Arista Networks (NYSE:ANET) reported its Q2 earnings results on Monday, August 1, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Arista Networks beat estimated earnings by 18.68%, reporting an EPS of $1.08 versus an estimate of $0.91.
Revenue was up $344.68 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 3.58% drop in the share price the next day.
Here’s a look at Arista Networks’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.81 | 0.73 | 0.68 | 0.64 |
| EPS Actual | 0.84 | 0.82 | 0.74 | 0.68 |
| Revenue Estimate | 854.22M | 789.10M | 737.94M | 687.32M |
| Revenue Actual | 877.07M | 824.46M | 748.70M | 707.32M |
To track all earnings releases for Arista Networks visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
