A10 Networks Q3 revenue $66.7M (+15% YoY), EPS $0.17 GAAP / $0.21 non-GAAP; declares $0.06 dividend, $50M buyback

A10 Networks, Inc.

2024-Q3 EPS reported $0.42 revenue$187,492,000

Revenue $66.7M vs $57.8M in Q3 2023; GAAP net income $12.6M ($0.17 diluted EPS) up from $6.5M ($0.09).
Non-GAAP net income $15.9M ($0.21 EPS) vs $12.0M ($0.16) YoY; cash & investments $182.1M vs $159.3M at Dec 31, 2023.
Board declared $0.06/share quarterly dividend payable Dec 2, record Nov 18; authorized new $50M share repurchase program.
Security-led revenue 63% of total; enterprise revenue continues growth; North America service provider revenue resumed growth.
Generated $21.0M cash from ops; repurchased 747k shares for $9.4M in quarter.

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