ShukriMahadi
Long

ANET breaking out

NYSE:ANET   ARISTA NETWORKS INC
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Arista Networks (NYSE: ANET ) has a habit of beating expectations on both the top and bottom lines, having done so in each of the past three earnings reports. The company has achieved this with impressive revenue growth, increasing sales by 41%, 28%, and 29% for the first, second, and third quarters, respectively.

You wouldn't know it by the stock price, however, which ended 2018 on a sour note, losing all its gains and falling 10% for the year, versus a 6% decline for the S&P 500 . This was largely the result of the year-end correction that was especially brutal on technology stocks, and fears about the company's slowing growth rate.

The cloud networking-solutions provider will have another opportunity to impress investors, as the company is scheduled to report the financial results of its fourth quarter after the market close on Thursday, Feb. 14. Let's recap Arista Networks' third-quarter results for any insight into what investors can expect in the next earnings report.

Danny Vena, The Motley Fool
,Motley Fool•February 11, 2019
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