A10 Networks (ATEN) Tops Q1 EPS by 3c

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A10 Networks Reports First Quarter 2020 Financial Results

May 7, 2020 4:05 PM EDT

First Quarter Revenue of $53.8 Million; Company Meets or Exceeds All Guidance Metrics

SAN JOSE, Calif.--(BUSINESS WIRE)-- A10 Networks (NYSE: ATEN), a leading provider of intelligent and automated cybersecurity solutions, today announced financial results for its first quarter ended March 31, 2020.

First Quarter 2020 Financial Summary

Revenue of $53.8 million, exceeded high end of guidance and up 7% year-over-year. GAAP gross margin of 77.4%; non-GAAP gross margin of 78.3%, exceeded high end of guidance. GAAP operating expenses of $41.8 million;... More