Arista Networks (ANET) Upgraded to Strong Buy: Here's What You Should Know
Arista Networks (ANET) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Arista Networks, Inc. (ANET) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Arista Networks (ANET). This makes it worthwhile to examine what the stock has in store.
3 Standout Stocks of This Week's Busy Earnings Lineup
In the most anticipated week of the Q2 earnings season, several top-rated Zacks stocks are standing out after exceeding their quarterly top and bottom line expectations on Tuesday.
An Earnings Beat and an Upbeat AI Outlook Lifted Arista Networks Stock
Arista Networks (ANET) shares finished Wednesday up 11% after the cloud networking giant reported better-than-expected earnings and raised its outlook.
Arista Networks Q2: Expansion Into Etherlink AI And Security Networks
Arista Networks, Inc. upgraded to “Strong Buy” in my previous article published in March 2024. The company beats market expectations with mid-teen revenue growth driven by data center and AI investments. Expansion into Etherlink AI and security networks is crucial for future growth, despite competition risks from Nvidia's InfiniBand.
Why Arista Networks Stock Is Soaring Today
Arista Networks' networking technology is proving invaluable to AI data centers. Artificial intelligence-related revenue, in fact, is the chief reason this company was able to top its Q2 estimates.
Arista's (ANET) Q2 Earnings Beat on Solid Top-Line Growth
Innovative product launches and steady customer additions backed by the best-in-class portfolio strength help Arista (ANET) to beat second-quarter 2024 earnings estimates.
Arista Networks, Inc. (ANET) Q2 2024 Earnings Call Transcript
Arista Networks, Inc. (NYSE:ANET ) Q2 2024 Earnings Conference Call July 30, 2024 4:30 PM ET Company Participants Liz Stine - Director of Investor Relations Jayshree Ullal - Chairperson & Chief Executive Officer Ashwin Kohli - Chief Customer Officer Chantelle Breithaupt - Chief Financial Officer Conference Call Participants Michael Ng - Goldman Sachs Aaron Rakers - Wells Fargo Meta Marshall - Morgan Stanley Atif Malik - Citi Antoine Chkaiban - New Street Research Amit Daryanani - Evercore ISI Tal Liani - Bank of America George Notter - Jefferies Samik Chatterjee - JPMorgan Karl Ackerman - BNP Paribas Ben Bollin - Cleveland Research Company Alex Henderson - Needham James Fish - Piper Sandler Ittai Kidron - Oppenheimer Simon Leopold - Raymond James Tim Long - Barclays Sebastian Naji - William Blair David Vogt - UBS Operator Welcome to the Second Quarter 2024 Arista Networks Financial Results Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded and will be available for replay from the Investor Relations section at the Arista website following this call.
Arista Networks (ANET) Surpasses Q2 Earnings and Revenue Estimates
Arista Networks (ANET) came out with quarterly earnings of $2.10 per share, beating the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $1.58 per share a year ago.
Arista Networks forecasts quarterly revenue above estimates on AI boom
Arista Networks forecast third-quarter revenue above Wall Street estimates on Tuesday, anticipating strong demand for its networking gear from cloud computing companies and artificial intelligence applications.
Arista Earnings, Revenue Top Estimates Amid Tech Stock Sell-Off
Arista reported Q2 earnings and revenue that topped analyst estimates but the size of the beat and guidance may have left some investors underwhelmed.
3 Large Data Stocks to Buy for the Booming AI Era
The artificial intelligence era is proving to be quite lucrative for big data companies. In addition to providers of data storage services, firms that specialize in analyzing huge amounts of unstructured data are getting a big boost from the proliferation of AI.
