A10 Networks Q2 Adj EPS $0.19 Beats $0.17 Estimate, Sales $65.82M Beat $65.12M Estimate
Portfolio Pulse from totan@benzinga.com
A10 Networks (NYSE:ATEN) reported Q2 earnings of $0.19 per share, beating the analyst consensus estimate of $0.17 by 11.76%. The company also reported quarterly sales of $65.82 million, surpassing the analyst consensus estimate of $65.12 million by 1.07%. However, this represents a 3.17% decrease in sales compared to the same period last year.
July 26, 2023 | 8:06 pm
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A10 Networks exceeded Q2 earnings and sales estimates. However, there was a 3.17% decrease in sales compared to the same period last year.
A10 Networks reported better than expected earnings and sales for Q2, which is generally a positive signal for the stock. However, the decrease in sales compared to the same period last year might temper investor enthusiasm.
CONFIDENCE 90
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RELEVANCE 100