Arista Stock Jumps as Earnings Top Estimates

Arista Networks stock jumped in late trading after the provider of networking equipment posted better-than-forecast results for the September quarter.

The company said that momentum in the quarter “remained strong” from both enterprise customers and from cloud and artificial-intelligence companies. That spurred worries about the company’s financial outlook, but if there are any looming issues, they didn’t materialize in the third quarter.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow jumps more than 300 points ahead of Fed rate decision, earningsCertain parts of the economy have proved to be resilient, spurring concerns that the central bank could signal willingness to hold rates at their current level for longer than previously anticipate…
Source: nypost - 🏆 91. / 67 Read more »

Revvity’s stock tumbles to lead the S&P 500 losers after earnings miss, lowered outlookTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
Source: MarketWatch - 🏆 3. / 97 Read more »

SoFi's stock pops after earnings as loan volumes surgeStudent-lending originations doubled in the third quarter
Source: MarketWatch - 🏆 3. / 97 Read more »