Benzinga | Nov 2, 2020 04:08PM EST

Arista Networks Q3 Adj. EPS $2.42 Beats $2.21 Estimate, Sales $605.40M Beat $581.33M Estimate

Arista Networks (NYSE:ANET) reported quarterly earnings of $2.42 per share which beat the analyst consensus estimate of $2.21 by 9.5 percent. This is a 10.04 percent decrease over earnings of $2.69 per share from the same period last year. The company reported quarterly sales of $605.40 million which beat the analyst consensus estimate of $581.33 million by 4.14 percent. This is a 7.49 percent decrease over sales of $654.41 million the same period last year.