Arista Stock Surges After Q4 Beat, Q1 Sales Outlook Tops Estimates
Arista Networks, Inc. (NYSE:ANET) shares are trading higher Friday after the company reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates on Thursday after the market closed.Arista Networks shares are climbing with conviction. What’s fueling ANET momentum?Fourth-Quarter Performance And OutlookArista reported adjusted earnings per share of 82 cents, beating the consensus estimate of 76 cents. In addition, the company reported revenue of $2.48 ...