secwatch.observer — SEC 8-K summary
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Issuer:     Arista Networks, Inc. (ANET)
CIK:        0001596532
Form:       8-K
Filed at:   2024-02-12T23:59:59+00:00
Accession:  0001596532-24-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arista Networks Q4 revenue $1.54B (+20.8% YoY), non-GAAP EPS $2.08; appoints new CFO
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- Q4 revenue $1,540.4M (+20.8% YoY); GAAP net income $613.6M ($1.92 diluted EPS), non-GAAP $664.3M ($2.08).
- FY2023 revenue $5,860.2M (+33.8% YoY); non-GAAP net income $2,199.4M ($6.94 diluted EPS).
- Q1 2024 guidance: revenue $1.52-1.56B, non-GAAP gross margin ~62%, operating margin ~42%.
- Chantelle Breithaupt appointed CFO effective February 2024, succeeding outgoing CFO Ita Brennan.
- GAAP gross margin improved to 64.9% in Q4 from 60.3% a year ago; non-GAAP gross margin 65.4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596532/000159653224000041/0001596532-24-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596532/000159653224000041/anet-20240212.htm
  HTML page:      https://secwatch.observer/filing/0001596532-24-000041

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