NYSE$ANET

Arista Networks Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Headline financials

Total Revenue

$523M

Previous: $595M-12.2%
EPS (adj)

$0.51

Previous: $0.58-12.1%
GAAP Gross Margin

64.7%

No prior period
Capital Expenditures

-$3.11M

Previous: -$5.24M+40.7%
Free Cash Flow

$135M

Previous: $196M-30.9%
Net Income

$138M

Previous: $201M-31.1%
Operating Income

$150M

Previous: $194M-23.0%
Gross Profit

$338M

Previous: $381M-11.1%
Cash & Equivalents

$761M

Previous: $809M-5.9%
Total Assets

$4.11B

Previous: $3.33B+23.4%
Stock-Based Comp

$27.6M

Previous: $24.3M+13.4%

Revenue & EPS history

Arista · Revenue · Quarterly

$523M

Q1 2020-12.2%vs Q1 2019
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Revenue by segment

Arista · $523M total across 2 segments · Q1 2020

  • Product Revenue
    $411M
  • Service Revenue
    $112M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+1.6%

Avg return

Earnings day

+1.7%

Avg return

5 days after

+4.0%

Avg return

30 days after

55%

29 / 53 earnings

Positive

+22.8%

Q2 2023

Best reaction

-24.8%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.5%-19.8%-9.4%
Q4 2025+4.8%+3.3%-1.1%
Q3 2025+3.4%-10.6%-16.3%
Q2 2025+17.5%+16.5%+20.9%
Q1 2025-4.8%+1.7%+7.1%
Q4 2024-6.4%-16.5%-25.1%
Q3 2024-5.4%-6.5%+2.3%
Q2 2024+8.1%-0.4%+8.1%
Q1 2024+4.6%+12.6%+6.4%
Q4 2023-6.0%-7.3%-0.6%
Q3 2023+13.7%+20.6%+24.5%
Q2 2023+22.8%+18.9%+23.8%
Q1 2023-15.7%-13.8%+3.9%
Q4 2022+6.2%+3.7%+15.4%
Q3 2022+5.1%+7.9%+14.7%
Q2 2022+0.4%+8.6%+2.8%
Q1 2022-1.3%-4.0%-12.0%
Q4 2021+7.5%+4.1%+2.7%
Q3 2021+20.0%+29.5%+18.5%
Q2 2021-0.3%-0.7%-5.5%
Q1 2021+0.7%+4.4%+9.3%
Q4 2020-0.4%-8.0%-8.6%
Q3 2020+19.4%+25.9%+30.0%
Q2 2020-9.7%-11.4%-16.8%
Q1 2020-1.4%+3.3%+8.4%
Q4 2019-4.6%-3.7%-24.6%
Q3 2019-24.8%-23.3%-20.8%
Q2 2019-10.7%-13.8%-17.1%
Q1 2019-10.3%-14.4%-21.2%
Q4 2018+11.6%+14.0%+25.5%
Q3 2018+11.9%+6.4%+3.5%
Q2 2018-1.9%+2.4%+13.9%
Q1 2018-7.7%-2.3%-1.6%
Q4 2017-17.4%-17.4%-2.8%
Q3 2017+2.1%+6.2%+15.9%
Q2 2017+19.8%+18.5%+23.7%
Q1 2017+3.0%+3.0%+8.2%
Q4 2016+18.3%+21.8%+27.2%
Q3 2016+0.6%+3.8%+12.4%
Q2 2016+0.4%+3.9%+13.5%
Q1 2016+6.9%
Q4 2015+8.6%
Q3 2015+11.7%
Q2 2015-0.6%
Q1 2014-1.9%
Q1 2015-1.2%
Q4 2012+0.5%
Q4 2014+5.2%
Q3 2013-11.9%
Q3 2014-7.6%
Q4 2013-3.1%
Q2 2013-3.1%
Q2 2014+1.6%
Q1 2013

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