Arista Networks Shares Decline Due to Heavy Dependence on Meta Revenue

Reported 2 days ago

Arista Networks' stock has fallen despite surpassing fourth-quarter earnings estimates and issuing optimistic first-quarter revenue projections. The decline is attributed to concerns regarding customer dependency, particularly after the company reported a 17% revenue loss from Meta Platforms, one of its key clients.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis