Thursday, November 5, 2015

Arista Posts Revenue of $217.5 million, up 40% YoY

Arista Networks reported Q3 revenue of $217.5 million, an increase of 40% compared to the third quarter of 2014, and an increase of 11% from the second quarter of 2015.
Gross margin (GAAP) came in at 65.2%, compared to GAAP gross margin of 64.9% in the third quarter of 2014 and 65.4% in the second quarter of 2015. GAAP net income was $28.7 million, or $0.39 per diluted share, compared to GAAP net income of $21.9 million, or $0.30 per diluted share, in the third quarter of 2014.

"Arista is witnessing the mainstream acceptance of open and programmable cloud networking across the globe,” stated Jayshree Ullal, Arista President and CEO. “I am delighted by our customer traction across four major verticals and our consistent profitable revenue growth."

http://investors.arista.com/company/investors-relations/investors-home/default.aspx


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