earnings
confidence high
sentiment positive
materiality 0.65
A10 Networks Q1 revenue up 14.3% to $62.7M; guides to high end of FY targets
A10 Networks, Inc.
2022-Q1 EPS reported
$0.08
revenue$62,672,000
- GAAP net income $6.3M ($0.08 diluted EPS); non-GAAP net income $10.0M ($0.13 diluted EPS).
- Security-led product revenue grew 20.1% YoY; Americas revenue up 25.5%.
- Adjusted EBITDA $13.5M (21.6% of revenue); repurchased 2.1M shares for $28.3M.
- Board declared $0.05 quarterly dividend, payable June 1 to holders of record May 16.
- Management expects to achieve high end of FY top-line growth of 10-12% and EBITDA margin 26-28%.