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General

A10 reaches record profit, adjusted EBITDA levels in Q3

Wednesday 28 October 2020 | 11:46 CET | News
A10 Networks said revenues for the third quarter advanced over 7 percent from the year earlier to USD 56.6 million, at the end of expectations, which the net profit hit record levels, jumping to USD 6.5 million or USD 0.08 per share, from 173,000 and 0.0 per share. The adjusted EBITDA also reached record levels, tripling to USD 12.5 million from 4.0 million. Operating expenses meanwhile were unchanged sequentially at USD 37.2 million. The company ended the quarter with USD 159.1 million in cash, from 129.9 million at end December.

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Categories: General
Companies: A10 Networks
Countries: World
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