Arista Networks Reports Strong Revenue and Earnings Figures! Network Specialist Predicts 17% Revenue Growth for 2025!
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The cloud and network specialist Arista Networks (ANET) published its financial results for the fourth quarter and the entire fiscal year 2024 in after-hours trading on Tuesday, February 18, 2025, slightly exceeding expectations for revenue and profit. The forecasts for the upcoming quarter also surpassed analysts' estimates, reflecting the continued momentum in data center infrastructure for artificial intelligence applications. A decline in gross margins dampened sentiment somewhat, and despite the strong results, the stock fell by nearly 5% in...
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