Arista Networks Reports Fourth Quarter and Full Year 2014 Financial Results
finance.yahoo.com
Cloud Networking Adoption Drives Record 2014 Revenue, non-GAAP Net Income and Earnings per Diluted Share
Revenue of $173.5 million, an increase of 51.2% compared to the fourth quarter of 2013, and an increase of 11.6% from the third quarter of 2014.
GAAP gross margin of 67.1%, compared to GAAP gross margin of 67.5% in the fourth quarter of 2013 and 64.9% in the third quarter of 2014.
GAAP net income of $31.0 million, or $0.43 per diluted share, compared to GAAP net income of $13.7 million, or $0.23 per diluted share, in the fourth quarter of 2013.
Non-GAAP net income of $37.3 million or $0.53 per diluted share, compared to non-GAAP net income of $17.5 million, or $0.27 per diluted share, in the fourth quarter of 2013.
Operating cash flow of $15.8 million, compared to $6.0 million of operating cash used in the fourth quarter of 2013. |
