A10 Networks Q3 2023 Adj EPS $0.16 Beats $0.14 Estimate, Sales $57.77M Beat $57.49M Estimate
Portfolio Pulse from saritha@benzinga.com
A10 Networks (NYSE:ATEN) reported Q3 2023 earnings of $0.16 per share, beating the analyst consensus estimate of $0.14 by 14.29%. However, this is a 20% decrease from the same period last year. The company also reported quarterly sales of $57.77 million, beating the estimate of $57.49 million by 0.50%, but this is a 19.82% decrease from the same period last year.
November 07, 2023 | 9:47 pm
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A10 Networks beat Q3 2023 earnings and sales estimates but reported a decrease from the same period last year.
While A10 Networks beat the earnings and sales estimates, the decrease from the same period last year might concern investors, potentially leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100