A10 Networks (ATEN) Tops Q3 EPS by 1c; Approves $20M Stock Buyback

October 27, 2016 4:12 PM

A10 Networks (NYSE: ATEN) reported Q3 EPS of $0.00, $0.01 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $55.1 million versus the consensus estimate of $59.26 million.

A10 Networks also announced that its Board of Directors authorized a share repurchase program for up to $20 million of common stock over the next 12 months. Under the repurchase authorization, shares may be purchased from time to time, subject to general business and market conditions and other investment opportunities, through open market purchases, privately negotiated transactions or other means. The repurchase authorization may be commenced, suspended or discontinued at any time at the company’s discretion.

For earnings history and earnings-related data on A10 Networks (ATEN) click here.

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