Arista Networks (ANET), a company that makes computer network equipment, had some good news and some bad news this week. They made more money than expected last quarter, but their predictions for next year weren't as high as investors hoped. This made the price of their stock go down.
- Arista's earnings were better than expected.
- Their predictions for next year were lower than some investors wanted.
- The price of Arista's stock dropped because of this.
- Big customers like Meta and Microsoft use Arista's equipment.
| Fact | Number |
|---|---|
| Arista's earnings per share (how much money they made per share of stock) | 65 cents |
| Arista's total revenue (how much money they made overall) | $1.93 billion |
| Percentage drop in Arista's stock price | 7.9% |
| Arista's predicted AI revenue for 2025 | $750 million |
