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

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A10 Networks Reports Second Quarter 2020 Financial Results

July 28, 2020 4:05 PM EDT

Second Quarter Revenue of $52.5 Million; GAAP Net Income of $3.8 Million, GAAP EPS of $0.05, non-GAAP Net Income of $7.1 Million, non-GAAP EPS of $0.09 and Cash Flow from Operations of $10.5 Million

SAN JOSE, Calif.--(BUSINESS WIRE)-- A10 Networks (NYSE: ATEN), a leading provider of secure application services and solutions, today announced financial results for its second quarter ended June 30, 2020.

Second Quarter 2020 Financial Summary

Revenue of $52.5 million, up 7% year-over-year. GAAP gross margin of 78.2%; non-GAAP gross margin of 78.8%. GAAP operating expenses of $37.2... More