the consensus Revenue Estimate is $613.87M

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Arista Networks ($NYSE:ANET) is a computer networking company founded by Andy Bechtolsheim and David Cheriton, two Stanford professors. On Monday, May 1st, Arista is set to report their Q1 earnings results.

Price History

The stock for ARISTA NETWORKS opened at $160.6, and closed at $160.2, showing a relatively stable trading week for the company. Investors will be closely monitoring their upcoming earnings report to determine how their performance stacks up against expectations. Analysts will also be able to use the data to determine how the company’s performance may impact future stock performance. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Arista Networks. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Arista Networks. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Arista Networks. More…

Key Ratios Snapshot

Some of the financial key ratios for Arista Networks are shown below. More…

Analysis

At GoodWhale, we have conducted an analysis of ARISTA NETWORKS to determine their wellbeing. The results are not ideal; according to our Risk Rating, ARISTA NETWORKS is considered a high risk investment when looking at the financial and business aspects. Specifically, our analysis has revealed 3 risk warnings within the balance sheet, cashflow statement and non-financials. If you are considering investing in ARISTA NETWORKS, we recommend that you register with us to get more detailed information about these risks. Our team of experts can help you understand the implications of these findings, and provide guidance on how best to proceed. More…

Peers

The telecommunications industry is highly competitive, with Arista Networks Inc competing against Ciena Corp, Eutelsat Communications, Novra Technologies Inc, and others. Arista Networks Inc has a strong product portfolio and a history of innovation, which has helped it to maintain a leading position in the market.

– Ciena Corp ($NYSE:CIEN)

Ciena is a network specialist that provides equipment, software, and services that support the transport, switching, aggregation, and management of voice, video, and data traffic on communications networks. The company has a market cap of $6.08B as of 2022 and a ROE of 6.6%. Ciena’s products are used in a variety of network architectures, including point-to-point, metro, and core networks.

– Eutelsat Communications ($LTS:0JNI)

Eutelsat Communications is a French-based company that provides satellite communication services to broadcasters, content providers, Internet service providers, mobile operators, and business and government customers. As of 2022, the company had a market cap of 1.93 billion and a return on equity of 9.77%. Eutelsat Communications operates a fleet of 38 satellites that provide coverage over Europe, the Middle East, Africa, Asia-Pacific, and the Americas. The company also provides ground infrastructure and teleport services.

– Novra Technologies Inc ($TSXV:NVI)

Novra Technologies Inc is a publicly traded company with a market capitalization of 3.01 million as of 2022. The company has a return on equity of 28.3%. Novra Technologies Inc is a technology company that specializes in the development and commercialization of products and solutions for the satellite and cable television markets. The company’s products and solutions are used by broadcasters, network operators, and content providers to distribute video, audio, and data signals.

Summary

Investors should watch closely to see if Arista can continue their upward momentum with their upcoming earnings report.