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Arista Networks shares gain on sales, earnings beat and strong guidance

Arista Networks Inc. advanced in the extended session Monday after the networking company reported second-quarter results that topped Wall Street’s estimates. Shares of Arista Networks Inc. (ANET) rose about 5% after ending Monday’s session up 0.84%, to $117.61. “In Q2 2022, we achieved our first billion-dollar revenue quarter, despite the challenges of an uncertain supply-chain environment,” said Arista Networks CEO Jayshree Ullal, in a statement. Read More...

Arista Networks Inc. advanced in the extended session Monday after the networking company reported second-quarter results that topped Wall Street’s estimates. Shares of Arista Networks Inc. (ANET) rose about 5% after ending Monday’s session up 0.84%, to $117.61. “In Q2 2022, we achieved our first billion-dollar revenue quarter, despite the challenges of an uncertain supply-chain environment,” said Arista Networks CEO Jayshree Ullal, in a statement.

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