Arista Networks

10-Q for Q1 2024 (period ending Mar 31, 2024). Revenue: $1,571.4M. Filing description upgraded to 'next generation data center, campus and routing environments' and discusses AI-driven customer demand. Management guided ~$750M AI networking revenue for CY2024, with back-half weighting. Q1 is early in the ramp. Deriving from the $750M annual guide with front-half underweight: ~$130M in Q1. Math: $130M / $1,571M = 8.3%, rounded to 8%. Confidence: 'derived' -- management has given a specific $ figure for AI networking that can be allocated across quarters.