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Stock impact report

A10 Networks Reports Fourth Quarter and Full Year 2024 Financial Results

A10 Networks, Inc. (ATEN) 
Last a10 networks, inc. earnings: 2/11 04:10 pm Check Earnings Report
Company Research Source: Business Wire
Solid Performance Driven by Demand Improvement from Service Providers and Continued Execution in Enterprise Business SAN JOSE, Calif.--(BUSINESS WIRE)--A10 Networks, Inc. (NYSE: ATEN or the “Company”), a leading provider of cybersecurity and infrastructure solutions, today announced financial results for its fourth quarter and full year ended December 31, 2024.Fourth Quarter 2024 Financial SummaryRevenue of $74.2 million, compared to $70.4 million in the fourth quarter of 2023, representing a 5% increase.Enterprise revenue grew 8% for the quarter year-over-year, and service provider revenue grew 4%.GAAP gross margin of 79.9%; non-GAAP gross margin of 80.7%.GAAP net income was $18.3 million (24.7% of revenue), or $0.24 per diluted share, compared to net income of $17.9 million (25.4% of revenue) or $0.24 per diluted share in the fourth quarter of 2023.Non-GAAP net income of $23.0 million (30.9% of revenue), or $0.31 per diluted share (non-GAAP EPS) compared to non-GAAP net income of Show less Read more
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