A10 Networks Inc reports results for the quarter ended September 30 - Earnings Summary

A10 Networks

08/11/2024 16:29

* A10 Networks Inc  ATEN.N  reported quarterly adjusted
earnings
of 21 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of 16 cents.  The mean expectation of four analysts
for the quarter was for earnings of 19 cents per share. Wall
Street expected results to range from 18 cents to 22 cents per
share.
    * Revenue rose 15.5% to $66.72 million from a year ago;
analysts
expected $63.76 million. 
    * A10 Networks Inc's reported EPS for the quarter was 17
cents​.
    * The company reported quarterly net income of $12.64
million.
    * A10 Networks Inc shares had risen by 7.1% this quarter and
gained 17.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 $17.00 
This summary was machine generated from LSEG data November 8 at
04:29 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
 Sep. 30 2024      0.19           0.21           Beat
 Jun. 30 2024      0.17           0.18           Beat
 Mar. 31 2024      0.15           0.17           Beat
 Dec. 31 2023      0.26           0.25           Missed