NYSE:ANETCommunications
Arista Networks (ANET) Stock Faces Valuation Questions After 38.4% Margin
Arista Networks is often viewed as one of the purest ways to gain exposure to high end cloud and artificial intelligence networking. Despite this, the stock only moved about 3.6% higher to around US$197 after this earnings release. That muted reaction came in a quarter that crossed US$3.0b in revenue for the first time and delivered a net profit margin above 40%.
The key point for investors is the strength of Arista Networks’ profitability at this scale. The company is now combining multi...