A10 Networks Expects To Achieve Q4 Revenue Of $70M-$80M (Est. $82M); Anticipates Growth In Full-year Non-GAAP EPS
Portfolio Pulse from Benzinga Newsdesk
A10 Networks has announced that it expects to achieve Q4 revenue of $70M-$80M, which is below the estimated $82M. The company also anticipates growth in full-year non-GAAP EPS.
October 03, 2023 | 9:06 pm
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NEGATIVE IMPACT
A10 Networks' lower than expected Q4 revenue forecast may negatively impact its stock price. However, the anticipated growth in full-year non-GAAP EPS could offset this.
A10 Networks' lower than expected Q4 revenue forecast could lead to a decrease in its stock price as it indicates potential financial instability. However, the anticipated growth in full-year non-GAAP EPS suggests that the company is still profitable, which could mitigate the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100