A10 Networks Inc reports results for the quarter ended September 30 - Earnings Summary

• A10 Networks Inc ATEN.N reported quarterly adjusted earnings of 21 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of four analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 18 cents to 22 cents per share.

• Revenue rose 15.5% to $66.72 million from a year ago; analysts expected $63.76 million.

• A10 Networks Inc's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of $12.64 million.

• A10 Networks Inc shares had risen by 7.1% this quarter and gained 17.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.1% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for A10 Networks Inc is $17.00

This summary was machine generated from LSEG data November 8 at 04:29 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)