A10 Networks' Q3 revenue up 11.9%, beats estimates

A10 Networks

04/11/2025 21:17

Overview

A10 Networks Q3 revenue grows 11.9% yr/yr, beating analyst expectations

Company repurchased 634,000 shares, returning $15.3 mln to investors

Outlook

Company highlights alignment with AI and cybersecurity trends as key growth drivers

A10 Networks emphasizes operational discipline to drive profitability and cash flow

Company focuses on disciplined execution for sustained growth

Result Drivers

AI INFRASTRUCTURE - Co attributes revenue growth to AI infrastructure buildouts serving as key catalysts

SECURITY DEMAND - Increasing demand for security and performance in infrastructure due to accelerating cyber threats

OPERATIONAL DISCIPLINE - Co cites operational discipline as crucial for converting revenue growth into profitability and cash flow

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$74.68 mln
$70.70 mln (7 Analysts)
Q3 Net Income
$12.19 mln
Q3 EBIT
$12.99 mln
Q3 Gross Profit
$59.85 mln
Q3 Operating Expenses
$46.85 mln
Q3 Pretax Profit
$13.99 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for A10 Networks Inc is $23.00, about 21.9% above its November 3 closing price of $17.97

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nBw7KZ87na

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)