Arista Networks beats Q1 expectations, guidance light>
ZD Net – Natalie Gagliordi
Arista Networks published better-than-expected first quarter financial results on Wednesday despite a steep decline in year-over-year revenue. The networking player reported earnings of $138.4 million, or $1.73 a share, on revenue of $523 million, down 12% from a year ago. Non-GAAP earnings were $2.01 a share.Â

For the second quarter Arista said it projects revenue between $520 million and $540 million. Analysts are looking for revenue of $542 million. Shares of Arista were down over 6% after hours.
Link: https://www.zdnet.com/article/arista-networks-beats-q1-expectations-guidance-light/