A10 Networks Inc Stock Price, News & Analysis

A10 Networks (NYSE: ATEN) has announced its participation in two upcoming investor conferences. The Raymond James Technology Investors Conference will take place in New York on December 6, 2022, with one-on-one meetings available. Additionally, the Sidoti Virtual Investor Conference is scheduled for December 8, 2022, at 9:15 a.m. PT. Interested investors can request meetings through their sales representatives or contact A10 Investor Relations.

A10 Networks specializes in secure application services for multi-cloud environments.

A10 Networks (NYSE: ATEN) reported third quarter 2022 revenue of $72.1 million, marking a 10.2% year-over-year increase driven by strong demand across regions and customer types. Enterprise sales surged by 17%, while Service Provider sales grew by 6%. The company maintained a GAAP gross margin of 79.5% and announced a 20% increase in its quarterly dividend to $0.06 per share. A $50 million stock buyback plan was also introduced. The firm reaffirmed its full-year growth outlook of 10-12% and adjusted EBITDA margins of 26-28%.

A10 Networks (NYSE: ATEN) will participate in three upcoming investor conferences. CEO Dhrupad Trivedi and CFO Brian Becker will host one-on-one meetings at these events:

• Furey Research Partners Hidden Gems Conference on November 7, 2022, at 6:45 a.m. PT.
• 16th Annual Needham Virtual Security, Networking & Communications Conference on November 15, 2022, at 9:45 a.m. PT.
• 13th Annual Craig-Hallum Alpha Select Conference on November 17, 2022, in New York.

For meeting requests, contact A10 Investor Relations.

A10 Networks (NYSE: ATEN) will announce its Q3 2022 financial results on November 1, 2022, after market close. The management will host a conference call at 1:30 p.m. PT to discuss the results. Interested parties can join by dialing (833) 927-1758 or accessing the live audio webcast on A10 Networks' Investor Relations page. The webcast will be available for 90 days, and a telephonic replay will be accessible shortly after the call. A10 Networks specializes in secure application services across various cloud environments.

A10 Networks (NYSE: ATEN) reported strong financial results for the second quarter of 2022, with revenue reaching $68.0 million, a 14.9% year-over-year increase. Key drivers included a notable 33.7% revenue growth in the Americas and a GAAP gross margin of 80.2%. The company achieved a GAAP net income of $10.4 million, up from $6.6 million in Q2 2021. A total of $7.2 million was returned to shareholders through share buybacks and dividends. A10 reiterated its full-year growth guidance of 10-12% in revenue and 26-28% EBITDA margins amid ongoing macroeconomic challenges.

A10 Networks (NYSE: ATEN) will announce its second quarter 2022 financial results after market close on August 2, 2022. Management will hold a call at 1:30 p.m. PT to discuss the results. Interested parties can join the call by dialing (844) 200-6205 or (929) 526-1599 with the passcode 598873. A live audio webcast will be available on the company's website and archived for 90 days. A10 Networks specializes in secure application services and solutions for multi-cloud environments, catering to service providers and enterprises worldwide.

A10 Networks highlights the alarming rise in cyber threats, particularly DDoS attacks, tracked by their security research team, which identified over 15.4 million DDoS weapons in 2021. This surge is linked to the Russia-Ukraine conflict and significant vulnerabilities like Log4j. The company urges organizations to implement Zero Trust principles for enhanced security. Their DDoS protection solutions received recognition from Frost & Sullivan, affirming their commitment to cybersecurity and global cooperation through memberships like the Microsoft Intelligent Security Association.

A10 Networks (NYSE: ATEN) reported its Q1 2022 financial results, showcasing a 14.3% year-over-year revenue increase to $62.7 million. Security-led product revenue surged by 20.1%. The Americas drove growth with a 25.5% increase. GAAP net income reached $6.3 million or $0.08 per diluted share, up from $2.7 million in Q1 2021. Non-GAAP net income rose to $10.0 million or $0.13 per diluted share. A quarterly dividend of $0.05 per share was declared. The company aims for 10-12% top-line growth and 26-28% EBITDA expansion in 2022.

A10 Networks will replace Ferro Corp in the S&P SmallCap 600, effective April 26, 2022. This change follows Ferro's acquisition by Prince International Corp., closing the same day. A10 Networks (ATEN) operates in the Information Technology sector, likely benefiting from increased visibility and investment opportunities within the index.