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0 -0.0384615384615385 -0.0384615384615385 0 0.0376923076923077 0.0107692307692308 0.00307692307692315 0.00307692307692315
Stock impact report

A10 Networks Reports Financial Results for the Fourth Quarter of 2023

A10 Networks, Inc. (ATEN) 
Last a10 networks, inc. earnings: 2/11 04:10 pm Check Earnings Report
Company Research Source: Business Wire
Company Achieves Revenue Guidance, Maintains Strong Profitability and Business Model SAN JOSE, Calif.--(BUSINESS WIRE)--A10 Networks, Inc. (NYSE: ATEN), a leading provider of cybersecurity and infrastructure solutions, today announced financial results for its fourth quarter ended December 31, 2023.Fourth Quarter 2023 Financial SummaryRevenue of $70.4 million, in-line with guidance and down $7.2 million (9.3%) year-over-year due to market conditions related to North American service provider customers’ capital expenditures. Sequentially, revenue increased 21.9%, reflecting delayed orders from the third quarter as expected.Enterprise revenue increased 22.6% year-over-year.GAAP gross margin of 81.1%; non-GAAP gross margin of 81.8% as a result of continued focus on operational execution of business model goals in spite of near-term volatility in the market.GAAP net income of $17.9 million (representing 25.4% of revenue), or $0.24 per diluted share, compared to net income of $18.0 mill Show less Read more
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