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Arista Networks Inc (ANET.N)

ANET.N on New York Stock Exchange

255.94USD
24 May 2019
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$1.56 (+0.61%)
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Latest Key Developments (Source: Significant Developments)

Arista Networks Reports Q1 Non-GAAP Earnings Per Share $2.31
Friday, 3 May 2019 

May 2 (Reuters) - Arista Networks Inc ::ARISTA NETWORKS, INC. REPORTS FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 NON-GAAP EARNINGS PER SHARE $2.31.Q1 GAAP EARNINGS PER SHARE $2.47.Q1 REVENUE $595.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $594.9 MILLION.SEES Q2 2019 REVENUE $600 MILLION TO $610 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $2.07 -- REFINITIV IBES DATA.AUTHORIZED A $1.0 BILLION STOCK REPURCHASE PROGRAM.REPURCHASE PROGRAM EXPIRES IN APRIL 2022.SEES Q2 NON-GAAP GROSS MARGIN BETWEEN 64% TO 65%.SEES Q2 NON-GAAP OPERATING MARGIN OF APPROXIMATELY 36%.  Full Article

Arista Networks Says ‍On March 23, Administrative Law Judge At International Trade Commission Issued A Recommended Determination​
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Arista Networks Inc ::ARISTA NETWORKS SAYS ‍ON MARCH 23, ADMINISTRATIVE LAW JUDGE AT INTERNATIONAL TRADE COMMISSION ISSUED A RECOMMENDED DETERMINATION - SEC FILING​.ARISTA NETWORKS INC - ‍ITC ISSUED RD IN ITC 945 MODIFICATION PROCEEDING INITIATED BY CISCO SYSTEMS, AGAINST ARISTA NETWORKS.ARISTA NETWORKS - ‍ALJ FOUND CO'S REDESIGNED PRODUCTS DO NOT INFRINGE UNITED STATES PATENT NO. 6,377,577 & DO INFRINGE UNITED STATES PATENT NO. 7,224,668​.ARISTA NETWORKS INC - ‍BOTH PATENT TRIAL & APPEAL BOARD AND FEDERAL CIRCUIT DETERMINED '668 PATENT TO BE UNPATENTABLE ON ALL RELEVANT CLAIMS​.ARISTA NETWORKS INC - ‍ALJ SUPPORTED SUSPENSION OF REMEDIES CONCERNING '668 PATENT PENDING COMPLETION OF CISCO'S APPEALS OF DECISION​.  Full Article

Arista Networks Posts Q4 Adj. Earnings Per Share $1.71
Friday, 16 Feb 2018 

Feb 15 (Reuters) - Arista Networks Inc ::ARISTA NETWORKS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $1.71.Q4 GAAP EARNINGS PER SHARE $1.29.Q4 REVENUE ROSE 42.7 PERCENT TO $467.9 MILLION.SEES Q1 REVENUE BETWEEN $450 AND $468 MILLION.SEES Q1 NON-GAAP GROSS MARGIN BETWEEN 63% TO 65%.SEES Q1 NON-GAAP OPERATING MARGIN OF APPROXIMATELY 32%.Q4 EARNINGS PER SHARE VIEW $1.41, REVENUE VIEW $453.3 MILLION -- THOMSON REUTERS I/B/E/S.Q1 REVENUE VIEW $457.9 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Arista Networks Q3 non-gaap earnings per share $1.62
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Arista Networks Inc :Arista networks, inc. Reports third quarter 2017 financial results.Q3 non-gaap earnings per share $1.62.Q3 gaap earnings per share $1.68.Q3 revenue $437.6 million versus i/b/e/s view $418.5 million.Q3 earnings per share view $1.19 -- Thomson Reuters I/B/E/S.Arista networks inc sees ‍q4 2017 revenue between $450 million and $464 million​.  Full Article

Arista Networks says International Trade Commission issued notice in connection with investigation no. 337-Ta-944
Monday, 7 Aug 2017 

Aug 7 (Reuters) - Arista Networks Inc :Arista Networks says on Aug 4, International Trade Commission issued notice in connection with investigation no. 337-Ta-944 - SEC filing.Arista Networks Inc - For three of patents ('164, '597 and '296), Cisco's accusations were either dropped or rejected by ITC.Arista Networks - ITC notice stated that it would be the reviewing administrative law judge's enforcement initial determination in its entirety.Arista Networks Inc - On July 3, 2017, parties filed petitions for review of certain findings in enforcement initial determination.Arista Networks - ITC notice instructs ALJ to issue an initial determination by September 4, 2017 setting a new target date for the final determination.Arista Networks Inc - Administrative law judge's initial determination finding that Arista's redesigned products do not infringe '537 patent.Arista Networks Inc - U.S. Customs and border protection has found in 2 separate proceedings that Arista's redesigned products do not infringe patent.Arista Networks-Commission's notice remands investigation to ALJ, instructs ALJ to conduct additional proceedings he deems necessary, issue a remand EID.  Full Article

Arista Networks Q2 GAAP earnings per share $1.30
Friday, 4 Aug 2017 

Aug 3 (Reuters) - Arista Networks Inc :Arista Networks, Inc. reports second quarter 2017 financial results.Q2 non-GAAP earnings per share $1.34.Q2 GAAP earnings per share $1.30.Q2 revenue $405.2 million versus I/B/E/S view $360.4 million.Q2 earnings per share view $0.95 -- Thomson Reuters I/B/E/S.Arista Networks Inc - sees Q3 ‍ revenue between $405 million and $420 million​.  Full Article

Arista Networks says co announced completion of presidential review period for international trade commission investigation - SEC Filing
Wednesday, 5 Jul 2017 

July 5 (Reuters) - Arista Networks Inc :Arista Networks Inc - On July 5, co announced completion of presidential review period for international trade commission investigation - SEC Filing.Arista Networks - Commission issued final determination in investigation on May 5 finding co's ethernet switching products did not violate Tariff Act.Arista Networks - U.S. trade representative did not disapprove ITC's final determination,limited exclusion order,cease and desist order now in full effect.Arista Networks Inc - Arista is barred from importing and selling infringing covered products in United States.  Full Article

Arista says Administrative Law Judge Endorses co's Redesign in ITC Initial Determination
Wednesday, 21 Jun 2017 

June 21 (Reuters) - Arista Networks Inc ::International Trade Commission issued an Initial Determination in ITC enforcement proceeding brought by Cisco Systems against Arista.In ID, ALJ found co's sale of its redesigned switch products does not violate cease and desist order issued by ITC.  Full Article