Arista Networks, Inc. (NYSE:ANET) Q2 2024 Earnings Conference Call July 30, 2024 4:30 PM ET
Company Participants
Liz Stine - Director of Investor Relations
Jayshree Ullal - Chairperson & Chief Executive Officer
Ashwin Kohli - Chief Customer Officer
Chantelle Breithaupt - Chief Financial Officer
Conference Call Participants
Michael Ng - Goldman Sachs
Aaron Rakers - Wells Fargo
Meta Marshall - Morgan Stanley
Atif Malik - Citi
Antoine Chkaiban - New Street Research
Amit Daryanani - Evercore ISI
Tal Liani - Bank of America
George Notter - Jefferies
Samik Chatterjee - JPMorgan
Karl Ackerman - BNP Paribas
Ben Bollin - Cleveland Research Company
Alex Henderson - Needham
James Fish - Piper Sandler
Ittai Kidron - Oppenheimer
Simon Leopold - Raymond James
Tim Long - Barclays
Sebastian Naji - William Blair
David Vogt - UBS
Operator
Welcome to the Second Quarter 2024 Arista Networks Financial Results Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded and will be available for replay from the Investor Relations section at the Arista website following this call.
Ms. Liz Stine, Arista's Director of Investor Relations, you may begin.
Liz Stine
Thank you, operator. Good afternoon, everyone and thank you for joining us. With me on today's call are Jayshree Ullal, Arista Networks Chairperson and Chief Executive Officer; and Chantelle Breithaupt, Arista's Chief Financial Officer. This afternoon, Arista Networks issued a press release announcing the results for its fiscal second quarter ending June 30, 2024. If you would like a copy of this release, you can access it online at our website.
During the course of this conference call, Arista Networks management will make forward-looking statements, including those relating to our financial outlook for the third quarter of the 2024 fiscal year, longer-term financial outlooks for 2024 and beyond, our total addressable market and strategy for addressing these market opportunities, including AI, customer demand trends, supply chain constraints, component costs, manufacturing output, inventory management and inflationary pressures on our business, lead times, product innovation, working capital optimization and the benefits of acquisitions which are subject to the risks and uncertainties that we discuss in detail in our documents filed with the SEC, specifically in our most recent Form 10-Q and Form 10-K and which could cause actual results to differ materially from those anticipated by these statements. These forward-looking statements apply as of today and you should not rely on them as representing our views in the future. We undertake no obligation to update these statements after this call. Also, please note that certain financial measures we use on the call are expressed on a non-GAAP basis and have been adjusted to exclude certain charges. We have provided reconciliations of these non-GAAP financial measures to GAAP financial measures in our earnings press release.