Thursday, October 29, 2015

A10 Posts Q3 Revenue of $51 Million, up 17% YoY

A10 Networks reported Q3 revenue of $50.8 million, up 17 percent when compared with $43.4 million in the third quarter of 2014. There was a net loss (GAA) for the third quarter 2015 of $9.0 million or $0.14 per share, compared with a net loss of $12.3 million or $0.21 per share in the third quarter of 2014. Non-GAAP net loss for the third quarter of 2015 was $4.4 million or $0.07 per share, compared with a non-GAAP net loss of $8.8 million or $0.15 per share in the third quarter of 2014.


"We delivered record revenue for the second consecutive quarter and achieved better than expected bottom line results,” said Lee Chen, president and chief executive officer of A10 Networks. “Our security focused portfolio, encompassing our standalone high-end Thunder TPS appliance and Thunder ADC with advanced security features such as SSL Insight and web application firewall, continues to gain traction with customers and partners. We are encouraged by our momentum as we enter the fourth quarter and will remain focused on executing our growth strategy, furthering our technology leadership, and expanding our addressable markets.”

http://www.a10networks.com

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