Monday, February 14, 2022

Arista posts revenue of $824 million, up 27% yoy

Arista Networks reported Q4 2021 revenue of $824.5 million, an increase of 10.1% compared to the third quarter of 2021, and an increase of 27.1% from the fourth quarter of 2020. Non-GAAP gross margin was 64.3%. Non-GAAP net income was $262.4 million, or $0.82 per diluted share, compared to non-GAAP net income of $197.7 million, or $0.62 per diluted share, in the fourth quarter of 2020.

“I am delighted with Arista's record 2021 milestones in innovation, diversified customer momentum and earnings. We have executed well to establish Arista among the fastest growing networking companies in this decade," stated Jayshree Ullal, President and CEO of Arista Networks.

Commenting on the company's financial results, Ita Brennan, Arista’s CFO said, “The Arista team has shown great resilience and flexibility throughout 2021, maintaining operational excellence in the face of industry-wide challenges and delivering our first billion-dollar cash flow year.”




Arista intros 400G Switches at OCP Summit

Arista Networks introduced its next generation of 7050X and 7060X Series switches optimized for 400G networks.Introduced at OCP 2021, the all new Arista 7388X5 continues the modular system innovation from the 7368X4 and is compliant to the OCP Minipack2 specifications, doubling performance with 30% improved power efficiency. The Arista's 7388X5 shares Meta’s Minipack2 goals of a choice of form factor that supports high density 200G and 400G links....

Arista expands its OS stack with Network Data Lake

Arista Networks has expanded its EOS software foundation with the introduction of the EOS Network Data Lake (NetDL) and an AI/ML-driven Autonomous Virtual Assist (Arista AVA).The big idea is to use the EOS stack  to provide a high-fidelity data lake capability to enable applications to interact, analyze, and enrich network data. Arista says its new NetDL provides a single source of network data ‘truth’ and a common sensor/collector architecture...