---
schema_version: "secwatch.filing_event.v1"
accession: "0001580808-23-000212"
form_type: "8-K"
ticker: "ATEN"
cik: "0001580808"
company_name: "A10 Networks, Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T15:19:43.315182+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# A10 Networks Q3 revenue $57.8M, down 20% YoY; GAAP EPS $0.09; declares $0.06 dividend and $50M buyback

## Summary
- Revenue $57.8M, down $14.3M YoY due to North American service provider delays; enterprise revenue up 7%.
- GAAP net income $6.5M ($0.09 diluted EPS); non-GAAP net income $12.0M ($0.16 diluted EPS).
- Board declared $0.06/share quarterly dividend, payable Dec 1, 2023 to holders of record Nov 17, 2023.
- Board authorized new $50M share repurchase program over the next 12 months.
- Company repurchased 168,000 shares at avg $14.52 in Q3; year-to-date GAAP net income $22.1M.

## SEC filing metadata
- accession: 0001580808-23-000212
- form_type: 8-K
- ticker: ATEN
- cik: 0001580808
- company_name: A10 Networks, Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580808/000158080823000212/0001580808-23-000212-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580808/000158080823000212/aten-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001580808-23-000212
- JSON: https://secwatch.observer/filing/0001580808-23-000212.json
- Plain text: https://secwatch.observer/filing/0001580808-23-000212.txt

## Key facts
- Earnings Releases
  A10 Networks, Inc. reported the quarter ended September 30, 2023 results: revenue $57.8 million, net income GAAP net income of $6.5 million, EPS $0.09 per diluted share.
  - Period: the quarter ended September 30, 2023
  - Revenue: $57.8 million
  - Net income: GAAP net income of $6.5 million
  - EPS: $0.09 per diluted share
  - Result: reported results
  source text: Third Quarter 2023 Financial Summary • Revenue of $57.8 million, in-line with preliminary expectations and down $14.3 million year-over-year due to delays related to North American service provider customers' capital expenditures. • Enterprise revenue up 7% year-over-year. • GAAP gross margin of 80.9%; non-GAAP gross margin of 81.8% as a result of continued focus on operational execution of business model goals in spite of near-term volatility in the market. • GAAP net income of $6.5 million (representing 11.2% of revenue), or $0.09 per diluted share. Year-to-date, GAAP net income was $22.1 million (12.2% of revenue), or $0.29 per diluted share. • Non-GAAP net income of $12.0 million (representing 20.8% of revenue), or $0.16 per diluted share (non-GAAP EPS).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580808/000158080823000212/0001580808-23-000212-index.htm

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