A10 Networks Q3 revenue $65.4M (+15% YoY); declares $0.05 dividend, $100M buyback

A10 Networks, Inc.

2021-Q3 EPS reported $1.05 revenue$179,371,000

Q3 revenue $65.4M (+15% YoY); GAAP net income $74.9M ($0.94 diluted) incl non-recurring tax benefit; non-GAAP net income $13.7M ($0.17).
Security product sales up 18% YoY; Americas revenue up 47% YoY; deferred revenue record $117.1M (+15%).
Board declared first quarterly dividend $0.05/share, payable Dec 15, 2021 to holders of record Nov 12, 2021.
Board authorized new $100M share repurchase program over 12 months; cash $187.5M.
Q4 outlook: revenue growth ~10% YoY, bottom-line growing faster; momentum expected into 2022.

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