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ATEN — A10 Networks News Story

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Brief: A10 Networks Q2 Revenue USD 69.383 Million Vs. IBES Estimate USD 66.2 Million

Overview

A10 Networks Q2 revenue grows 15% yr/yr, beating analyst expectations

Non-GAAP net income rises in the qtr

Co repurchased shares and paid dividends, returning $8.3 mln to investors

Result Drivers

SECURITY DEMAND - Increased demand for security and infrastructure solutions contributed to revenue growth, per CEO Dhrupad Trivedi

AI INVESTMENTS - Revenue benefited from AI infrastructure investments and data center expansions

OPERATIONAL DISCIPLINE - Strong operational discipline helped improve profitability and cash flow

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$69.38 mln$66.20 mln (6 Analysts)
Q2 Net Income$10.54 mln
Q2 EBIT$10.31 mln
Q2 Gross Profit$54.71 mln
Q2 Operating Expenses$44.40 mln
Q2 Pretax Profit$11.93 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell" The average consensus recommendation for the software peer group is "buy" Wall Street's median 12-month price target for A10 Networks Inc is $22.00, about 17.4% above its August 4 closing price of $18.17 The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 19 three months ago Press Release: ID:nBw5pkZg5a (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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