Arista Networks, Inc.
(NYSE:ANET) stock climbed in Wednesday's premarket session after the company reported second-quarter results that topped Wall Street expectations and issued third-quarter guidance above analyst estimates.
Earnings Snapshot Second-quarter revenue rose 37.7% year over year to a record $3.04 billion, surpassing the Street consensus estimate of $2.82 billion, according to Benzinga Pro.
The results were driven by strong demand for AI networking and enterprise infrastructure, marking the company's first quarterly revenue above $3 billion.
International revenue increased to $697.8 million, accounting for 23% of total revenue, up from 15.5% in the first quarter, reflecting broad-based global demand.
