A10 Networks Inc Stock Price, News & Analysis

A10 Networks (NYSE:ATEN) has announced a significant partnership with Microsoft to provide security solutions for Microsoft's mission-critical generative AI infrastructure. The collaboration positions A10 as a key provider of DDoS mitigation and application protection services specifically optimized for AI workloads.

Under this agreement, A10 will deliver advanced threat detection and mitigation capabilities designed to meet the unique demands of hyperscale AI deployments. The partnership highlights A10's capabilities in scaling protection for AI-optimized infrastructure and reinforces its position in securing next-generation cloud innovations.

A10 Networks (NYSE: ATEN) has unveiled new capabilities for securing and optimizing AI infrastructure at the upcoming Interop Tokyo conference. The company introduced new AI firewall capabilities designed to protect Large Language Models (LLMs) through GPU-enabled hardware and edge-optimized architecture. The solution can detect AI-specific threats like prompt injections and sensitive information disclosure. Additionally, A10 announced predictive performance capabilities that function as an early warning system for network issues, helping prevent downtime and optimize performance. These new features run on GPU-powered appliances, enabling faster data processing and proactive anomaly detection. The solutions focus on addressing three key challenges in AI environments: latency, security, and operational complexity.

A10 Networks (NYSE: ATEN) reported strong Q1 2025 financial results with revenue growing 9% year-over-year to $66.1 million. The company achieved a GAAP gross margin of 79.7% and non-GAAP net income of $15.0 million ($0.20 per diluted share). A10 returned $51.4 million to investors through share repurchases and dividends. The Board approved a quarterly dividend of $0.06 per share and authorized a new $75 million share repurchase program. The company's recent acquisition of ThreatX Protect enhances their web application and API security capabilities. Despite some macroeconomic challenges and trade policy impacts, A10 maintains strong execution with growth in security-related revenue outpacing overall revenue growth.

A10 Networks (NYSE: ATEN), a secure application services and solutions provider, has scheduled its first quarter 2025 financial results announcement for May 1, 2025 after market close. The company will host an earnings conference call at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) on the same day.

Investors can join via phone at (888) 506-0062 (toll-free) or (973) 528-0011 (international) using access code 977788. A live webcast will be available on A10's investor relations website, with a one-year archive period. A replay will be accessible until May 15, 2025 by dialing (877) 481-4010 (toll-free) or (919) 882-2331 (international) with passcode 52288.

A10 Networks (NYSE: ATEN) has announced the pricing of $200 million convertible senior notes due 2030 in a private offering. The notes will carry a 2.75% annual interest rate, payable semi-annually, and will mature on April 1, 2030.

The initial conversion rate is set at 42.6257 shares per $1,000 principal amount, representing a conversion price of approximately $23.46 per share - a 20% premium over the last reported sale price of $19.55. The company expects net proceeds of approximately $193.8 million, with plans to use $44.2 million for immediate share repurchases at $19.55 per share.

The remaining proceeds will be used for working capital, general corporate purposes, and potential future acquisitions. The notes will become convertible under certain conditions before December 1, 2029, and freely convertible thereafter. The company maintains the option to redeem the notes after April 5, 2028, subject to specific conditions.

A10 Networks (NYSE: ATEN) has announced plans to offer $200 million in convertible senior notes due 2030 through a private offering to qualified institutional buyers. The company may grant initial purchasers an option for an additional $25 million in notes.

The notes will be senior, unsecured obligations with semi-annual interest payments. They become convertible under certain conditions before December 1, 2029, and freely convertible thereafter until maturity. The company will settle conversions through a combination of cash and/or common stock.

A10 Networks plans to use up to $44.2 million of the proceeds to repurchase shares concurrently with the offering. The remaining funds will be allocated for working capital, general corporate purposes, and potential future acquisitions. The notes will be redeemable after April 5, 2028, subject to specific conditions, including the stock price reaching 130% of the conversion price.

A10 Networks (NYSE: ATEN) has acquired ThreatX Protect's assets and key personnel to expand its cybersecurity portfolio with web application and API protection (WAAP). The acquisition, which has already closed, is expected to be modestly accretive to A10's earnings per share in 2025.

ThreatX Protect offers a WAAP solution utilizing behavioral and risk profiling to protect enterprises from evolving threats, including AI application threats. The software-as-a-service solution includes API protection, bot management, and next-generation web application firewall.

The acquisition supports A10's strategy of helping customers deploy security solutions in a hybrid approach to protect applications and APIs across various environments. The A10 Defend portfolio now includes hybrid DDoS protection, DDoS threat intelligence, web application and bot protection, and WAAP solution integrated into a single platform.

A10 Networks (NYSE: ATEN) reported strong Q4 2024 financial results with revenue of $74.2 million, up 5% year-over-year. Enterprise revenue grew 8% and service provider revenue increased 4%. The company achieved a GAAP gross margin of 79.9% and non-GAAP gross margin of 80.7%.

Q4 GAAP net income was $18.3 million (24.7% of revenue), or $0.24 per diluted share. Non-GAAP net income reached $23.0 million (30.9% of revenue), or $0.31 per share. For full-year 2024, revenue grew 4% to $261.7 million, with GAAP net income of $50.1 million.

The company ended Q4 with $195.6 million in cash and investments, generating $25.7 million in operational cash flow. A10 Networks returned $10.2 million to investors through share repurchases and dividends, declaring a quarterly dividend of $0.06 per share.

A10 Networks (NYSE: ATEN), a leading provider of secure application services and solutions, announced that it will release its fourth quarter and full year 2024 financial results on February 4, 2025, after market close.

Management will host a conference call at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) on the same day to discuss the results. Interested parties can join the call by dialing (833) 470-1428 (toll-free) or (404) 975-4839 and using access code 475407.

A live audio webcast will be accessible from the “Investor Relations” section of A10 Networks' website at investors.a10networks.com. The webcast will be archived for at least 90 days. A telephonic replay will be available two hours after the live call for seven days, accessible by dialing (866) 813-9403 (toll-free) or (929) 458-6194 and entering the passcode 596790.