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Arista Networks Inc - ANET STOCK NEWS

Welcome to our dedicated news page for Arista Networks (Ticker: ANET), a resource for investors and traders seeking the latest updates and insights on Arista Networks.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Arista Networks's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Arista Networks's position in the market.

Rhea-AI Summary
Arista Networks, Inc. (ANET) announces strong financial results for Q4 and full year 2023 with impressive revenue growth and net income. The company introduces Arista 2.0 products, appoints a new CFO, and highlights advancements in networking solutions, zero trust networking, AI-driven services, and modernizing routing. Arista's financial outlook for Q1 2024 shows positive revenue expectations and strong margins.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.47%
Tags
earnings
-
Rhea-AI Summary
Arista Networks, Inc. (ANET) will release its financial results for the quarter ended December 31st, 2023, after U.S. markets close on February 12th, 2024. The executive management team will host a conference call to discuss financial results and business highlights. Additionally, Arista will participate in the Morgan Stanley Technology, Media, and Telecom Conference on March 6, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
earnings
-
News
Rhea-AI Summary
Arista Networks (ANET) appoints Chantelle Breithaupt as CFO, Andy Bechtolsheim as chief architect, and Ken Duda as CTO, with Hugh Holbrook as CDO. Breithaupt brings 25 years of global financial experience, previously serving as CFO of Aspen Technology (AZPN) and in executive finance roles at Cisco Systems and four GE businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
Tags
management
News
Rhea-AI Summary
Arista Networks (ANET) appoints Chantelle Breithaupt as CFO, Andy Bechtolsheim as chief architect, and Ken Duda as CTO, with Hugh Holbrook as CDO. Breithaupt brings 25 years of global financial experience, previously serving as CFO of Aspen Technology (AZPN) and in executive finance roles at Cisco Systems and four GE businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.25%
Tags
management
-
Rhea-AI Summary
Arista Networks (ANET) expands zero trust networking architecture through a key partnership with Zscaler, aiming to streamline workflows and enable an integrated zero trust program. The partnership accelerates the zero trust journey for organizations, using the network infrastructure to compensate for harder-to-implement zero trust controls across devices, workloads, identity, and data. Arista's suite of zero trust solutions is aligned with the CISA model, and the company's zero trust architecture integrates seamlessly with existing security programs and tools.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
Tags
none
-
Rhea-AI Summary
Arista Networks, Inc. (NYSE: ANET) announced its financial results for Q3 2023. The company reported revenue of $1.509 billion, a 3.5% increase compared to Q2 2023 and a 28.3% increase from Q3 2022. GAAP gross margin was 62.4%, compared to 60.6% in Q2 2023 and 60.3% in Q3 2022. GAAP net income was $545.3 million, or $1.72 per diluted share, compared to $354.0 million, or $1.13 per diluted share in Q3 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.03%
Tags
earnings
Rhea-AI Summary
Arista Networks announces the next generation 7130 Series for ultra-low latency switching that accelerates 25G networking.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.47%
Tags
none
-
Rhea-AI Summary
Arista Networks, Inc. will release its financial results for Q3 2023 on October 30th. They will also host a virtual 2023 Analyst Day on November 9th. Arista will participate in various investor events in November and December.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
earnings
-
Rhea-AI Summary
Arista Networks appointed as private cloud networking provider for Spark's new telco cloud network, supporting 5G rollout and offering flexibility, reliability, and scalability. Arista will utilize their switches and platforms for data-intensive workloads and data center interconnectivity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
Tags
none
Rhea-AI Summary
Arista Networks announces record revenue and profitability for Q2 2023, with revenue of $1.459 billion, an increase of 8.0% compared to Q1 2023 and 38.7% from Q2 2022. GAAP net income of $491.9 million, or $1.55 per diluted share, compared to $299.1 million, or $0.94 per diluted share in Q2 2022. Non-GAAP net income of $501.2 million, or $1.58 per diluted share, compared to $342.7 million, or $1.08 per diluted share in Q2 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.68%
Tags
earnings
Arista Networks Inc

NYSE:ANET

ANET Rankings

ANET Stock Data

89.96B
254.80M
18.57%
70.34%
1.15%
Custom Computer Programming Services
Professional, Scientific, and Technical Services
Link
US
Santa Clara

About ANET

arista networks was founded to pioneer and deliver software-driven cloud networking solutions for large data center storage and computing environments. arista’s award-winning platforms, ranging in ethernet speeds from 10 to 100 gigabits per second, redefine scalability, agility and resilience. arista has shipped more than five million cloud networking ports worldwide with cloudvision and eos, an advanced network operating system. committed to open standards, arista is a founding member of the 25/50gbe consortium. arista networks products are available worldwide directly and through partners. additional information and resources can be found at: http://www.arista.com http://www.twitter.com/aristanetworks https://www.facebook.com/aristanw