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

A10 Networks

30/04/2024 23:40

* A10 Networks Inc  ATEN.N  reported quarterly adjusted
earnings
of 17 cents​​ per share for the quarter ended in January, higher
than the same quarter last year, when the company reported EPS
of 13 cents.  The mean expectation of four analysts for the
quarter was for earnings of 15 cents per share. Wall Street
expected results to range from 13 cents to 17 cents per share.
    * Revenue rose 5.2% to $60.68 million from a year ago;
analysts
expected $59.43 million. 
    * A10 Networks Inc's reported EPS for the quarter was 13
cents​.
    * A10 Networks Inc shares had fallen by 2.1% this
quarter and
gained 1.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 15.4%
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 $16.00 
This summary was machine generated from LSEG data April 30 at
10:40 p.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
 Mar. 31 2024      0.15           0.17           Beat
 Dec. 31 2023      0.26           0.25           Missed
 Sep. 30 2023      0.14           0.16           Beat
 Jun. 30 2023      0.17           0.19           Beat