"Arista Networks (ANET) Surpasses Earnings Estimates, Stock Falls on Lukewarm Q1 Forecast"
Arista Networks reported fourth-quarter earnings that beat estimates, with revenue slightly exceeding consensus estimates, but its stock fell on the news. The company's revenue guidance for the first quarter was modestly ahead of consensus, and it reiterated its full-year 2024 guidance of 11% revenue growth. Analysts expect Arista to gain ground in the enterprise market and anticipate a boost from customer investments in artificial intelligence infrastructure by 2025.