IPO Stock Watch: Arista, TrueCar Q2 Earnings Beat

By | August 7, 2014

Scalper1 News

Recent IPOs Arista Networks and TrueCar late Thursday both beat Wall Street consensus estimates with their first earnings reports since going public. Arista Networks (ANET), a provider of networking equipment that competes with Cisco Systems (CSCO) and others, reported second-quarter revenue of $137.9 million, up 65% from the year-earlier quarter and above the consensus estimate of $125 million. Arista stock was up more than 9% in after-hours Scalper1 News

Scalper1 News