A10 Networks pre-announces Q3 revenue $56.5-58.5M; cites service provider delays

A10 Networks, Inc.

2023-Q3 EPS reported $0.29 revenue$181,283,000

Preliminary Q3 revenue range $56.5-58.5M; cash and equivalents $162-166M.
North American service provider capex delays pushed expected deals into future periods.
Enterprise business partially offset weakness; company takes actions to restore profitability.
Q4 revenue guidance $70-80M; management expects full-year non-GAAP EPS growth.
Final Q3 results and conference call scheduled for November 7, 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

A10 Networks, Inc. reported the quarter ended September 30, 2023 results: revenue between $56.5 million and $58.5 million. Guidance raised.

Period: the quarter ended September 30, 2023
Revenue: between $56.5 million and $58.5 million
Guidance: raised
Result: preliminary results

Exact text from the filing

A10 Networks Reports Preliminary Third Quarter Financial Results Company to Release Final Results and Conduct Conference Call on November 7, 2023 SAN JOSE, Calif., October 3, 2023 -- A10 Networks (NYSE: ATEN), a leading provider of secure application services and solutions, today announced the following preliminary and unaudited results for the quarter ended September 30, 2023. A10 Networks expects revenue in the third quarter of 2023 to be between $56.5 million and $58.5 million.

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Source: SEC EDGAR

accession 0001580808-23-000201

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