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Valued at $191 billion by market cap, California-based Arista Networks, Inc. (ANET) is a leading cloud networking company that provides high-performance networking solutions for data centers, cloud computing, and enterprise environments. Arista is best known for powering the infrastructure behind hyperscale cloud providers and large-scale AI workloads.
The cloud networking giant is expected to announce its fiscal first-quarter earnings on Sunday, May 5, after the market closes. Ahead of the event, analysts expect ANET to report a profit of $0.72 per share on a diluted basis, up 14.3% from $0.63 share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
