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

Issuer:     Arista Networks, Inc. (ANET)
CIK:        0001596532
Form:       8-K
Filed at:   2023-10-30T23:59:59+00:00
Accession:  0001596532-23-000272
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arista Q3 revenue $1.509B (+28.3% YoY); non-GAAP EPS $1.83; FY outlook raised to >33% growth
--------------------------------------------------------------------------------

- Revenue $1.509B (+28.3% YoY, +3.5% QoQ); GAAP EPS $1.72, non-GAAP EPS $1.83.
- GAAP gross margin 62.4%; non-GAAP gross margin 63.1%, both up YoY and QoQ.
- CFO says 2023 revenue growth outlook raised to >33% YoY (from prior guidance).
- Q4 2023 guidance: revenue $1.5B-$1.55B, non-GAAP gross margin ~63%, non-GAAP operating margin ~42%.
- Named by Spark as private telecom cloud networking provider; joined Ultra Ethernet Consortium for AI/HPC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596532/000159653223000272/0001596532-23-000272-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596532/000159653223000272/anet-20231030.htm
  HTML page:      https://secwatch.observer/filing/0001596532-23-000272

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