Arista Networks, Inc. (ANET) Stock: Q2 Revenue Jumps 37.7% as AI Networking Demand Accelerates

TLDR Arista revenue jumps 37.7% as quarterly sales cross $3 billion for the first time. ANET stock surges after hours as earnings and margins beat prior-year levels. Non-GAAP EPS rises 39.7% to $1.02 as Arista strengthens operating performance. Arista launches 1.6 Tbps AI networking systems designed to lower power usage. Third-quarter guidance targets $3.3 billion [...]

The post Arista Networks, Inc. (ANET) Stock: Q2 Revenue Jumps 37.7% as AI Networking Demand Accelerates appeared first on Blockonomi.