A10 Networks Q4 Adj EPS $0.25 Misses $0.26 Estimate, Sales $70.42M Miss $74.77M Estimate
Portfolio Pulse from saritha@benzinga.com
A10 Networks (ATEN) reported Q4 adjusted EPS of $0.25, missing the $0.26 estimate, and sales of $70.42M, below the $74.77M estimate. This represents a 4.17% increase in EPS and a 9.30% decrease in sales from the same period last year.
February 06, 2024 | 9:15 pm
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A10 Networks reported a Q4 adjusted EPS of $0.25, missing estimates by 3.85%, and sales of $70.42M, missing estimates by 5.82%. Year-over-year, EPS increased by 4.17%, while sales decreased by 9.30%.
Missing both EPS and sales estimates can negatively impact investor sentiment and stock price in the short term. The year-over-year decrease in sales further compounds concerns, despite a slight increase in EPS.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100