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ANET Stock Up About 5% After a $3.66 Billion Quarter and…

By Abdelaziz Fathi

Photo for: ANET Stock Up About 5% After a $3.66 Billion Quarter and…

Source excerpt · FinanceFeeds

ANET stock was up about 5.2% at $178.81 in late-morning New York trading Wednesday after Arista Networks delivered $3.66 billion of third-quarter revenue, roughly $358 million above its own guidance, and forecast another step higher to $3.9 billion-$4.0 billion in the fourth quarter. The reaction was considerably stronger earlier. Arista traded as high as $188.53 after the open, nearly 11% above T…