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Arista Surges 8%: Q3 Rev Beats, EPS Crushes Consensus

Revenue in the three months ended in September rose 51%, year over year, to $437.6 million, yielding EPS of $1.62, excluding some costs.

Analysts had been modeling $419 million in revenue, and $1.19 per share in net income.

Arista's gross profit margin in the quarter declined slightly to 64.1% from 64.2%.

For the current quarter, the company anticipates revenue of $450 million to $464 million, topping consensus for $447 million.

Arista stock is up $8.83, or 5%, at $190, in late trading.

Update: Arista shares continued to add to gains, now up $13.83, or almost 8%, at $195, in late trading.