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Arista Networks boosted its stock price after posting record earnings for the third quarter of 2018.
Arista Networks posted net income of $249.5 million for the third quarter of 2018, up from $171.5 million in the same period last year. The Thomson Reuters Network Security report credited the record earnings to growth in both its core networking business and its cloud computing businesses.
With its strong performance recently, Arista Networks stock is up by over 7% on the news. This increase in value shows investors's confidence in the company's future prospects. If you're interested in investing in Arista Networks, now might be a good time to do so!
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