Increased CapEx by the Cloud Titans in 2021 Will Benefit Arista Networks
Arista Networks, Inc. (ANET), an industry leader in large data
center and campus networking solutions, is scheduled to announce
Q4'20 and full year results after the market closes on February 18,
2021. Expectations are that the company will continue to build on
the sequential improvements seen in the last two quarters after
posting subpar results in Q1'20, affected by COVID-related supply
chain issues and soft demand. Despite the ongoing pandemic, Arista
Networks' financial performance improved as the year progressed.
However, revenue and EPS were still down after nine months, with
year-over-year revenue dropping by 10.2%, from $1.86 billion in
2019 to $1.