secwatch.observer — SEC 8-K summary
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Issuer:     A10 Networks, Inc. (ATEN)
CIK:        0001580808
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001580808-23-000090
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580808/000158080823000090/0001580808-23-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580808/000158080823000090/aten-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001580808-23-000090

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