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Arista Surges 14%: Q2 Beats, Q3 Rev View Crushes Consensus

Networking equipment vendor Arista Networks (ANET) this afternoon reported Q2 revenue and profit that comfortably beat analysts’ expectations, and forecast this quarter’s revenue well above consensus, sending its shares surging in late trading.

Revenue in the three months ended in June rose 20.8%, year over year, to $405 million, yielding EPS of $1.34.