"Arista Networks' Earnings Beat Fails to Halt Stock Slide"

Arista Networks Inc. reported a revenue outlook in line with expectations and beat earnings for the most recent quarter, but its stock pulled back in after-hours trading. The company projects $1.52 billion to $1.56 billion in revenue for the ongoing quarter, with a 62% gross margin, slightly below consensus expectations. Despite the pullback, Arista's stock has seen significant gains over the past three and twelve months. In the fourth quarter, the company reported net income of $613.6 million and revenue of $1.54 billion, with CEO Jayshree Ullal expressing cautious optimism about achieving a $750 million revenue goal in AI networking by 2025.