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Arista Networks, Inc. (NYSE:ANET) stock was down after the company released its third-quarter earnings report after Tuesday's closing bell.
Here's a look at the details in the report.
The Details: Arista Networks reported quarterly earnings of 75 cents per share, which beat the consensus estimate of 71 cents.
Quarterly revenue of $2.3 billion beat the Street estimate of $2.25 billion.
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“Our centers of data strategy is resonating well across customers and analysts because it delivers a superior client to campus to cloud/data and AI centers experience,” said Jayshree Ullal, CEO of Arista Networks.
Outlook: For the fourth quarter, Arista Networks expects:
ANET Stock Price: According to data from Benzinga Pro, Arista Networks stock was down 10.84% at $136.90 in Tuesday's extended trading.
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Posted In: ANET