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Arista Networks Inc (ANET.N)

ANET.N on New York Stock Exchange

239.37USD
16 Nov 2018
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$-4.83 (-1.98%)
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Latest Key Developments (Source: Significant Developments)

Cisco To Reflect $400 Mln Litigation Related Payment From Arista Networks In Q1 2019
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Cisco Systems Inc ::CISCO SAYS THE $400 MILLION THAT ARISTA NETWORKS WILL PAY CO AS PER RESOLUTION OF LITIGATION BETWEEN THEM TO BE REFLECTED IN Q1 2019 RESULTS - SEC FILING.  Full Article

BRIEF-Arista Networks To Pay Cisco $400 Mln To Resolve Pending Litigation
Monday, 6 Aug 2018 

Adds source link:ARISTA NETWORKS - ON AUGUST 6, 2018, ARISTA NETWORKS ENTERED INTO A BINDING TERM SHEET WITH CISCO SYSTEMS, INC.ARISTA NETWORKS - TERM SHEET WILL RESULT IN DISMISSAL OF ALL PENDING DISTRICT COURT AND ITC LITIGATION BETWEEN CO, CISCO.ARISTA NETWORKS SAYS UNDER BINDING TERM SHEET, COMPANY WILL PAY CISCO $400 MILLION BY AUGUST 20, 2018 - SEC FILING.ARISTA NETWORKS - CISCO TO GRANT CO RELEASE FOR ALL CLAIMS OF INFRINGEMENT IN PATENT INFRINGEMENT ALLEGATIONS IN PENDING LITIGATION.ARISTA NETWORKS INC - WILL GRANT CISCO A RELEASE FROM ALL PAST ANTITRUST CLAIMS.ARISTA NETWORKS INC - AGREED TO MAKE CERTAIN MODIFICATIONS TO ITS COMMAND LINE INTERFACE.ARISTA NETWORKS - WILL RECORD A LEGAL SETTLEMENT CHARGE OF $405 MILLION TO OPERATING EXPENSES RESULTING IN REVISED GAAP NET LOSS FOR Q2 OF $155.3 MILLION.ARISTA NETWORKS - CO, CISCO AGREED TO 3-YEAR DISPUTE RESOLUTION PROCESS FOR ALLEGATIONS AGAINST NEW AND/OR MODIFIED FEATURES IN OTHER PARTY'S PRODUCTS.ARISTA NETWORKS - ADJUSTMENTS TO Q2 2018 GAAP FINANCIAL RESULTS DO NOT IMPACT NON-GAAP RESULTS.ARISTA NETWORKS - CO, CISCO AGREED TO 5-YEAR STAND-DOWN PERIOD FOR ANY UTILITY PATENT INFRINGEMENT CLAIMS EITHER MAY HAVE AGAINST FEATURES IN OTHER PARTIES' PRODUCTS.  Full Article

Arista Networks Q3 non-gaap earnings per share $1.62
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Arista Networks Inc :Arista networks, inc. Reports third quarter 2017 financial results.Q3 non-gaap earnings per share $1.62.Q3 gaap earnings per share $1.68.Q3 revenue $437.6 million versus i/b/e/s view $418.5 million.Q3 earnings per share view $1.19 -- Thomson Reuters I/B/E/S.Arista networks inc sees ‍q4 2017 revenue between $450 million and $464 million​.  Full Article

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Arista to pay $400 million to Cisco to resolve court fight

Arista Networks Inc will pay $400 million to Cisco Systems Inc to resolve a U.S. court fight between the two network equipment makers, Arista said in a regulatory filing on Monday, the day a jury trial in the dispute was scheduled to begin.