A10 Networks (ATEN) Tops Q3 EPS by 2c
A10 Networks (NYSE: ATEN) reported Q3 EPS of ($0.07), $0.02 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $50.8 million versus the consensus estimate of $50.49 million.
“We delivered record revenue for the second consecutive quarter and achieved better than expected bottom line results,” said Lee Chen, president and chief executive officer of A10 Networks. “Our security focused portfolio, encompassing our standalone high-end Thunder TPS appliance and Thunder ADC with advanced security features such as SSL Insight and web application firewall, continues to gain traction with customers and partners. We are encouraged by our momentum as we enter the fourth quarter and will remain focused on executing our growth strategy, furthering our technology leadership, and expanding our addressable markets.”
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