Arista Networks reported quarterly revenue of $3.66 billion, up 58.5% year over year and above its own forecast of $3.3 billion. Product sales reached $3.19 billion, while services generated $468 million. GAAP net income came in at $1.56 billion, or $1.22 per share, and adjusted earnings per share reached $1.20, compared with $0.77 a year earlier. For the fourth quarter, the company forecasts revenue between $3.9 billion and $4.0 billion, along with adjusted earnings per share of $1.26 to $1.30. Shares rose sharply after the results, highlighting expanding demand for networking equipment in AI-focused data centers.
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