Arista Networks, Inc. (NYSE:ANET), an industry leader in data-driven, client-to-cloud networking for large AI, data center, campus and routing environments, today announced financial results for its third quarter ended September 30, 2024. Third Quarter Financial Highlights "Arista remains at the forefront of next generation centers of data across client-to-cloud and AI focused locations," said Jayshree Ullal, Chairperson and CEO of Arista Networks. "Our Q3 2024 results once again demonstrate our continued commitment to customer priorities as well as delivering strong financial results." Revenue of $1.811 billion, an increase of 7.1% compared to the second quarter of 2024, and an increas

Issued on behalf of Avant Technologies Inc. USA News Group VANCOUVER, BC, Oct. 23, 2024 /PRNewswire/ -- In the last few years, the market has witnessed a data-driven revolution, rapidly sparked by data-intensive applications like artificial intelligence. However, with the skyrocketing demand for data center capacity, so too is the strain on the electrical grid and a major hurdle slowing sustainability efforts. According to the World Economic Forum, data volumes are soaring, and the ICT sector needs to move to sustainably handle the surge. Behind the scenes are several developers working diligently to smooth out the transition into an AI-powered world, including new developments from Avant Te

Announces participation in upcoming investor events Arista Networks, Inc. (NYSE:ANET) will release its financial results for the quarter ended September 30th, 2024 after U.S. markets close on Thursday, November 7th, 2024. The results will be included in a press release with accompanying financial information that will be posted on the Investor Relations section of the Arista website at https://investors.arista.com. Arista's executive management team will host a conference call on November 7th, beginning at 1:30 p.m. PT (4:30 p.m. ET) to discuss financial results and business highlights. Interested parties may access the call by dialing (888) 330-2502 in the United States or +1 (240) 789-2

Multi-domain Network-as-a-Service spans data center, campus, and wide area networks Arista Networks (NYSE:ANET), a leading provider of cloud and AI networking solutions, today announced significant new capabilities in its CloudVision® platform, enabling a modern network operating model for customers. Arista's CloudVision dramatically simplifies operations with automation, observability and zero trust security capabilities across all enterprise networking domains, from campus to data center, WAN, and cloud. This uniform approach helps enterprises save operational expenses by removing traditional network operational silos while delivering reliable and resilient networks. "Having first deplo

HyperLight Corporation, a leading provider of thin film lithium niobate (TFLN) photonic integrated circuits (PICs), today announced a US$37 million Series B investment led by Summit Partners. The round includes participation from existing investors Xora Innovation, a deep tech venture fund backed by Temasek, and Foothill Ventures. Peter Chung, Managing Director and CEO of Summit Partners, will join HyperLight's Board of Directors. The continuing need for more bandwidth and greater power efficiency, accelerated by AI, is driving the industry's transition to next-generation photonics technology. Current PICs have performance limitations due to their material properties and have become bottle

Two-day summit unites innovators, visionaries, and industry leaders for in-depth discussions on how Ethernet and AI are shaping the future of intelligent networks and applications The Ethernet Alliance, a global consortium dedicated to the continued success and advancement of Ethernet technologies, today shared details of its upcoming Technology Exploration Forum (TEF 2024): Ethernet in the Age of AI. This pivotal event will explore how Ethernet is adapting to the demands of Artificial Intelligence (AI) and play host to meaningful discussions that will shape the future of both technologies. This press release features multimedia. View the full release here: https://www.businesswire.com/n

Arista Networks (NYSE:ANET) announced today that Alabama Fiber Network (AFN), a consortium of eight electric cooperatives, has selected Arista as its provider of routing and switching equipment for its robust middle-mile network project. This initiative delivers affordable, high-capacity and reliable internet access to last-mile providers and large enterprises throughout underserved rural areas across Alabama. AFN is spearheading a major broadband expansion supported by the State of Alabama through Governor Ivey's Be Linked Alabama initiative and the Alabama Department of Economic and Community Affairs. The project delivers an over 6,600-mile open-access, middle-mile network, reaching all

