MARKET COMPOSITE
ANET - Arista Networks Inc8:00:02 PM 4/15/2024
Price
$263.20
-8.02 (-2.96%)
Arista Networks is an American computer networking company headquartered in Santa Clara, California. The company designs and sells multilayer network switches to deliver software-defined networking solutions for large datacenter, cloud computing, high-performance computing, and high-frequency trading environments. These products include an array of 10/25/40/50/100 Gigabit Ethernet low-latency cut-through switches, including the 7124SX, which remained the fastest switch using SFP+ optics through September 2012, with its sub-500 nanosecond latency, and the 7500 series, Arista's modular 10G/40G/100Gbit/s switch. Arista's own Linux-based network operating system, Extensible Operating System , runs on all Arista products. In 1982, Andy Bechtolsheim cofounded Sun Microsystems, and was its chief hardware designer. In 1995, David Cheriton cofounded Granite Systems with Bechtolsheim, a company that developed Gigabit Ethernet products, which was acquired by Cisco Systems in 1996. In 2001, Cheriton and Bechtolsheim founded another start up, Kealia, which was acquired by Sun in 2004. From 1996 to 2003, Bechtolsheim and Cheriton occupied executive positions at Cisco, leading the development of the Catalyst product line, along with Kenneth Duda who had been Granite Systems' first employee.
Financials
Quarterly financials
(USD)Dec 2022Q/Q
Revenue1.3B+8%
Gross Profit768.6MM+8%
Cost Of Revenue506.9MM+9%
Operating Income468.9MM+12%
Operating Expenses299.7MM+2%
Net Income427.1MM+21%
R&D190.4MM+1%
G&A23.8MM+2%
Marketing85.4MM+5%
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