidence_excerpt":"President and CEO of Arista Networks. “Our customers now represent more than 75 million cumulative cloud networking ports.” Second Quarter Financial Highlights • Revenue of $1.459 billion, an increase of 8.0% compared to the first quarter of 2023, and an increase of 38.7% from the second quarter of 2022. • GAAP gross margin of 60.6%, compared to GAAP gross margin","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1596532/000159653223000196/0001596532-23-000196-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"its second quarter ended June 30, 2023"},{"label":"Revenue","value":"$1.459 billion"},{"label":"Net income","value":"$491.9 million, or $1.55 per diluted share"},{"label":"EPS","value":"$1.55 per diluted share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ca82fce32a","claim":"Ita Brennan departed as Senior Vice President, Chief Financial Officer at Arista Networks, Inc..","evidence_excerpt":"On July 27, 2023, Ita Brennan, the Company’s Senior Vice President, Chief Financial Officer, notified the Company of her intention to retire in 2024, effective after the Company has hired her replacement to ensure a smooth and orderly transition of her responsibilities.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1596532/000159653223000196/0001596532-23-000196-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"notified intention to retire"},{"label":"Role","value":"Senior Vice President, Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}