Arista Networks, Inc. (NYSE:ANET), an industry leader in data-driven, client-to-cloud 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, employees and partners for contributing to our success as we arrived at this important milestone," said Jayshree Ullal, Chairperson and CEO of Arista Networks. "Our Q2 2024 financial results demonstrate Arista's powerful combination of growth, profitability and best of breed platforms." Revenue of $1.690 b

Announces participation in upcoming investor events Arista Networks, Inc. (NYSE:ANET) will release its financial results for the quarter ended June 30th, 2024 after U.S. markets close on Tuesday, July 30th, 2024. The results will be included in a press release with accompanying financial information that will be posted on the Investor Relations section of the Arista website at https://investors.arista.com. Arista's executive management team will host a conference call on July 30th, beginning at 1:30 p.m. PT (4:30 p.m. ET) to discuss financial results and business highlights. Interested parties may access the call by dialing (888) 330-2502 in the United States or +1 (240) 789-2713 from i

Seasoned Finance Executive Joins With More Than Three Decades Working With Leading Multinational Companies Celestial AI™, creator of the Photonic Fabric™ optical interconnect technology platform, today announced the appointment of Kelyn Brannon as the company's new Chief Financial Officer (CFO) effective June 3, 2024. Ms. Brannon joins Celestial AI with more than 30 years of executive leadership experience in corporate finance and investor relations, having served as CFO at national and multinational companies. Additionally, she has successfully led three IPOs on both the NYSE and NASDAQ as CFO – Calix, Inc. (NYSE: CALX), Arista Networks (NASDAQ:ANET), as well as Astra Space (NASDAQ:AST

SC 13G/A - Arista Networks, Inc. (0001596532) (Subject)

SC 13G/A - Arista Networks, Inc. (0001596532) (Subject)

SC 13G/A - Arista Networks, Inc. (0001596532) (Subject)

SC 13G/A - Arista Networks, Inc. (0001596532) (Subject)

SC 13G/A - Arista Networks, Inc. (0001596532) (Subject)

SC 13G/A - Arista Networks, Inc. (0001596532) (Subject)

SC 13G/A - Arista Networks, Inc. (0001596532) (Subject)

SC 13G/A - Arista Networks, Inc. (0001596532) (Subject)

SC 13G/A - Arista Networks, Inc. (0001596532) (Subject)

SC 13G/A - Arista Networks, Inc. (0001596532) (Subject)

Seasoned Finance Executive Joins With More Than Three Decades Working With Leading Multinational Companies Celestial AI™, creator of the Photonic Fabric™ optical interconnect technology platform, today announced the appointment of Kelyn Brannon as the company's new Chief Financial Officer (CFO) effective June 3, 2024. Ms. Brannon joins Celestial AI with more than 30 years of executive leadership experience in corporate finance and investor relations, having served as CFO at national and multinational companies. Additionally, she has successfully led three IPOs on both the NYSE and NASDAQ as CFO – Calix, Inc. (NYSE: CALX), Arista Networks (NASDAQ:ANET), as well as Astra Space (NASDAQ:AST

ROSWELL, Ga., May 1, 2024 /PRNewswire/ -- Dispersive, a leading provider of secure networking solutions, today announced the appointment of Rahul Kashyap, a highly respected cybersecurity industry leader, to its board of directors. Kashyap brings a wealth of experience and expertise to Dispersive, further strengthening the company's position in the rapidly evolving cybersecurity landscape. Dispersive offers a revolutionary approach to networking, enabling organizations to securely connect digital applications and services across any network infrastructure. The company's patent

Strengthened leadership reflects continued focus on innovation Arista Networks (NYSE:ANET), an industry leader in data-driven, client-to-cloud networking for large data center, campus and routing environments, today announced the appointment of Chantelle Breithaupt as the company's CFO effective February 2024. Breithaupt comes to Arista with over 25 years of global financial roles. She will be joining the leadership team, having served as senior vice president and CFO of Aspen Technology (NASDAQ:AZPN). Prior to that she had executive finance roles at Cisco Systems and across four GE businesses. "I am excited to be joining Arista in this time of growth and transformation and look forwa

