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Why Arista Networks Stock Just Popped

TheMotleyFool

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Arista Networks (NYSE: ANET) stock was off to the races on Tuesday morning, rising by 5.5% through 10:25 a.m. ET after delivering a big earnings beat Monday night.

Ahead of the publication of its fourth-quarter results, analysts had predicted that the cloud computing company would report earnings of $0.73 per share (non-GAAP) on sales of $789.1 million. Instead, Arista earned $0.82 per share on sales of $824.5 million.

Image source: Getty Images.

Source Fool.com

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