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Jun 30, 2021
A10 Networks Q2 2021 Earnings Report
A10 Networks reported 12.7% organic revenue growth and GAAP EPS of $0.08, driven by improved commercial execution and favorable market conditions.
Key Takeaways
A10 Networks announced financial results for the second quarter ended June 30, 2021, with revenue of $59.2 million, up 12.7% year-over-year, and GAAP EPS of $0.08. The company's growth was driven by improving commercial execution and favorable market conditions.
Revenue increased by 12.7% year-over-year, reaching $59.2 million.
Growth in the Americas was 20% year-over-year, driven by improving commercial execution and favorable market conditions.
GAAP net income nearly doubled, driven by revenue growth.
Deferred revenue reached an all-time high, demonstrating the ability to sell differentiated solutions.
Forward Guidance
Management expects third quarter revenue of $60.6 to $63.4 million, with the bottom-line growing at a faster rate than the top-line.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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