Benzinga | May 4, 2021 04:21PM EDT

Arista Networks Q1 Adj. EPS $2.50 Beats $2.38 Estimate, Sales $667.56M Beat $642.12M Estimate; Sees Q2 Sales $675M-$695M vs $650M Est.

Arista Networks (NYSE:ANET) reported quarterly earnings of $2.50 per share which beat the analyst consensus estimate of $2.38 by 5.04 percent. This is a 23.76 percent increase over earnings of $2.02 per share from the same period last year. The company reported quarterly sales of $667.56 million which beat the analyst consensus estimate of $642.12 million by 3.96 percent. This is a 27.63 percent increase over sales of $523.03 million the same period last year.