secwatch.observer — SEC 8-K summary
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Issuer:     Arista Networks, Inc. (ANET)
CIK:        0001596532
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001596532-25-000103
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01, 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Arista Q1 revenue $2.005B (+27.6% YoY), GAAP EPS $0.64; $1.5B buyback authorized
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- Revenue $2.005B (+27.6% YoY, +3.9% QoQ); GAAP net income $813.8M, diluted EPS $0.64.
- Non-GAAP net income $826.2M, diluted EPS $0.65; non-GAAP gross margin 64.1%.
- Q2 guidance: revenue ~$2.1B, non-GAAP gross margin ~63%, non-GAAP operating margin ~46%.
- Board authorized an additional $1.5B stock repurchase program; Q1 repurchases of $787M (highest ever).
- General Counsel Marc Taxay resigning eff. May 7; Deputy GC Sean Christofferson promoted to GC eff. May 8.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596532/000159653225000103/0001596532-25-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596532/000159653225000103/anet-20250501.htm
  HTML page:      https://secwatch.observer/filing/0001596532-25-000103

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