Earnings Results: Arista Networks stock falls as ‘cloud titan’ demand from Microsoft, Meta expected to moderate

Arista Networks Inc. shares slipped further in the extended session Monday after the cloud-network company’s said one of its biggest growth drivers could slow down after reporting that quarterly results and outlook both topped Wall Street estimates.

Arista ANET shares initially fell 3% after hours, following a flat day in the regular session to close at $160.16, and then as the conference call with analysts was well underway, shares fell even further, by up to 7% as executives said demand visibility was contracting.

On…