Tag: $Arista Networks

 Arista Networks forecast second-quarter revenue above Wall Street estimates on Tuesday, anticipating higher demand for its cloud networking gear from a boom in artificial intelligence applications and chips.

 Cloud networking solutions provider Arista Networks forecast current-quarter adjusted gross margin below market expectations on Monday, overshadowing its quarterly profit beat and sending its shares down around 6% in extended trading.

Arista Networks logged higher top- and bottom-line results in the latest quarter, signaling that demand for cloud and artificial-intelligence offerings remains strong.