Overview

• Arista delivered adjusted Q2 EPS of $0.73 and revenue of $2.205 billion, beating analyst forecasts of $0.65 per share and $2.11 billion.
• The company projected Q3 revenue of $2.25 billion, surpassing Wall Street’s $2.12 billion estimate.
• Full-year 2025 revenue growth guidance was raised to 25% from 17% on the back of escalating AI and cloud infrastructure spending.
• Arista reaffirmed its $1.5 billion artificial-intelligence revenue target for 2025 and said the VeloCloud SD-WAN acquisition will contribute minimally this fiscal year.
• Shares rose over 12% after the report as analysts hiked price targets and investors added heavy long-dated call-option positions.