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$ANET - Post-earnings
$ANET posted strong Q2 results that gave the stock a sizeable boost yesterday.
Announced the co. surpassed+75m cloud network ports shipped all-time.
Revs +39%
Gross margin sequentially increased, still hovering around 60% - down 1% YoY
EPS +62%
Operating Margin ~42%
Cost of revs as a % of revenue = flat
On July 19th, Arista and several of the largest players in the AI and high-performance computing spaces came together to launch the UEC - Arista is one of the founding members of a pretty prestigious group, incl. AMD, Broadcom, Microsoft, and Meta. Here's the press release;

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Definitely cements Arista as one of the established leaders in building out the next generation of computing infrastructure.

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