February 19, 2017 7:53 PM ET

Communications Equipment

Company Overview of Arista Networks, Inc.

Company Overview

Arista Networks, Inc. supplies cloud networking solutions in the United States and internationally. The company’s cloud networking solutions consist of extensible operating systems, a set of network applications, and gigabit Ethernet switches. It also offers technical support services. The company serves a range of industries, including Internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. Arista Networks, Inc. markets its products through direct sales force, as well as channel partners, such as distributors, value-added resellers, systems integrators, and original equipment manufacturer partners. The comp...

5453 Great America Parkway

Santa Clara, CA 95054

United States

Founded in 2004

Phone:

408-547-5500

Fax:

408-538-8920

Key Executives for Arista Networks, Inc.

Chief Executive Officer, President and Director
Age: 55
Total Annual Compensation: $301.2K
Co-Founder, Chairman of the Board and Chief Development Officer
Age: 60
Total Annual Compensation: $301.2K
Co-Founder, Chief Technology Officer and Senior Vice President of Software Engineering
Age: 44
Total Annual Compensation: $251.0K
Chief Financial Officer and Senior Vice President
Age: 49
Total Annual Compensation: $189.2K
Chief Customer Officer
Age: 39
Total Annual Compensation: $240.9K
Compensation as of Fiscal Year 2015.

Arista Networks, Inc. Key Developments

Arista Networks, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2016; Provides Earnings Guidance for the First Quarter of 2017

Arista Networks, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported revenue of $327,969,000 against $245,446,000 a year ago. Income from operations was $77,495,000 against $49,397,000 a year ago. Income before provision for income taxes was $77,137,000 against $48,542,000 a year ago. Non-GAAP income from operations was $106,028,000 against $71,331,000 a year ago. Diluted net income attributable to common stockholders was $58,542,000 or $0.79 per diluted share against $43,464,000 or $0.60 per diluted share a year ago. Non-GAAP net income was $77,480,000 or $1.04 per diluted share against $57,466,000 or $0.80 per diluted share a year ago. GAAP gross margin was 64.1%, compared to GAAP gross margin of 63.6% in the fourth quarter of 2015 and 64.2% in the third quarter of 2016. Non-GAAP gross margin was 64.4%, compared to non-GAAP gross margin of 64.0% in the fourth quarter of 2015 and 64.6% in the third quarter of 2016. For the full year, the company reported revenue of $1,129,167,000 against $837,591,000 a year ago. Income from operations was $243,409,000 against $149,308,000 a year ago. Income before provision for income taxes was $242,225,000 against $146,009,000 a year ago. Net cash provided by operating activities was $131,440,000 against $200,533,000 a year ago. Purchases of property and equipment were $21,419,000 against $19,989,000 a year ago. Non-GAAP income from operations was $338,274,000 against $236,035,000 a year ago. Diluted net income attributable to common stockholders was $183,039,000 or $2.50 per diluted share against $119,264,000 or $1.67 per diluted share a year ago. Non-GAAP net income was $241,421,000 or $3.30 per diluted share against $174,193,000 or $2.44 per diluted share a year ago. The company provided earnings guidance for the first quarter of 2017. For the period, the company expects revenue between $320 million and $330 million. Non-GAAP gross margin is in the range of 61% to 64%, and Non-GAAP operating margin of approximately 27%.

Arista Networks Introduces DANZ 2017 Visibility for 100G Enhanced Cloud Security

Arista Networks announced Arista Data ANalyZer DANZ 2017 support for the Arista R-Series Universal Leaf and Spine platforms, bringing improved visibility to 25G and 100G networks. DANZ, powered by Arista EOS (Extensible Operating System) and combined with Arista CloudVision for automation and telemetry, delivers the hyperscale visibility platform required to secure today’s cloud centric applications and workflows. CloudVision, together with the Arista 7500R and 7280R Series, delivers integrated in-band and out-of-band security insertion, precision visibility, network-wide scale, cloud automation, integrated change control, advanced telemetry and analytics. The Arista R-Series is a family of fixed and modular solutions that each provide non-blocking and lossless data delivery at scales from 1 to 115 Tbps and densities up to 432 ports of 100G and 1152 ports of 25G. These capacities represent an advantage of 12-36X in density and 44-293X in bandwidth compared to existing packet broker platforms. DANZ 2017 for Deep Monitoring and Visibility: The DANZ feature set, included in standard Arista EOS software images, provides in-band and out-of-band telemetry and packet capture with a rich set of features previously only available in add-on network visibility devices. DANZ on the Arista R-series provides lossless visibility with deep elastic buffers, Virtual Output Queue (VOQ) architecture, and LANZ microburst detection. All DANZ platforms support a unified TAP Aggregation GUI /API /CLI management interface, and CloudVision integration for automation, provisioning, and telemetry. This functionality combined with the economics of Arista’s industry-standard, open architecture establish the Arista R-series with DANZ as the preeminent visibility platform designed to scale to address current and future enterprise, cloud and service provider visibility requirements at link speeds of 25-100Gbps or higher. This allows customers to: Analyze workstreams in real-time with CloudVision Telemetry Analytics. Automate virtualized workload visibility with Arista Network Tracers. Selectively mirror in-band traffic via IP-tunnels to capture anomalies without additional cost. Analyze traffic within the infrastructure on-switch for rapid on-demand incident resolution. Aggregate traffic to scale-out tool farms losslessly, and with precision filtering, for deep visibility. Arista delivers advanced capabilities like DANZ through software innovations in its EOS software, while maintaining the cloud principles of merchant silicon economics, hyper-scale bandwidth, and density that cloud operators demand. The unique approach to in-band and out-of-band monitoring makes lossless monitoring for security applications possible at any scale with cloud economy. With support on the Arista R-Series, the same universal cloud networking platforms deployed for production switching and routing infrastructure can be leveraged for visibility infrastructure, saving customers operational expense and complexity. Availability and Pricing: DANZ 2017 features will be available on all Arista R-Series Universal Leaf and Spine platforms as well as the Arista 7150-series ultra-low latency platforms in first quarter 2017. The Arista DANZ 2017 feature set requires either a monitoring feature license or CloudVision license for each supported platform or customer environment.

Arista Networks, Inc. to Report Q4, 2016 Results on Feb 16, 2017

Arista Networks, Inc. announced that they will report Q4, 2016 results at 5:00 PM, Eastern Standard Time on Feb 16, 2017

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