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Sep 30, 2024
A10 Networks Q3 2024 Earnings Report
A10 Networks' Q3 2024 financial results were released, showcasing revenue growth and profitability driven by improved demand from service providers and continued enterprise execution.
Key Takeaways
A10 Networks reported a strong Q3 2024 with revenue reaching $66.7 million, a notable increase from $57.8 million in Q3 2023. The company's GAAP net income was $12.6 million, or $0.17 per diluted share, while non-GAAP net income was $15.9 million, or $0.21 per diluted share. Security-led revenue represented 63% of the total revenue.
Revenue increased to $66.7 million, up from $57.8 million in the third quarter of 2023.
GAAP net income was $12.6 million (18.9% of revenue), or $0.17 per diluted share.
Non-GAAP net income was $15.9 million (23.9% of revenue), or $0.21 per diluted share.
The company's cash and investments increased to $182.1 million.
Revenue by Segment
Forward Guidance
The overall market environment remains volatile, and A10 is navigating these challenges efficiently based on the durability of our business.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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