Competitive PressureShares of ANET have seemingly come under some pressure following Meta's Minipack 51.2T switch announcement.
Financial PerformanceANET's balance for Binding Contractual Agreements with certain customers declined to $175.1 million, down from $265.5 million.
Market DynamicsEthernet, and Arista’s, speed advantage may be diminishing with the upcoming 1.6T product cycle.