A10 Networks prelim Q1 revenue $56-58M, reiterates FY earnings guidance

A10 Networks, Inc.

2023-Q1 EPS reported $0.05 revenue$57,691,000

Preliminary Q1 2023 revenue expected $56M-$58M; full-year earnings guidance reiterated.
Cyber incident during Q1 caused ~$4.8M in orders shifted to future periods.
Actions taken to flex cost structure to achieve full-year earnings targets.
Q1 Adjusted EBITDA margin expanded year-over-year despite top line headwinds.
Expects double-digit growth in full-year non-GAAP EPS; Q1 seen as bottom.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

A10 Networks, Inc. reported first quarter of 2023 results: revenue between $56 million and $58 million. Guidance reaffirmed.

Period: first quarter of 2023
Revenue: between $56 million and $58 million
Guidance: reaffirmed
Result: preliminary results

Exact text from the filing

A10 Networks expects revenue in the first quarter of 2023 to be between $56 million and $58 million. The Company also reiterated guidance for full-year earnings.

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Source: SEC EDGAR

accession 0001580808-23-000072

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