Arista Networks Inc Q2 2021 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: David Vogt - UBS Investment Bank, Research Division - Analyst : A competitor just recently noted, as you guys are talking about that they're seeing some orders placed a little bit earlier, suggesting that there's been a little bit of a pull forward given sort of the industry constraints. Can you guys just kind of explain a little bit how you're thinking about visibility relative to your order book and backlog, given the strength this quarter and sort of the supply constraints. Does this lead to better visibility, obviously, over the next, let's call it, 2 to 3 months? And what does that mean for the fourth quarter without getting into specific guidance.

Question: Samik Chatterjee - JPMorgan Chase & Co, Research Division - Analyst : Jayshree, you did comment starting off that you're seeing strong demand from enterprise customers. Wondering if you can just talk about what you're seeing from the other customer verticals like is demand accelerating. Similarly, for example, the cloud titans as well as some of the telcos. And keeping that backdrop in mind does look like the third quarter guidance is more like a 4% increase when traditionally, we've seen like a high single digit. So should I just infer that all supply kind of driven in terms of the moderation relative to historical trends?