Arista Networks 3Q Profit, Sales Rise

By Katherine Hamilton

Arista Networks had higher profit and revenue in the third quarter, and expects growth to continue in the current quarter.

The cloud services company on Tuesday posted a profit of $853 million, or 67 cents a share, in the quarter ended Sept. 30, compared with $748 million, or 58 cents a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings were 75 cents, ahead of the 72 cents anticipated by analysts, according to FactSet.

Revenue rose 27% to $2.31 billion. Analysts surveyed by FactSet forecast revenue of $2.26 billion.

For the current fourth quarter, Arista expects revenue to be $2.3 billion to $2.4 billion, while analysts are expecting $2.33 billion.

Write to Katherine Hamilton at [e-mail]

(END) Dow Jones Newswires

11-04-25 1650ET