---
schema_version: "secwatch.filing_event.v1"
accession: "0001580808-23-000090"
form_type: "8-K"
ticker: "ATEN"
cik: "0001580808"
company_name: "A10 Networks, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:57:15.065915+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# A10 Networks Q1 revenue down 7.9% to $57.7M; declares $0.06 dividend

## Summary
- GAAP net income $4.0M ($0.05 diluted EPS) vs $6.3M ($0.08) a year ago.
- Non-GAAP EPS $0.13 flat YoY; adjusted EBITDA $15.5M (26.8% of revenue, up from 21.6%).
- Board declares $0.06/share cash dividend, payable June 1, 2023 to holders of record May 15.
- Recurring revenue up 10% YoY; cash $145M with no debt.
- Management expects Q1 low-point; full-year non-GAAP EPS to grow double-digits.

## SEC filing metadata
- accession: 0001580808-23-000090
- form_type: 8-K
- ticker: ATEN
- cik: 0001580808
- company_name: A10 Networks, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580808/000158080823000090/0001580808-23-000090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580808/000158080823000090/aten-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001580808-23-000090
- JSON: https://secwatch.observer/filing/0001580808-23-000090.json
- Plain text: https://secwatch.observer/filing/0001580808-23-000090.txt

## Key facts
- Earnings Releases
  A10 Networks, Inc. reported first quarter ended March 31, 2023 results: revenue $57.7 million, net income $4.0 million, EPS $0.05 per diluted share. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2023
  - Revenue: $57.7 million
  - Net income: $4.0 million
  - EPS: $0.05 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: SAN JOSE, Calif., May 4, 2023 -- A10 Networks (NYSE: ATEN), a leading provider of cybersecurity and infrastructure solutions, today announced financial results for its first quarter ended March 31, 2023. First Quarter 2023 Financial Summary • Revenue of $57.7 million, declined 7.9% year-over-year due to the impact of macro headwinds and project delays. • GAAP gross margin of 82.3%; non-GAAP gross margin of 83.1% as a result of better product mix and continued successful navigation of short-term input cost pressures. • GAAP net income of $4.0 million, or $0.05 per diluted share, compared with GAAP net income of $6.3 million, or $0.08 per diluted share in the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580808/000158080823000090/0001580808-23-000090-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.