A10 Networks Reports Second Quarter 2020 Financial Results

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A10 Networks (ATEN) PT Raised to $13.50 at BWS Financial

July 29, 2020 9:15 AM EDT

BWS Financial analyst Hamed Khorsand raised the price target on A10 Networks (NYSE: ATEN) to $13.50 (from $9.50) while maintaining a Buy rating.

The analyst commented, "A10 Networks (ATEN) reporting second quarter results reaffirmed the improved cost structure the Company is now operating under... More

A10 Networks (ATEN) Tops Q2 EPS by 1c

July 28, 2020 4:12 PM EDT

A10 Networks (NYSE: ATEN) reported Q2 EPS of $0.09, $0.01 better than the analyst estimate of $0.08. Revenue for the quarter came in at $52.5 million versus the consensus estimate of $52.1 million.

A10 continues to make progress on our business model transformation, resulting in improved earnings power, amidst an uncertain environment, said Dhrupad Trivedi, President and Chief Executive Officer of A10 Networks. To date, we have successfully navigated the challenges related to the pandemic and associated economic disruptions. Demand remains... More