A10 Networks, Inc. reports developments tied to secure application services and network infrastructure for enterprises, service providers and cloud platforms. The company’s updates center on application delivery, traffic management, DDoS protection, application and API security, centralized management, and solutions used across on-premises, hybrid cloud and edge environments.
Recurring ATEN news includes quarterly and annual financial results, revenue and profitability trends, board-approved cash dividends, investor-day strategy updates across legacy networking, next-generation networking and security, demand tied to AI infrastructure buildouts, and executive leadership changes.
A10 Networks (NYSE: ATEN) will announce its fourth quarter and full year 2020 financial results on February 9, 2021, post-market close. A conference call will follow at 1:30 p.m. PT (4:30 p.m. ET) to discuss these results. Interested parties can join by calling +1-844-792-3728 or +1-412-317-5105. Additionally, executives Dhrupad Trivedi and Brian Becker will present at the Sidoti Winter Investor Conference on January 13, 2021, and the Needham Virtual Growth Conference on January 14, 2021. For more details, visit the investor relations section of their website.
A10 Networks (NYSE: ATEN) reported its third-quarter financial results for 2020, showcasing revenue of $56.6 million, reflecting a 7.1% year-over-year increase. The company achieved a record GAAP net income of $6.5 million, translating to $0.08 per share, compared to $173,000 in Q3 2019. Gross margins were solid, with GAAP at 76.8% and non-GAAP at 77.6%. A10 ended the quarter with $159.1 million in cash and no debt, indicating a robust financial position. Management highlighted a strong focus on organic growth and profitability amidst current market challenges.