secwatch.observer — SEC 8-K summary
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Issuer:     Arista Networks, Inc. (ANET)
CIK:        0001596532
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001596532-24-000366
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

ANET Q3 rev $1.81B (+20% YoY), GAAP EPS $2.33, non-GAAP $2.40; board approves 4-for-1 split
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- Q3 revenue $1.811B (+20% YoY, +7.1% QoQ); non-GAAP gross margin 64.6% (vs 63.1% YoY).
- GAAP EPS $2.33, non-GAAP EPS $2.40; vs $1.72 and $1.83 respectively in Q3 2023.
- Q4 guidance: revenue $1.85–1.90B, non-GAAP gross margin 63–64%, operating margin ~44%.
- Board approves 4-for-1 forward stock split; record date Dec 3, split-adjusted trading starts Dec 4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596532/000159653224000366/0001596532-24-000366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596532/000159653224000366/anet-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001596532-24-000366

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