A10 Networks Inc reports results for the quarter ended in December - Earnings Summary

A10 Networks

07/02/2024 24:57

* A10 Networks Inc  ATEN.N  reported quarterly adjusted
earnings
of 25 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of 24 cents.  The mean expectation of four analysts
for the quarter was for earnings of 26 cents per share. Wall
Street expected results to range from 24 cents to 27 cents per
share.
    * Revenue fell 9.3% to $70.42 million from a year ago;
analysts
expected $74.77 million. 
    * A10 Networks Inc's reported EPS for the quarter was 24
cents​.
    * A10 Networks Inc shares had fallen by 1.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for A10 Networks Inc
is $15.00 
This summary was machine generated from LSEG data February 7 at
12:57 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.26           0.25           Missed
 Sep. 30 2023      0.14           0.16           Beat
 Jun. 30 2023      0.17           0.19           Beat
 Mar. 31 2023      0.14           0.13           Missed