Recap: A10 Networks Q4 Earnings
Portfolio Pulse from Benzinga Insights
A10 Networks (NYSE:ATEN) reported Q4 earnings with an EPS of $0.25, missing estimates by 3.85% against an expected $0.26. Revenue decreased by $7.22 million compared to the same period last year. Despite beating EPS estimates in the previous quarter leading to a 4.65% share price increase, this quarter's performance shows a downturn.
February 06, 2024 | 9:20 pm
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A10 Networks reported a Q4 EPS of $0.25, missing estimates by 3.85%, with a revenue decrease of $7.22M from last year.
A10 Networks' miss on both EPS and revenue expectations, especially following a quarter where they exceeded EPS estimates and saw a subsequent share price increase, suggests a negative short-term impact on the stock. Historical performance indicates that earnings reports significantly influence ATEN's stock price movement.
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