All articles tagged with #non gaap eps
Lumen Technologies reported Q2 non-GAAP EPS of $0.10, beating expectations by $0.02. Revenue for the quarter was $3.66 billion, in line with expectations. The company saw increased business growth product revenue compared to the previous quarter, showing improvement from the same period last year when considering divested businesses.
Arista Networks reported Q1 revenue of $1.35B, beating estimates by $40M, and non-GAAP EPS of $1.43, beating estimates by $0.08. The company's non-GAAP gross margin was 60.3%. Arista Networks expects Q2 revenue between $1.350B to $1.400B, non-GAAP gross margin of approximately 61%, and non-GAAP operating margin of approximately 40%. However, shares fell by 3.77%.
ON Semiconductor reported non-GAAP earnings per share of $1.19, beating expectations by $0.11, and revenue of $1.96 billion, beating expectations by $30 million.