A10 Networks Inc expected to post earnings of 14  cents a share - Earnings Preview

A10 Networks

03/05/2023 03:07

* A10 Networks Inc  ATEN.N   ATEN.K  is expected to show a
fall in
quarterly revenue when it reports  results on May 4. 
    * The San Jose California-based  company is expected to
report  a
9.0% decrease in revenue to $57.045 million from $62.67 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. The company's guidance on April 3 2023,
for the period ended March 31, was for revenue between $56.00
million and $58.00 million.
    * ​Refinitiv's mean analyst estimate for A10 Networks Inc is
for
earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for A10
Networks Inc
is $21​, above​ its last closing price of $14.04. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.22        0.22       0.24      Beat    7.4
 Sep. 30 2022  0.18        0.18       0.17      Missed  -5.3
 Jun. 30 2022  0.16        0.16       0.17      Beat    8.3​
 Mar. 31 2022  0.11        0.11       0.13      Beat    23.8
 ​​Dec.        0.19        0.17       0.20      Beat    15.9
 31 2021                                                
 Sep. 30 2021  0.14        0.14       0.17      Beat    21.4​
 Jun. 30 2021  0.11        0.11       0.13      Beat    13.5
 Mar. 31 2021  0.11        0.11       0.12      Beat    12.2
 This summary was machine generated May 3 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated