A10 Networks Reports First Quarter 2020 Financial Results

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A10 Networks (ATEN) Tops Q1 EPS by 3c

May 7, 2020 4:59 PM EDT

A10 Networks (NYSE: ATEN) reported Q1 EPS of $0.05, $0.03 better than the analyst estimate of $0.02. Revenue for the quarter came in at $53.8 million versus the consensus estimate of $51.47 million.

The strong first quarter, with revenue and profitability that exceeded our guidance, demonstrates that we are firmly on the right path, with an increasingly efficient organization, products that are increasingly in demand and a globally diversified presence, said Dhrupad Trivedi, president and chief executive officer of A10 Networks. To be sure, the Covid-19 pandemic is... More