A10 Networks Inc expected to post earnings of 17 cents a share - Earnings Preview

A10 Networks

26/07/2024 23:52

* A10 Networks Inc  ATEN.N   ATEN.K  is expected to show a
fall in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The San Jose California-based  company is expected to
report a
3.3% decrease in revenue to $63.676 million from $65.82 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for A10 Networks Inc is for
earnings of 17 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 $17.00​, above​ its last closing price of $14.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.14        0.15       0.17      Beat    13.3
 Dec. 31 2024  0.26        0.26       0.25      Missed  -4.1
 Sep. 30 2023  0.15        0.14       0.16      Beat    10.6​
 Jun. 30 2023  0.18        0.17       0.19      Beat    9.2
 ​​Jan.        0.14        0.14       0.13      Missed  -4.4
 1 0001                                                 
 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
 This summary was machine generated July 26 at 22:52 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)