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

A10 Networks

05/05/2023 24:36

* A10 Networks Inc  ATEN.N  reported quarterly adjusted
earnings
of 13 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
14 cents per share.
    * Revenue fell 7.9% to $57.69 million from a year ago;
analysts
expected $57.04 million. 
    * A10 Networks Inc's reported EPS for the quarter was 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.3%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * A10 Networks Inc shares had fallen by 9.1% this
quarter and
lost 15.3% so far this year.
    * Wall Street's median 12-month price target for A10
Networks Inc
is $21.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
4 at 11:36 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.14           0.13           Missed
 Dec. 31 2022      0.22           0.24           Beat
 Sep. 30 2022      0.18           0.17           Missed
 Jun. 30 2022      0.16           0.17           Beat