A10 Networks: 3Q Earnings Snapshot

October 29, 2019 GMT

SAN JOSE, Calif. (AP) _ A10 Networks Inc. (ATEN) on Tuesday reported third-quarter net income of $173,000, after reporting a loss in the same period a year earlier.

The San Jose, California-based company said it had profit of less than 1 cent on a per-share basis. Earnings, adjusted for one-time gains and costs, were 2 cents per share.

The provider of networking technologies posted revenue of $52.8 million in the period.

For the current quarter ending in December, A10 Networks expects its per-share earnings to range from 4 cents to 8 cents.

The company said it expects revenue in the range of $55 million to $59 million for the fiscal fourth quarter.

A10 Networks shares have risen 3.5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.46, a climb of 15% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATEN at https://www.zacks.com/ap/ATEN