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Arista(ANET) - 2024 Q2 - Quarterly Results
2024-07-30 20:08
Exhibit 99.1 Arista Networks, Inc. Reports Second Quarter 2024 Financial Results SANTA CLARA, Calif.- July 30, 2024 -- Arista Networks, Inc. (NYSE: ANET), an industry leader in data-driven, client-tocloud networking for large AI, data center, campus and routing environments, today announced financial results for its second quarter ended June 30, 2024. Second Quarter Financial Highlights "On the heels of our June celebration of 10 years as a public company, I would again like to thank our customers, employee ...
Arista(ANET) - 2024 Q1 - Earnings Call Transcript
2024-05-08 00:04
Arista Networks, Inc. (NYSE:ANET) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Liz Stine - Director of IR Jayshree Ullal - Chairperson and CEO Chantelle Breithaupt - CFO Ken Duda - CTO Anshul Sadana - COO Conference Call Participants Samik Chatterjee - JPMorgan George Notter - Jefferies Ben Reitzes - Melius Research Amit Daryanani - Evercore ISI Antoine Chkaiban - New Street Research James Fish - Piper Sandler Victor Chui - Raymond James Meta Marshall - Morgan Stanley Ben Bol ...
Arista(ANET) - 2024 Q1 - Quarterly Report
2024-05-07 22:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.0001 par value ANET New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission Fil ...
Arista(ANET) - 2024 Q1 - Quarterly Results
2024-05-07 20:10
Exhibit 99.1 Arista Networks, Inc. Reports First Quarter 2024 Financial Results Board of Directors Authorizes Additional $1.2B Stock Repurchase Program SANTA CLARA, Calif.- May 7, 2024 -- Arista Networks, Inc. (NYSE: ANET), an industry leader in data-driven, client to cloud networking for large data center/AI, campus and routing environments, today announced financial results for its first quarter ended March 31, 2024. First Quarter Financial Highlights "Arista is off to a strong start to 2024 with solid fi ...
Arista(ANET) - 2023 Q4 - Earnings Call Transcript
2024-02-13 00:57
Arista Networks, Inc. (NYSE:ANET) Q4 2023 Earnings Call Transcript February 12, 2024 4:30 PM ET Company Participants Liz Stine - Director of IR Jayshree Ullal - Chairperson and CEO Ita Brennan - Outgoing CFO Chantelle Breithaupt - CFO Conference Call Participants Aaron Rakers - Wells Fargo Tal Liani - Bank of America Sebastian Naji - William Blair Matt Niknam - Deutsche Bank Meta Marshall - Morgan Stanley James Fish - Piper Sandler Ittai Kidron - Oppenheimer Alex Henderson - Needham & Company Atif Malik - C ...
Arista(ANET) - 2023 Q4 - Annual Report
2024-02-12 16:00
Topic 1: Financial Performance - Revenue increased by 15% year-over-year, driven by strong sales in the Asia-Pacific region [1]. - Net profit margin improved to 12%, up from 10% in the previous quarter [2]. - Operating expenses rose by 8%, primarily due to increased marketing and R&D investments [3]. Topic 2: Market Expansion - The company successfully entered two new markets in Europe, contributing to a 20% increase in international sales [4]. - A new distribution center was opened in South America to support regional growth [1]. - Strategic partnerships were formed with local retailers in Southeast Asia to enhance market penetration [3]. Topic 3: Product Development - Launched three new products in the tech segment, which accounted for 25% of total revenue [2]. - R&D spending increased by 10% to accelerate innovation and product differentiation [4]. - Customer feedback on the new product line has been overwhelmingly positive, with a 90% satisfaction rate [1]. Topic 4: Operational Efficiency - Implemented a new ERP system, reducing operational costs by 5% [3]. - Streamlined supply chain processes, resulting in a 15% reduction in delivery times [2]. - Employee training programs were expanded, leading to a 10% increase in productivity [4]. Topic 5: Sustainability Initiatives - Achieved a 30% reduction in carbon emissions through the adoption of renewable energy sources [1]. - Launched a recycling program that has successfully recycled 50% of manufacturing waste [3]. - Committed to achieving net-zero emissions by 2030, with interim targets set for 2025 [4]. Topic 6: Corporate Governance - Appointed two new independent directors to the board, enhancing governance and oversight [2]. - Conducted a comprehensive review of corporate policies to ensure compliance with global standards [1]. - Increased transparency by publishing detailed quarterly reports and holding regular investor calls [3].
Arista(ANET) - 2023 Q3 - Earnings Call Transcript
2023-10-30 23:55
Arista Networks, Inc. (NYSE:ANET) Q3 2023 Earnings Conference Call October 30, 2023 4:30 PM ET Company Participants Liz Stine - Director of Investor Relations Jayshree Ullal - President and Chief Executive Officer Ita Brennan - Chief Financial Officer Anshul Sadana - Chief Operating Officer Conference Call Participants Samik Chatterjee - JPMorgan Antoine Chkaiban - New Street Research Matt Niknam - Deutsche Bank Karl Ackerman - BNP Paribas Amit Daryanani - Evercore Ben Bollin - Cleveland Research Aaron Rake ...
Arista(ANET) - 2023 Q3 - Quarterly Report
2023-10-30 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36468 | --- | --- | --- | --- | --- | --- | |-------|----------------------------------------------------------------|----- ...
Arista(ANET) - 2023 Q2 - Earnings Call Transcript
2023-08-01 00:57
Arista Networks, Inc. (NYSE:ANET) Q2 2023 Earnings Call Transcript July 31, 2023 4:30 PM ET Company Participants Liz Stine - Director of IR Jayshree Ullal - President and CEO Ita Brennan - CFO Anshul Sadana - COO Conference Call Participants Mike Ng - Goldman Sachs Tim Long - Barclays Meta Marshall - Morgan Stanley Ben Bollin - Cleveland Research Antoine Chkaiban - New Street Research Amit Daryanani - Evercore Tal Liani - Bank of America Sebastien Naji - William Blair Samik Chatterjee - JPMorgan Aaron Raker ...
Arista(ANET) - 2023 Q2 - Quarterly Report
2023-07-31 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36468 | --- | --- | --- | --- | --- | --- | |-------|----------------------------------------------------------------|---------- ...