💨 Abstract

Arista Networks forecasts Q4 revenue above Wall Street estimates due to increased demand for data center networking equipment driven by the AI boom. The company expects revenue between $1.85 billion and $1.90 billion, with shares down 6% despite a 83% surge this year. A four-for-one stock split is also approved to increase accessibility to investors. Q3 profit rose to $2.33 per share, with revenue at $1.

Courtesy: theprint.in

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