earnings
confidence high
sentiment positive
materiality 0.75
A10 Networks Q3 revenue $72.1M (+10.2% YoY); raises dividend 20%, authorizes $50M buyback
A10 Networks, Inc.
2022-Q3 EPS reported
$0.37
revenue$202,704,000
- Non-GAAP EPS $0.20 vs $0.17 YoY on record revenue of $72.1M; enterprise sales up 17%.
- GAAP net income $12.1M ($0.16 diluted) vs $74.9M last year which included $65.4M tax benefit.
- Adjusted EBITDA $21.3M (29.5% of revenue); full-year guidance reaffirmed: 10-12% revenue growth, 26-28% EBITDA margin.
- Quarterly dividend raised 20% to $0.06/share, payable Dec 1 to holders of record Nov 15.
- New $50M share repurchase authorization over 12 months; Q3 buyback totaled $47.5M at avg $12.77/share.