Arista CEO details supply chain woes, mulls price hike
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. [ Get regularly scheduled insights by signing up for Network World newsletters. ] 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.To read this article in full, please click here