A10 Networks Q2 revenue $59.2M (+12.7% YoY); GAAP EPS $0.08, non-GAAP $0.13; guides Q3 rev $60.6-63.4M

A10 Networks, Inc.

2021-Q2 EPS reported $0.12 revenue$114,011,000

Revenue $59.2M, up 12.7% YoY; Americas grew 20% YoY; Japan normalized as expected.
GAAP net income $6.6M ($0.08 EPS) vs $3.8M ($0.05) YoY; non-GAAP EPS $0.13; adjusted EBITDA $13.2M.
Deferred revenue all-time high $116.3M (+10.8% YoY); product revenue up 17.6%.
Q3 2021 revenue guidance $60.6-$63.4M (7-12% YoY growth); bottom-line growing faster than top-line.
Cash from operations $17.2M in Q2; management cites improving commercial execution and market share gains.

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