Arista Networks shares are trading higher after the company on Monday reported better-than-expected Q3 financial results and issued Q4 revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Arista Networks reported better-than-expected Q3 financial results and issued Q4 revenue guidance above estimates, leading to a rise in its share prices.
November 01, 2023 | 5:35 pm
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Arista Networks' Q3 results surpassed expectations and the company provided a higher Q4 revenue guidance, which has positively impacted its stock price.
Arista Networks' better-than-expected Q3 results and higher Q4 revenue guidance indicate strong financial performance, which is a positive signal to investors and can lead to an increase in stock price.
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