A10 Networks (ATEN) Set to Announce Earnings on Tuesday


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A10 Networks (NYSE:ATEN) is scheduled to be announcing its earnings results after the market closes on Tuesday, April 27th. Analysts expect the company to announce earnings of $0.06 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

A10 Networks (NYSE:ATEN) last issued its quarterly earnings data on Monday, February 8th. The communications equipment provider reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.10. A10 Networks had a net margin of 4.49% and a return on equity of 13.20%. The company had revenue of $62.66 million for the quarter, compared to analysts’ expectations of $63.85 million. On average, analysts expect A10 Networks to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of A10 Networks stock opened at $9.24 on Tuesday. A10 Networks has a twelve month low of $5.86 and a twelve month high of $11.86. The stock has a market cap of $710.69 million, a price-to-earnings ratio of 71.08 and a beta of 0.96. The company’s fifty day moving average is $9.65 and its 200 day moving average is $8.88.

In other A10 Networks news, CFO Brian Becker sold 8,085 shares of the company’s stock in a transaction on Monday, March 8th. The shares were sold at an average price of $9.21, for a total transaction of $74,462.85. Following the sale, the chief financial officer now owns 40,448 shares of the company’s stock, valued at $372,526.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 16,536 shares of company stock worth $154,138 in the last ninety days. Insiders own 23.65% of the company’s stock.

ATEN has been the topic of a number of research analyst reports. TheStreet cut shares of A10 Networks from a “b” rating to a “c+” rating in a research report on Tuesday, February 16th. Zacks Investment Research cut shares of A10 Networks from a “buy” rating to a “hold” rating in a research report on Tuesday, December 29th.

A10 Networks Company Profile

A10 Networks, Inc provides software and hardware solutions in the United States, Japan, other Asia Pacific and EMEA countries, and Latin America. The company offers Thunder application delivery controller (ADC) that provides advanced server load balancing; Lightning ADC, a cloud-native software-as-a-service platform to boost the delivery and security of applications and micro services; and Thunder carrier grade networking product, which offers standards-compliant address and protocol translation services for service provider networks.

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Earnings History for A10 Networks (NYSE:ATEN)

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