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via finance.yahoo.comBusiness & Companies

Arista eyes $4 billion quarter after fastest growth since IPO

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Arista Networks Inc. (NYSE:ANET), which sells Ethernet switches and software for AI and cloud data centers, rose 11.54% in premarket after it reported third-quarter revenue of $3.66 billion, up 58.5%. That's its fastest year-over-year…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results above estimates with a strong premarket rise, relevant to the AI and data center sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Third-quarter revenue was $3.66 billion, up 58.5%.
  2. 02Consensus was $3.335 billion.
  3. 03Shares rose 11.54% in premarket trading.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Arista Networks, Inc.ANETStock169.91 USDMarket closedtoday +3.52%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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