A10 Networks reported Q4 2019 financial results with revenue of $60.3 million and GAAP net income break-even. Adjusted EBITDA was $10 million and non-GAAP EPS was $0.10.
Revenue of $60.3 million, up 14 percent compared with $52.8 million in third quarter 2019
GAAP gross margin of 77.7 percent; non-GAAP gross margin of 78.5 percent
GAAP operating expenses of $46.8 million; non-GAAP operating expenses of $39.7 million
Adjusted EBITDA of $10.0 million, compared with $4.0 million in third quarter 2019
For the first quarter of 2020, the company currently expects revenue in the range of $51 million to $53 million, representing 5 percent year-over-year growth at the high end of the range.
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