A10 Networks, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 04:27 pm EST
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A10 Networks, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 57.78 million compared to USD 72.06 million a year ago. Net income was USD 6.47 million compared to USD 12.11 million a year ago. Basic earnings per share from continuing operations was USD 0.09 compared to USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.09 compared to USD 0.16 a year ago.
For the nine months, revenue was USD 181.28 million compared to USD 202.7 million a year ago. Net income was USD 22.05 million compared to USD 28.88 million a year ago. Basic earnings per share from continuing operations was USD 0.3 compared to USD 0.38 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.37 a year ago.
A10 Networks, Inc. is a provider of cybersecurity and infrastructure solutions for on-premises, hybrid cloud, and edge-cloud environments. Its product portfolio consists of six secure application solutions and two intelligent management and automation tools. Its software solutions are available to be delivered in a variety of form factors, such as embedded in optimized hardware appliances, as bare metal software, containerized software, virtual appliances and cloud-native software. Its secure application solutions include Thunder Application Delivery Controller (ADC), Thunder Carrier Grade Networking (CGN), Thunder SSL Insight (SSLi), and Thunder Convergent Firewall (CFW). Harmony Controller is its intelligent management and automation tool. Its A10 Defend Suite of Products include A10 Defend Threat Control, A10 Defend Orchestrator, A10 Defend Detector, and A10 Defend Mitigator. Its customers span global large enterprises and communications, cloud and Web service providers, and others.