A10 Networks Reports Organic Growth, Expansion of Recurring Revenue and Security Solutions, Driven by 5G and Cybersecurity, for Q1 2021

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A10 Networks (ATEN) Tops Q1 EPS by 1c

April 27, 2021 4:30 PM EDT

A10 Networks (NYSE: ATEN) reported Q1 EPS of $0.12, $0.01 better than the analyst estimate of $0.11. Revenue for the quarter came in at $54.8 million versus the consensus estimate of $55.63 million.

We made significant progress in the first quarter against our stated goal of growing recurring revenue, and continued increasing security solutions revenue as a percent of total revenue, said Dhrupad Trivedi, President and Chief Executive Officer of A10 Networks. Our best-in-class security solutions are increasingly well-received by the market, and demand for network... More