A10 Networks Inc Stock Price, News & Analysis

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.

A10 Networks is advancing its strategy to secure customers' AI applications. As AI adoption grows, it creates new architectures and security challenges in data centers and hybrid cloud infrastructures. A KPMG survey revealed over 76% of respondents fear data privacy and security risks from Generative AI (GenAI). To address these concerns, A10 Networks is expanding its infrastructure and security solutions to include an AI firewall and LLM safety tooling. These tools aim to enhance security, availability, and low latency for AI applications. The AI firewall inspects traffic to AI inference applications, enforces policies, and minimizes latency. A10 Networks' president and CEO, Dhrupad Trivedi, highlights the importance of securing AI applications to maximize performance and availability.

A10 Networks (NYSE: ATEN) has announced its participation in three upcoming investor conferences. The company will attend the UBS Global Technology and AI Conference in Scottsdale, Arizona on December 4, 2024, the BTIG Virtual Software Forum on December 10, 2024, and the Needham Annual Growth Conference on January 16, 2025. CEO Dhrupad Trivedi and CFO Brian Becker will participate in one-on-one meetings and provide corporate overviews. Interested investors can request meetings through their sales representatives or by contacting A10's Investor Relations.

A10 Networks (NYSE: ATEN) reported strong Q3 2024 financial results with revenue of $66.7 million, up from $57.8 million in Q3 2023. The company achieved a GAAP net income of $12.6 million ($0.17 per diluted share) and non-GAAP net income of $15.9 million ($0.21 per diluted share). Notable highlights include an 80.5% GAAP gross margin, cash and investments reaching $182.1 million, and $21.0 million generated from operations. The company returned $13.9 million to investors through share repurchases and dividends. Security-led revenue represented 63% of total revenue, reflecting A10's evolution into a cybersecurity-focused organization.

A10 Networks (NYSE: ATEN) has outlined a blueprint to secure and deliver AI applications, aiming to increase cyber resilience. The company is enhancing its Advanced Core Operating System (ACOS) with an integrated AI stack, set to launch later this year. This update will enable A10 solutions to interface with customers' AI Inference and GenAI environments.

Key developments include:

• A10 Control: A centralized management platform for A10 Thunder ADC and A10 Defend products
• AI-powered bot protection as part of the A10 Defend portfolio
• Expanded DDoS protection capabilities for large enterprises

These innovations aim to help customers lower cybersecurity risks, improve user experiences, and simplify IT infrastructures in the face of increasing AI adoption and cybersecurity threats.

A10 Networks (NYSE: ATEN) has announced that it will release its third quarter 2024 financial results after market close on Thursday, November 7, 2024. The company 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 access the call by dialing (833) 470-1428 (toll-free) or (404) 975-4839 with access code: 713043. A live audio webcast will be available on the company's Investor Relations website. The webcast will be archived for at least 90 days, and a telephonic replay will be accessible for seven days after the call.

A10 Networks (NYSE: ATEN), a leading provider of secure application services and solutions, has announced its participation in two upcoming investor conferences. CEO Dhrupad Trivedi will attend:

• The 16th Annual BWS Financial Growth and Value Summer Investor Series in New York on August 20, 2024
• The Deutsche Bank 2024 Technology Conference in California on August 28-29, 2024

At both events, Trivedi will host one-on-one meetings with investors. Interested parties can request meetings through their sales representatives at the sponsoring firms or by contacting A10 Investor Relations directly at aten@fnkir.com.

A10 Networks (NYSE: ATEN) reported its Q2 2024 financial results, showing revenue of $60.1 million, down from $65.8 million in Q2 2023. Despite the decrease, the company maintained solid profitability with a GAAP gross margin of 80.0% and non-GAAP gross margin of 80.9%. GAAP net income was $9.5 million ($0.13 per diluted share), while non-GAAP net income reached $13.2 million ($0.18 per diluted share).

The company returned $16.3 million to investors through share repurchases and dividends. A10 Networks' CEO, Dhrupad Trivedi, noted volatility in the North American service provider market but highlighted 25% growth in Enterprise revenue for Q2 and 7% year-to-date. The company continues to invest in R&D, focusing on enterprise-targeted solutions and AI-driven market potential.