Less Than Hour Before The NYSE Open, Arista Networks Is Down By 4%

(VIANEWS) – The NYSE opens in less than hour and Arista Networks‘s pre-market value is already 4.69% down.

Arista Networks’s last close was $296.58, 1.34% above its 52-week high of $292.66.

The last session, NYSE ended with Arista Networks (ANET) rising 2.9% to $296.58. NYSE dropped 0.18% to $17,915.20, after two successive sessions in a row of losses, on what was a somewhat negative trend exchanging session.

About Arista Networks

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications. The company offers data center and cloud networking systems, including newer artificial intelligence (AI) ethernet switching platforms; campus wired and wireless products, and routing systems addressing Core Routing, Edge Routing, Data Center Interconnect (DCI), Multi-cloud and Wide Area Networking (WAN) use cases; and a suite of value-add software solutions that leverage EOS to provide end-to-end orchestration, automation, analytics, network monitoring, and security. It also provides post contract customer support services, such as technical support, hardware repair and replacement parts beyond standard warranty, bug fixes, patches, and upgrade services. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, telecommunication service providers, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.

Earnings Per Share

As for profitability, Arista Networks has a trailing twelve months EPS of $6.58.

PE Ratio

Arista Networks has a trailing twelve months price to earnings ratio of 45.07. Meaning, the purchaser of the share is investing $45.07 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 34.49%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Arista Networks’s EBITDA is 13.82.

More news about Arista Networks (ANET).

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