2023-05-01 16:08:16 ET
- Arista press release ( NYSE: ANET ): Q1 Non-GAAP EPS of $1.43 beats by $0.08 .
- Revenue of $1.35B (+53.9% Y/Y) beats by $40M .
- Non-GAAP gross margin of 60.3%, compared to non-GAAP gross margin of 61.0% in the fourth quarter of 2022 and 63.9% in the first quarter of 2022
- Q2 Outlook: Revenue between $1.350 billion to $1.400 billion
- Non-GAAP gross margin of approximately 61%; and
- Non-GAAP operating margin of approximately 40%.
- Shares -3.77% .
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Arista Non-GAAP EPS of $1.43 beats by $0.08, revenue of $1.35B beats by $40M