A10 Networks Reports Fourth Quarter 2019 Financial Results and First Quarter Outlook
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A10 Networks (ATEN) Reports Q4 EPS of $0.10, Revenues Beat; Offers Q1 EPS/Revenue Guidance Below Consensus
February 11, 2020 4:14 PM ESTA10 Networks (NYSE: ATEN) reported Q4 EPS of $0.10, versus $0.05 reported last year. Revenue for the quarter came in at $60.3 million versus the consensus estimate of $51 million.
Fourth Quarter 2019 Financial Summary
Revenue of $60.3 million, up 14 percent compared with $52.8 million in third quarter 2019GAAP gross margin of 77.7 percent; non-GAAP gross margin of 78.5 percentGAAP operating expenses of $46.8 million; non-GAAP operating expenses of $39.7 millionGAAP net income of $0.0 million, or $0.00 per basic and diluted share, compared with GAAP net income of $0.2 million, or $0.00 per basic and diluted... More