Last $69.28 USD
Change Today +1.86 / 2.76%
Volume 703.5K
As of 8:04 PM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

arista networks inc (ANET) Snapshot

Open
$67.67
Previous Close
$67.42
Day High
$69.61
Day Low
$67.12
52 Week High
09/30/14 - $94.84
52 Week Low
06/6/14 - $55.00
Market Cap
4.5B
Average Volume 10 Days
1.2M
EPS TTM
$1.21
Shares Outstanding
64.4M
EX-Date
--
P/E TM
57.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for ARISTA NETWORKS INC (ANET)

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arista networks inc (ANET) Details

Arista Networks, Inc. provides cloud networking solutions for datacenter and cloud computing environments. The company offers extensible operating systems, a set of network applications, and Ethernet switches. It serves a range of industries, including Internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others through its direct sales force and channel partners. The company has strategic relationship with VMware, Inc. to enhance the adoption of network virtualization. It was formerly known as Arastra, Inc. and changed its name in October 2008. Arista Networks, Inc. was founded in 2004 and is headquartered in Santa Clara, California.

arista networks inc (ANET) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $301.2K
Co-Founder, Chief Technology Officer and Seni...
Total Annual Compensation: $220.8K
Chief Financial Officer
Total Annual Compensation: $122.1K
Compensation as of Fiscal Year 2013.

arista networks inc (ANET) Key Developments

Puppet Labs and Arista Networks Partner to Enable Software Defined Networking

Puppet Labs announced the availability of a native AristaEOS (Extensible Operating System) Puppet agent and an Arista EOS module on the Puppet Forge. Now, joint Puppet Enterprise and Arista customers can extend Puppet's management beyond servers and into the entire data center, making SDN a reality. With these integrations, Arista becomes the latest vendor to launch formal support through Puppet Labs' Puppet Supported Program, a certification program that enables organizations to deploy software faster and with fewer errors, iterate more quickly, and rapidly adapt to fast-changing business needs. Through server virtualization, cloud computing and software like Puppet, IT organizations have drastically reduced the time it takes to provision servers: what used to get done in weeks or months now gets done in minutes. But even as automation is being adopted more widely in IT, changes to networking equipment are all too often done manually, or rely on vendor-specific tools. Both of these tactics present barriers to the agility companies need to meet business demands in a fast-moving, competitive business landscape. Coupling the power of the native Puppet agent with the power of Arista's EOS allows teams to bypass the use of a proxy host and manage each network device as easily as any other Puppet node. The Arista module is built on Puppet Labs'NetDev standard for networking hardware support, allowing the same Puppet resources to manage different types of networking hardware with little to no modification. Puppet Labs provides full support of the Puppet agent to Puppet Enterprise customers, and Arista provides support for the Arista Puppet module.

Arista Networks, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Earnings Guidance for First Quarter of 2015

Arista Networks, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. Revenue of $173.5 million, an increase of 51.2% compared to the fourth quarter of 2013, and an increase of 11.6% from the third quarter of 2014. GAAP net income of $31.0 million, or $0.43 per diluted share, compared to GAAP net income of $13.7 million, or $0.23 per diluted share, in the fourth quarter of 2013. Non-GAAP net income of $37.3 million or $0.53 per diluted share, compared to non-GAAP net income of $17.5 million, or $0.27 per diluted share, in the fourth quarter of 2013. Operating cash flow of $15.8 million, compared to $6.0 million of operating cash used in the fourth quarter of 2013. Income before provision for income taxes was $38,083,000 against $20,075,000 a year ago. Revenue of $584.1 million, an increase of 61.7% compared to fiscal year 2013. GAAP net income of $86.9 million, or $1.29 per diluted share, compared to GAAP net income of $42.5 million, or $0.72 per diluted share, in fiscal year 2013. Non-GAAP net income of $105.5 million or $1.54 per diluted share, compared to non-GAAP net income of $52.6 million, or $0.84 per diluted share, in fiscal year 2013. Operating cash flow of $114.5 million, compared to $34.6 million in fiscal year 2013. Income before provision for income taxes was $121,508,000 against $58,275,000 a year ago. Purchases of property and equipment were $13,134,000 against $20,316,000 a year ago. Free cash flow was $101.4 million. For the first quarter of 2015, the company expects revenue between $164 and $172 million. Non-GAAP gross margin is in the range of 63% to 66%. Gross margin is anticipated to be in the 63% to 66% range based on forecasted customer mix and seasonality and they anticipate operating margins in the range of 22% to 25%. Non-GAAP effective tax rate is forecasted to be in the 30% to 32% range.

Arista Networks, Inc. Presents at Pacific Crest 10th Annual Emerging Technology Summit 2015, Mar-03-2015 10:30 AM

Arista Networks, Inc. Presents at Pacific Crest 10th Annual Emerging Technology Summit 2015, Mar-03-2015 10:30 AM. Venue: Park Central Hotel, 50 Third Street, San Francisco, CA, 94103, United States. Speakers: Anshul Sadana, Senior Vice President of Customer Engineering.

 

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ANET

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Valuation ANET Industry Range
Price/Earnings 53.4x
Price/Sales 7.3x
Price/Book 7.7x
Price/Cash Flow 50.0x
TEV/Sales 6.6x
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