Last $86.13 USD
Change Today +2.62 / 3.14%
Volume 235.5K
ANET On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).

arista networks inc (ANET) Snapshot

Open
$84.50
Previous Close
$83.51
Day High
$86.44
Day Low
$84.03
52 Week High
09/8/14 - $93.94
52 Week Low
06/6/14 - $55.00
Market Cap
5.5B
Average Volume 10 Days
313.6K
EPS TTM
--
Shares Outstanding
64.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ARISTA NETWORKS INC (ANET)

arista networks inc (ANET) Related Bloomberg News

View More Bloomberg News

arista networks inc (ANET) Related Businessweek News

No Related Businessweek News Found

arista networks inc (ANET) Details

Arista Networks, Inc. provides cloud networking solutions for datacenter and cloud computing environments. The company offers extensible operating systems, a set of network applications, and Ethernet switches. It serves a range of industries, including Internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others through its direct sales force and channel partners. The company has strategic relationship with VMware, Inc. to enhance the adoption of network virtualization. It was formerly known as Arastra, Inc. and changed its name in October 2008. Arista Networks, Inc. was founded in 2004 and is headquartered in Santa Clara, California.

750 Employees
Last Reported Date: 06/6/14
Founded in 2004

arista networks inc (ANET) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $301.2K
Co-Founder, Chief Technology Officer and Seni...
Total Annual Compensation: $220.8K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $122.1K
Compensation as of Fiscal Year 2013.

arista networks inc (ANET) Key Developments

Arista Networks, Inc. Presents at 2014 Deutsche Bank Technology Conference, Sep-09-2014 05:30 PM

Arista Networks, Inc. Presents at 2014 Deutsche Bank Technology Conference, Sep-09-2014 05:30 PM. Venue: The Cosmopolitan of Las Vegas, 3708 Las Vegas Blvd South, Las Vegas, NV 89109, United States. Speakers: Mark Foss, Vice President, Global Operations and Marketing.

Arista Networks, Inc. and VMware, Inc. Enter Strategic Relationship to Advance Adoption of Network Virtualization

Arista Networks, Inc. and VMware, Inc. announced a strategic relationship to enable customers to accelerate adoption of network virtualization in the software-defined data center (SDDC). This new collaboration agreement builds on the companies' four year relationship in developing innovative, integrated SDDC solutions, and focuses on development and joint marketing of the generally available Arista and VMware integrated networking solution for VMware NSX(TM). Arista and VMware are continuing to partner in areas that will optimize the software-defined data center for the hybrid cloud. Building on previous work around VMware vSphere(R), VMware vCloud Director(TM), and VXLAN support, the companies are working together to drive greater interoperability across the broader VMware SDDC portfolio. Arista's network programmable underlay, utilizing Arista Extensible Operating System, EOS(R), network APIs and hardware enabled VXLAN Tunnel Endpoints (VTEPS) and the VMware NSX network virtualization platform, support a software-defined data center for both enterprise and service provider customers. The Arista and VMware integrated networking solution combines award-winning network infrastructure with a complete network virtualization platform enabled to simplify management and provisioning, speed service delivery, reduce costs and create opportunities for competitive differentiation. The tools provided by Arista and VMware put control and visibility back in the hands of the network and systems administrators. This is the third phase of an ongoing collaboration between the two companies: Phase 1 2010+: ESX and vSphere/VMware vCloud Integration; Phase 2 2012+: VXLAN specification and interoperability across physical/virtual networks; Phase 3 2014+: VMware NSX integration and Arista Networks support for VMware vCenter(TM) Operations Management Suite and VMware vCenter(TM) Log Insight(TM).

Arista Networks, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter of 2014

Arista Networks, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue was $137,947,000 compared to $83,485,000 for the same period of last year. Income from operations was $30,655,000 compared to $16,264,000 for the same period of last year. Income before provision for income taxes was $31,692,000 compared to $14,491,000 for the same period of last year. Diluted net income attributable to common stockholders was $14,851,000 compared to $5,159,000 for the same period of last year. Diluted earnings per share were $0.34 compared to $0.18 for the same period of last year. Non-GAAP income from operations was $37,360,000 compared to $18,337,000 for the same period of last year. Non-GAAP net income was $23,723,000 compared to $12,324,000 for the same period of last year. Non-GAAP diluted income per share was $0.35 compared to $0.2 for the same period of last year. The company also generated cash flow from operations of $46.3 million. For the six months, the company reported revenue was $255,154,000 compared to $144,833,000 for the same period of last year. Income from operations was $52,637,000 compared to $25,007,000 for the same period of last year. Income before provision for income taxes was $51,139,000 compared to $21,384,000 for the same period of last year. Diluted net income attributable to common stockholders was $21,121,000 compared to $8,372,000 for the same period of last year. Diluted earnings per share were $0.54 compared to $0.29 for the same period of last year. Net cash provided by operating activities was $63,946,000 compared to $8,748,000 for the same period of last year. Purchases of property and equipment were $8,579,000 compared to $12,212,000 for the same period of last year. Non-GAAP income from operations was $64,124,000 compared to $28,822,000 for the same period of last year. Non-GAAP net income was $40,129,000 compared to $20,677,000 for the same period of last year. Non-GAAP diluted income per share was $0.6 compared to $0.34 for the same period of last year. For the third quarter of 2014, the company expects revenue between $142 and $150 million; Non-GAAP gross margin in the range of 64% to 66% and non-GAAP operating margin in the range of 19% to 22%; GAAP gross margin in the range of 64% to 66% and GAAP operating margin in the range of 13% to 17%, both of which include stock-based compensation expense.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ANET:US $86.13 USD +2.62

ANET Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Aruba Networks Inc $22.97 USD +0.45
FireEye Inc $33.68 USD -1.79
Fortinet Inc $26.78 USD +0.495
Palo Alto Networks Inc $98.95 USD +0.34
Riverbed Technology Inc $19.31 USD +0.09
View Industry Companies
 

Industry Analysis

ANET

Industry Average

Valuation ANET Industry Range
Price/Earnings 96.1x
Price/Sales 6.8x
Price/Book 11.7x
Price/Cash Flow 90.3x
TEV/Sales 10.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ARISTA NETWORKS INC, please visit www.aristanetworks.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.