Recap: A10 Networks Q3 Earnings
Portfolio Pulse from Benzinga Insights
A10 Networks (NYSE:ATEN) reported its Q3 earnings, beating estimated earnings by 14.29% with an EPS of $0.16, against an estimate of $0.14. However, revenue was down $14.28 million from the same period last year. Last quarter, the company beat EPS estimates by $0.02, which led to a 5.91% increase in the share price the next day.
November 07, 2023 | 9:50 pm
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A10 Networks beat Q3 earnings estimates but reported a decrease in revenue. Last quarter's EPS beat led to a share price increase.
A10 Networks beat earnings estimates, which is generally a positive signal for the stock. However, the decrease in revenue compared to the same period last year might offset this positive impact. Last quarter, beating the EPS estimates led to a share price increase, which could potentially happen again.
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IMPORTANCE 80
RELEVANCE 100