A10 Networks: Q1 Earnings Insights

A10 Networks (NYSE:ATEN) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:06 PM. Here’s what…

A10 Networks (NYSE:ATEN) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:06 PM.

Here’s what investors need to know about the announcement.

Earnings

A10 Networks missed estimated earnings by 7.14%, reporting an EPS of $0.13 versus an estimate of $0.14.

Revenue was down $4.98 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 4.51% drop in the share price the next day.

Here’s a look at A10 Networks’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.22 0.18 0.16 0.10
EPS Actual 0.24 0.20 0.17 0.13
Revenue Estimate 76.13M 71.02M 67.44M 60.94M
Revenue Actual 77.63M 72.06M 67.97M 62.67M

To track all earnings releases for A10 Networks visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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