04:17 PM EDT, 07/30/2024 (MT Newswires) -- Arista Networks ( ANET ) reported Q2 non-GAAP diluted earnings Tuesday of $2.10 per share, up from $1.58 a year earlier.

Analysts polled by Capital IQ expected $1.94.

Revenue for the quarter ended June 30 was $1.69 billion, up from $1.46 billion a year ago.

Analysts surveyed by Capital IQ expected $1.65 billion.

The company said it expects Q3 revenue of $1.72 billion to $1.75 billion.

Analysts polled by Capital IQ expect $1.72 billion.

Shares were down 4% in after-hours activity.

Price: 299.10, Change: -12.32, Percent Change: -3.96