Wassenaar Brings More than 30 Years' Experience in Enterprise Software, Security, IoT and Cloud Leadership from Puppet, New Relic, VMware, and Accenture JFrog Ltd. ("JFrog") (NASDAQ:FROG), the Liquid Software company and creators of the JFrog DevOps Platform, today announced former Puppet CEO, Yvonne Wassenaar, will join its Board of Directors and its Compensation Committee. With over 30 years of experience in enterprise software, cybersecurity, and cloud-native technologies, Wassenaar brings to JFrog a wealth of industry expertise and go-to-market acceleration strategies that will help drive the company's advancement in the DevOps, security, and IoT markets. This press release features mu

Arista Networks, Inc. (NYSE:ANET), an industry leader in data-driven, client-to-cloud networking for large AI, data center, campus and routing environments, today announced financial results for its third quarter ended September 30, 2024. Third Quarter Financial Highlights "Arista remains at the forefront of next generation centers of data across client-to-cloud and AI focused locations," said Jayshree Ullal, Chairperson and CEO of Arista Networks. "Our Q3 2024 results once again demonstrate our continued commitment to customer priorities as well as delivering strong financial results." Revenue of $1.811 billion, an increase of 7.1% compared to the second quarter of 2024, and an increas

Announces participation in upcoming investor events Arista Networks, Inc. (NYSE:ANET) will release its financial results for the quarter ended September 30th, 2024 after U.S. markets close on Thursday, November 7th, 2024. The results will be included in a press release with accompanying financial information that will be posted on the Investor Relations section of the Arista website at https://investors.arista.com. Arista's executive management team will host a conference call on November 7th, beginning at 1:30 p.m. PT (4:30 p.m. ET) to discuss financial results and business highlights. Interested parties may access the call by dialing (888) 330-2502 in the United States or +1 (240) 789-2

Arista Networks, Inc. (NYSE:ANET), an industry leader in data-driven, client-to-cloud 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, employees and partners for contributing to our success as we arrived at this important milestone," said Jayshree Ullal, Chairperson and CEO of Arista Networks. "Our Q2 2024 financial results demonstrate Arista's powerful combination of growth, profitability and best of breed platforms." Revenue of $1.690 b

Announces participation in upcoming investor events Arista Networks, Inc. (NYSE:ANET) will release its financial results for the quarter ended June 30th, 2024 after U.S. markets close on Tuesday, July 30th, 2024. The results will be included in a press release with accompanying financial information that will be posted on the Investor Relations section of the Arista website at https://investors.arista.com. Arista's executive management team will host a conference call on July 30th, beginning at 1:30 p.m. PT (4:30 p.m. ET) to discuss financial results and business highlights. Interested parties may access the call by dialing (888) 330-2502 in the United States or +1 (240) 789-2713 from i

USA News Group News CommentaryIssued on behalf of Avant Technologies Inc. VANCOUVER, BC, May 16, 2024 /PRNewswire/ -- USA News Group News Commentary – Across the globe, the artificial intelligence (AI) data center revolution is already underway and rapidly gaining momentum. Responding to the AI industry's thirst for more data centers, private equity firms are rushing to build out the necessary infrastructure, but experts warn this thirst can't be satisfied. The rising data center demand also comes with heavier demand on electricity and mined metals such as copper. However, while new data centers are being built everywhere, several developers are improving things behind the scenes to make the

Board of Directors Authorizes Additional $1.2B Stock Repurchase Program 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 first quarter results," said Jayshree Ullal, Chairperson and CEO of Arista Networks. "As we get ready to celebrate the 10th anniversary of our IPO in June, I am pleased with our progress in the Arista 2.0 journey as seen in breakthrough innovations, customer traction and building our next generation

Announces participation in upcoming investor events Arista Networks, Inc. (NYSE:ANET) will release its financial results for the quarter ended March 31st, 2024 after U.S. markets close on Tuesday, May 7th, 2024. The results will be included in a press release with accompanying financial information that will be posted on the Investor Relations section of the Arista website at https://investors.arista.com. Arista's executive management team will host a conference call on May 7th, beginning at 1:30 p.m. PT (4:30 p.m. ET) to discuss financial results and business highlights. Interested parties may access the call by dialing (888) 330-2502 in the United States or +1 (240) 789-2713 from inte

Arista Networks, Inc. (NYSE:ANET), an industry leader in data-driven, client to cloud networking for large data center, campus and routing environments, today announced financial results for its fourth quarter and the full year ended December 31, 2023. "I am truly honored to be a part of the leadership team that will drive Arista 2.0 products and technology for enterprise, cloud and AI customers," said incoming CFO Chantelle Breithaupt. "As we enter 2024, we remain focused on satisfying their most demanding requirements with our compelling, innovative networking solutions." Full Year Financial Results Revenue of $5,860.2 million, an increase of 33.8% compared to fiscal year 2022.

