Arista Networks Q2 2024 Adj. EPS $2.10 Beats $1.95 Estimate, Sales $1.690B Beat $1.651B Estimate
Portfolio Pulse from Benzinga Newsdesk
Arista Networks (NYSE:ANET) reported Q2 2024 adjusted EPS of $2.10, beating the $1.95 estimate. Sales were $1.690 billion, surpassing the $1.651 billion estimate and marking a 15.83% increase from the same period last year.
July 30, 2024 | 8:04 pm
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Arista Networks reported strong Q2 2024 earnings with an adjusted EPS of $2.10, beating estimates by 7.69%. Sales also exceeded expectations, reaching $1.690 billion, a 15.83% increase YoY.
The strong earnings and revenue beat, along with significant YoY growth, are likely to positively impact ANET's stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100