A10 Networks, Inc.
17.49-0.66 (-3.64%)
Oct 29, 4:00:02 PM EDT · NYSE · ATEN · USD
Key Stats
Market Cap
1.26BP/E (TTM)
25.35Basic EPS (TTM)
0.69Dividend Yield
0.01%Recent Filings
8-K
A10 Networks CFO transition
A10 Networks announced on September 5, 2025, that CFO Brian Becker will resign effective September 30, 2025, after instituting strong financial processes, while agreeing to aid the transition. Michelle Caron, with over 20 years in finance from Danaher subsidiaries, steps in as CFO on September 24, 2025, with a $400,000 base salary, $150,000 signing bonus, and up to $500,000 in equity awards. No operational disruptions expected. Leadership transitions carry integration risks.
8-K
Q2 revenue up 15%
A10 Networks reported Q2 2025 revenue of $69.4 million, up 15% year-over-year, fueled by data center expansions and AI infrastructure demand. GAAP net income hit $10.5 million, or $0.14 per diluted share, while non-GAAP EPS rose to $0.21; the board approved a $0.06 quarterly dividend payable September 2. Revenue surged across enterprise and service provider segments. Yet capital needs could disrupt future payouts.
10-Q
Q2 FY2025 results
A10 Networks posted solid Q2 FY2025 results, with revenue climbing 15% year-over-year to $69.4M on stronger product sales, while services dipped slightly; gross margin held at 78.9%, down 1.1 points from last year due to service mix shifts. Operating income rose 30% to $10.3M, boosted by disciplined spending, and diluted EPS improved to $0.14 from $0.13, reconciling neatly with 73.1M shares. Cash swelled to $252.9M after $39.4M from operations minus $8.7M capex, yielding $30.7M free cash flow (derived), yet $218.1M in convertible notes due 2030 at 2.75% added leverage. The February acquisition of ThreatX Protect for $19.6M cash expanded cybersecurity offerings, recognizing $13.8M goodwill and $7.6M intangibles amortized over 4-5 years. Service providers drove 60% of revenue. Tariffs on imports pose supply chain risks.
10-Q
Q1 FY2025 results
A10 Networks posted solid Q1 FY2025 results, with total revenue climbing 9% year-over-year to $66.1M, driven by a 20% surge in products to $36.0M while services dipped 1% to $30.2M; gross margin slipped to 79.7% from 81.1%, yet operating income rose 22% to $8.8M on tighter sales and marketing spend. Enterprise revenue jumped 18% to 41% of total, offsetting a softer APJ region, as service providers held steady at 59%. The February acquisition of ThreatX Protect for $19.6M cash added $13.8M goodwill and $7.6M intangibles amortized over 4-5 years, bolstering web application defenses. Cash swelled to $243.8M after $225M convertible notes issuance, funding $47M stock buybacks and $4.4M dividends; free cash flow came in at $12.7M, down from $29.5M last year. Diluted EPS held flat at $0.13 on 75M shares. Balance sheet stays robust. Tariffs on imports could squeeze margins further.
8-K
Q1 revenue up 9%, new buyback
A10 Networks reported Q1 2025 revenue of $66.1 million, up 9% year-over-year, with enterprise sales surging 18% while service providers grew 3%. The board approved a $0.06 quarterly dividend payable June 2 and a $75 million stock repurchase program, funded by cash flows, after returning $51.4 million to shareholders this quarter. Non-GAAP EPS hit $0.20, up from $0.17. Trade policies pose risks to demand.
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