Announces participation in upcoming investor events Arista Networks, Inc. (NYSE:ANET) will release its financial results for the quarter ended December 31st, 2023 after U.S. markets close on Monday, February 12th, 2024. The results will be included in a press release with accompanying financial information that will be posted on the Investor Relations section of the Arista website at https://investors.arista.com. Arista's executive management team will host a conference call on February 12th, beginning at 1:30 p.m. PT (4:30 p.m. ET) to discuss financial results and business highlights. Interested parties may access the call by dialing (888) 330-2502 in the United States or +1 (240) 789-

Arista Networks, Inc. (NYSE:ANET), an industry leader in data-driven, client to cloud networking for large data center, campus and routing environments, today announced financial results for its third quarter ended September 30, 2023. Third Quarter Financial Highlights "Arista once again delivered strong financial results in the third quarter," says Jayshree Ullal, President and CEO of Arista Networks. "Customer momentum remained strong in both enterprise and cloud/AI sectors." Revenue of $1.509 billion, an increase of 3.5% compared to the second quarter of 2023, and an increase of 28.3% from the third quarter of 2022. GAAP gross margin of 62.4%, compared to GAAP gross margin of 6

Deep-pocketed investors have adopted a bearish approach towards Arista Networks (NYSE:ANET), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ANET usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 37 extraordinary options activities for Arista Networks. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 29% leaning bullish and 48% bearish. Among these notable o

Wells Fargo analyst Aaron Rakers maintains Arista Networks (NYSE:ANET) with a Overweight and raises the price target from $340 to $390.

Arista Networks's (NYSE:ANET) short percent of float has fallen 23.97% since its last report. The company recently reported that it has 3.36 million shares sold short, which is 1.11% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.2 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short intere

Arista Networks (NYSE:ANET) has outperformed the market over the past 10 years by 24.75% on an annualized basis producing an average annual return of 35.64%. Currently, Arista Networks has a market capitalization of $105.54 billion. Buying $100 In ANET: If an investor had bought $100 of ANET stock 10 years ago, it would be worth $2,123.20 today based on a price of $336.80 for ANET at the time of writing. Arista Networks's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated

Morgan Stanley analyst Meta Marshall maintains Arista Networks (NYSE:ANET) with a Overweight and raises the price target from $325 to $355.

The Biden administration’s escalating restrictions on China’s access to high-end semiconductors and technology, along with the potential for higher tariffs under future administrations, have stirred significant concern among investors. However, amid the broad headwinds facing many companies, JPMorgan analyst Samik Chatterjee has identified a select group of tech stocks that could stand to benefit from these geopolitical tensions. 1. Flex Ltd (NASDAQ:FLEX) Flex is strategically positioned to benefit from the changing geopolitical landscape, Chatterjee notes. With heightened restrictions on China, Flex’s extensive manufacturing capabilities outside China become increasingly valuab

Keybanc analyst Steve Enders maintains Arista Networks (NYSE:ANET) with a Overweight and raises the price target from $349 to $432.

Evercore ISI Group analyst Amit Daryanani maintains Arista Networks (NYSE:ANET) with a Outperform and raises the price target from $340 to $400.

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended going for Arista Networks, Inc. (NYSE:ANET). “Jayshree Ullal [President and CEO of Arista Networks] is an amazing businessperson, and I think it's a fantastic stock,” he added. Arista Networks is expected to release its financial results for the second quarter, after the closing bell on Tuesday, July 30. Analysts expect the company to report quarterly earnings at $1.94 per share on revenue of $1.65 billion. Arista had posted earnings of $1.58 per share on revenue of $1.46 billion in the year-ago period. NIO Inc. (NYSE:NIO) is “one of those stocks where if you sell it right here, some clown will come out and be real positive