AI Boom Drives the Network Champion to New Heights!
Arista optimally benefits as an infrastructure winner from the AI boom and demonstrates true scalability of its business model for the first time with over $1 billion in operating income.
Reading Time: 1 minute
In my opinion , Arista Networks impressively demonstrates how to benefit from the AI hype. The Q2 result, with $2.21 billion in revenue (+30% YoY) and a profit of $888.8 million, exceeded all expectations significantly. Particularly impressive is the non-GAAP gross margin of 65.6% - a testament to the company's pricing power. The forecast of $2.25 billion for Q3 (vs. $2.11 billion expected) underscores the persistently strong demand for Ethernet switches and routers in data centers. The AI-driven infrastructure expansion plays perfectly into Arista's...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
