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Arista Networks, Inc. Reports Fourth Quarter and Year End 2024 Financial Results

1. Arista Networks achieved record $7 billion revenue in 2024, showcasing strong growth. 2. CEO Jayshree Ullal praised team's performance, emphasizing momentum in the client-to-cloud market.

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$111.0602/18 04:27 PM EDTEvent Start

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FAQ

Why Very Bullish?

The significant revenue increase indicates strong demand, likely boosting investor confidence, as seen in tech stocks after strong earnings reports.

How important is it?

Record revenue signals robust market position, influencing investor sentiment and future stock performance.

Why Long Term?

Sustained revenue growth positions ANET favorably for long-term stock performance, similar to previous technology expansions.

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SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks, Inc. (NYSE: ANET), an industry leader in data-driven, client-to-cloud networking for large AI, data center, campus and routing environments, today announced financial results for its fourth quarter and the full year ended December 31, 2024. "2024 was a remarkable year of momentum resulting in a record $7 billion in revenue," stated Jayshree Ullal, Chairperson and CEO for Arista Networks. "I am so proud of the team's execution in delivering.

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