Arista: Got Five Minutes?

Here is a link to CFO Ita Brennan’s fireside chat from earlier today at the J.P. Morgan Technology, Media, and Communications Conference.

At 16:25 of the recording analyst Samik Chatterjee asks about the CAGR over the past 3 to 4 years being 46% and could Ita give any color around this year’s guidance of mid-20’s growth for the balance of the year?

Her response goes to about the 20 minute mark.

Key phrases that stood out to me:

“Reasonably High Confidence” Scenario & “Base Plan” for 2018.

Here is a link, click on “Past Events” to access the webcast.

My sense is that although 2017 had many growth drivers that created the opportunity for the company to outperform management wanted to create an internal growth plan for 2018 that would be used for budgeting, compensation plans, etc. which has resulted in the mid-20’s guidance for the balance of the year.

You can judge for yourself based on what she says.

Frank - long ANET, see profile for all holdings


I topped up on this one yesterday too.