Tuesday, May 3, 2022

Arista CEO details supply chain woes, mulls price hikes

Like its competitors in the past few days Arista Networks spent a lot of its financial analysts call this week detailing the impact of the ongoing  supply chain problem and trying to find a light at the end of the tunnel.

Arista, like competitors Juniper and Extreme, says it is doing well financially—quarterly revenues up 31.4% to $877.1 million from $667.5 year-over-year, a record for the company. But the supply chain issues are getting worse, the company said.

Arista CEO and President Jayshree Ullal pointed to last-minute unavailability of parts (or what she called “decommittal of components”) from at least two unnamed suppliers that has hurt the company most recently.

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Thanks to Michael Cooney (see source)

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