Arista Networks Nearly Doubles Third-Quarter Profit as Revenue Grows 59%
Arista Networks reported third-quarter profit of $1.56 billion, or $1.22 per share, and 59% revenue growth, citing continued strong demand for its AI data-center products.
By Elias SchisgallArista Networks nearly doubled its profit and reported 59% revenue growth in the third quarter, citing continued strong demand for the company's artificial-intelligence data-center products.The network infrastructure company on Tuesday reported a profit of $1.56 billion, or $1.22…