A10 Networks Reports Third Quarter 2019 Financial Results and Fourth Quarter Outlook
A10 Networks, Inc. (ATEN)
Last a10 networks, inc. earnings: 2/11 04:10 pm
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US:NYSE Investor Relations:
investors.a10networks.com/home/default.aspx
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Source: Business Wire
Third Quarter Revenue Grew 7% Sequentially, Above Midpoint of Prior GuidanceExpects Fourth Quarter Sequential Revenue Growth of 8% at Midpoint of Range SAN JOSE, Calif.--(BUSINESS WIRE)--A10 Networks (NYSE: ATEN), a leading provider of intelligent and automated cybersecurity solutions, today announced financial results for its third quarter ended September 30, 2019.Third Quarter 2019 Financial SummaryRevenue of $52.8 million, up 7 percent compared with $49.2 million in second quarter 2019GAAP gross margin of 77.4 percent, non-GAAP gross margin of 78.1 percentGAAP operating expenses of $40.7 million, non-GAAP operating expenses of $39.4 millionGAAP net income of $0.2 million, or $0.00 per basic and diluted share, non-GAAP net income of $1.8 million, or $0.02 per basic and diluted shareAdjusted EBITDA of $4.0 million, compared with $1.3 million in second quarter 2019A reconciliation between GAAP and non-GAAP information is contained in the financial statements below.“We delivered res
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