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Earnings Fallout

May 3, 2019May 3, 2019 ~ Patrick Walsh

Arista Networks reported $2.26 per share on revenue of $595.4 M beating estimates of $2.07 per share on revenue of $594.2 M. Revenue rose 26% year over year. All well and good on the earnings, but then they lowered guidance. Second quarter revenue is now expected between $600-610 M, barely rising over first quarter and … Continue reading Earnings Fallout

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