A10 Networks Q1 revenue $60.7M (+5.2% YoY); GAAP EPS $0.13 vs $0.05; declares $0.06 dividend

A10 Networks, Inc.

2024-Q1 EPS reported $0.13 revenue$60,675,000

Revenue $60.7M, +5.2% YoY; GAAP net income $9.7M ($0.13 diluted EPS) vs $4.0M ($0.05) YoY.
Non-GAAP net income $12.7M ($0.17 diluted EPS) vs $9.9M ($0.13) YoY; gross margins ~81%.
Declared quarterly dividend of $0.06/share, payable June 3, 2024 to holders of record May 15.
Returned $7.5M in Q1: $3.0M share buybacks (230,500 shares at $13.19) and $4.5M in dividends.
Security solutions 61% of revenue; deferred revenue grew faster than overall revenue.

item 2.02 item 7.01 item 9.01 item 8.01

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 first quarter ended March 31, 2024 results: revenue $60.7 million, net income GAAP net income of $9.7 million, EPS $0.13 per diluted share.

Period: first quarter ended March 31, 2024
Revenue: $60.7 million
Net income: GAAP net income of $9.7 million
EPS: $0.13 per diluted share
Result: reported results

Exact text from the filing

of cybersecurity and infrastructure solutions, today announced financial results for its first quarter ended March 31, 2024. First Quarter 2024 Financial Summary • Revenue of $60.7 million, in-line with expectations and up 5.2% year-over-year. • GAAP gross margin of 81.1%; non-GAAP gross margin of 81.9% as a result of continued focus on operational execution of

View on SEC.gov

1447 earnings releases filed in the last 30 days. Browse all earnings releases →

A10 Networks, Inc. filing history →

Source: SEC EDGAR

accession 0001580808-24-000072

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.