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Arista Chosen by CBC for IP Broadcast Facility in Montreal
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Arista Networks, Inc. (ANET - Free Report) recently announced that its cutting-edge switching infrastructure has been chosen by CBC/Radio-Canada — Canada’s national public broadcaster — for the latter’s new “Maison de Radio-Canada” (MRC) in Montreal. Financial terms of this multi-year contract were not disclosed.
MRC is an advanced facility, which is expected to be compliant with the SMPTE ST2110 suite of standards for professional media applications over managed IP networks. With this strategic move, the cloud networking company intends to provide CBC with high-performance IP Switching platforms, Arista EOS (Extensible Operating System) software, and services that will likely make MRC one of the most advanced IP broadcast facilities in the world.
Notably, Arista EOS provides the performance of a traditional broadcast infrastructure while enabling CBC to meet customer demands for high definition audio and video, including 4k and 8k. The integration of Arista EOS, CloudVision and Media Control Services provides the orchestration and telemetry applications required to operate CBC’s broadcast network.
Arista is a leader in 100-gigabit Ethernet switching share in port for the high-speed datacenter segment. The company has successfully integrated two M&A transactions — Mojo Networks for Cognitive Wi-Fi in the campus and Metamako for ultra-low latency networking — which remain additional tailwinds for business growth. Moreover, it is earning a strategic role with customers deploying transformative cloud networking. The company aims to sustain profitable revenue growth and healthy cash generation in 2019 and beyond on the back of industry-leading product offerings.
Furthermore, Arista continues benefiting from the expanding cloud networking market, owing to strong demand for scalable infrastructure. In addition to high capacity and easy availability, its cloud networking solutions promise predictable performance along with programmability that enables integration with third-party applications for network management, automation and orchestration. The company’s product portfolio facilitates the implementation of high-performance, highly scalable and appropriate solutions for every environment.
Arista’s strategy of leveraging merchant silicon from multiple suppliers has expanded product portfolio and increased its ability to offer products at cheaper prices. This has also helped it to focus on developing software like EOS and CloudVision. While EOS is core to the company’s cloud networking solutions for next-generation data centers and cloud networks, CloudVision is a network-wide approach for workload orchestration, workflow automation and real-time telemetry as a turnkey solution for cloud networking.
Arista is well poised to benefit from strong demand for its data center switches. Moreover, continued spending on IT infrastructure products (server, enterprise storage and Ethernet switches) for deployment in cloud environments is likely to benefit the company. Notably, its switches and routers support the high-end cloud networking market that require fast throughput at low cost. The robust product portfolio is aiding the company to win customers on a regular basis, boosting its top line.
Arista has been witnessing positive momentum across cloud titan and enterprise verticals. For first-quarter 2019, it projects revenues in the range of $588-$598 million. The company anticipates non-GAAP gross margin of 63-65% and non-GAAP operating margin of about 35%. Arista has a long-term earnings growth expectation of 20.1%. Driven by diligent execution of operational priorities, the stock has recorded an average return of 57.3% compared with the industry’s rise of 28.8% in the past three months.
Currently, Arista sports a Zacks Rank #1 (Strong Buy). Other top-ranked stocks in the industry include Airgain, Inc. (AIRG - Free Report) , Knowles Corporation (KN - Free Report) and Acacia Communications, Inc. . While Airgain and Knowles sport a Zacks Rank #1, Acacia carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Airgain currently has a forward P/E (F1) of 43.5x.
Knowles has a long-term earnings growth expectation of 10%.
Acacia has a long-term earnings growth expectation of 18.5%.
Is Your Investment Advisor Fumbling Your Financial Future?
See how you can more effectively safeguard your retirement with a new Special Report, “4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.”
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Arista Chosen by CBC for IP Broadcast Facility in Montreal
Arista Networks, Inc. (ANET - Free Report) recently announced that its cutting-edge switching infrastructure has been chosen by CBC/Radio-Canada — Canada’s national public broadcaster — for the latter’s new “Maison de Radio-Canada” (MRC) in Montreal. Financial terms of this multi-year contract were not disclosed.
MRC is an advanced facility, which is expected to be compliant with the SMPTE ST2110 suite of standards for professional media applications over managed IP networks. With this strategic move, the cloud networking company intends to provide CBC with high-performance IP Switching platforms, Arista EOS (Extensible Operating System) software, and services that will likely make MRC one of the most advanced IP broadcast facilities in the world.
Notably, Arista EOS provides the performance of a traditional broadcast infrastructure while enabling CBC to meet customer demands for high definition audio and video, including 4k and 8k. The integration of Arista EOS, CloudVision and Media Control Services provides the orchestration and telemetry applications required to operate CBC’s broadcast network.
Arista is a leader in 100-gigabit Ethernet switching share in port for the high-speed datacenter segment. The company has successfully integrated two M&A transactions — Mojo Networks for Cognitive Wi-Fi in the campus and Metamako for ultra-low latency networking — which remain additional tailwinds for business growth. Moreover, it is earning a strategic role with customers deploying transformative cloud networking. The company aims to sustain profitable revenue growth and healthy cash generation in 2019 and beyond on the back of industry-leading product offerings.
Furthermore, Arista continues benefiting from the expanding cloud networking market, owing to strong demand for scalable infrastructure. In addition to high capacity and easy availability, its cloud networking solutions promise predictable performance along with programmability that enables integration with third-party applications for network management, automation and orchestration. The company’s product portfolio facilitates the implementation of high-performance, highly scalable and appropriate solutions for every environment.
Arista’s strategy of leveraging merchant silicon from multiple suppliers has expanded product portfolio and increased its ability to offer products at cheaper prices. This has also helped it to focus on developing software like EOS and CloudVision. While EOS is core to the company’s cloud networking solutions for next-generation data centers and cloud networks, CloudVision is a network-wide approach for workload orchestration, workflow automation and real-time telemetry as a turnkey solution for cloud networking.
Arista is well poised to benefit from strong demand for its data center switches. Moreover, continued spending on IT infrastructure products (server, enterprise storage and Ethernet switches) for deployment in cloud environments is likely to benefit the company. Notably, its switches and routers support the high-end cloud networking market that require fast throughput at low cost. The robust product portfolio is aiding the company to win customers on a regular basis, boosting its top line.
Arista has been witnessing positive momentum across cloud titan and enterprise verticals. For first-quarter 2019, it projects revenues in the range of $588-$598 million. The company anticipates non-GAAP gross margin of 63-65% and non-GAAP operating margin of about 35%. Arista has a long-term earnings growth expectation of 20.1%. Driven by diligent execution of operational priorities, the stock has recorded an average return of 57.3% compared with the industry’s rise of 28.8% in the past three months.
Currently, Arista sports a Zacks Rank #1 (Strong Buy). Other top-ranked stocks in the industry include Airgain, Inc. (AIRG - Free Report) , Knowles Corporation (KN - Free Report) and Acacia Communications, Inc. . While Airgain and Knowles sport a Zacks Rank #1, Acacia carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Airgain currently has a forward P/E (F1) of 43.5x.
Knowles has a long-term earnings growth expectation of 10%.
Acacia has a long-term earnings growth expectation of 18.5%.
Is Your Investment Advisor Fumbling Your Financial Future?
See how you can more effectively safeguard your retirement with a new Special Report, “4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.”
Click to get it free >>