A10 Networks Q2 2024 Adj. EPS $0.18 Beats $0.17 Estimate, Sales $60.096M Miss $63.676M Estimate
Portfolio Pulse from Benzinga Newsdesk
A10 Networks (NYSE:ATEN) reported Q2 2024 adjusted EPS of $0.18, beating the estimate of $0.17. However, sales were $60.096M, missing the $63.676M estimate. EPS decreased by 5.26% YoY, and sales decreased by 8.69% YoY.
July 30, 2024 | 9:02 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
A10 Networks reported Q2 2024 EPS of $0.18, beating estimates, but sales missed expectations at $60.096M. Both EPS and sales showed a YoY decline.
While A10 Networks beat EPS estimates, the miss on sales and YoY declines in both EPS and sales could create mixed sentiment among investors. The stock may experience volatility as the market digests the earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100