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Arista Networks' Q2 revenue reached $3.036 billion, breaking the $3 billion mark for the first time, a year-over-year increase of 37.7%, with pre-market stock price rising.
The AI networking equipment provider's non-GAAP EPS grew by approximately 40% to $1.02. The company's management raised its full-year revenue outlook to approximately $12.6 billion, representing a year-over-year increase of about 40%, and reiterated its goal of achieving at least $3.5 billion in AI Fabrics revenue this year.
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