A10 Networks (ATEN) Set to Announce Quarterly Earnings on Thursday

A10 Networks (NYSE:ATEN - Get Free Report) is set to issue its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.22 per share for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

A10 Networks (NYSE:ATEN - Get Free Report) last issued its quarterly earnings data on Tuesday, July 30th. The communications equipment provider reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.01. A10 Networks had a return on equity of 21.29% and a net margin of 17.51%. The company had revenue of $60.10 million for the quarter, compared to the consensus estimate of $64.30 million. During the same quarter last year, the business posted $0.14 earnings per share. The firm's revenue was down 8.7% compared to the same quarter last year. On average, analysts expect A10 Networks to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

A10 Networks Stock Down 0.5 %

Shares of ATEN stock traded down $0.07 on Thursday, reaching $14.67. The company's stock had a trading volume of 436,870 shares, compared to its average volume of 717,358. A10 Networks has a 12-month low of $10.63 and a 12-month high of $16.46. The company has a market capitalization of $1.09 billion, a P/E ratio of 24.15 and a beta of 1.11. The stock's 50 day simple moving average is $14.02 and its 200-day simple moving average is $14.00.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ATEN. BWS Financial restated a "buy" rating and set a $17.00 price target on shares of A10 Networks in a research report on Tuesday, July 9th. StockNews.com raised A10 Networks from a "hold" rating to a "buy" rating in a research note on Wednesday, October 16th.

About A10 Networks

A10 Networks, Inc provides networking solutions in the Americas, Japan, rest of Asia Pacific, Europe, the Middle East, and Africa. The company offers Thunder Application Delivery Controller that provides advanced server load balancing; Thunder Carrier Grade Networking, which provides standards-compliant address and protocol translation services between varying types of internet protocol addresses; Thunder Secure Sockets Layer (SSL) Insight that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall, which addresses multiple critical security capabilities in one package.