A10 Networks Inc (ATEN) Q3 2024 Earnings Report Preview: What To Expect

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A10 Networks Inc (ATEN, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $63.76 million, and the earnings are expected to come in at $0.13 per share. The full year 2024's revenue is expected to be $256.08 million and the earnings are expected to be $0.56 per share. More detailed estimate data can be found on the Forecast page.

A10 Networks Inc (ATEN, Financial) Estimates Trends

Revenue estimates for A10 Networks Inc (ATEN) have remained stable at $256.08 million for the full year 2024 and at $0.28 billion for 2025 over the past 90 days. Earnings estimates for A10 Networks Inc (ATEN) have increased from $0.52 per share to $0.56 per share for the full year 2024 and from $0.70 per share to $0.72 per share for 2025 over the past 90 days.

A10 Networks Inc (ATEN, Financial) Reported History

In the previous quarter of June 30, 2024, A10 Networks Inc's (ATEN) actual revenue was $60.10 million, which missed analysts' revenue expectations of $63.68 million by -5.62%. A10 Networks Inc's (ATEN) actual earnings were $0.13 per share, which beat analysts' earnings expectations of $0.12 per share by 8.33%. After releasing the results, A10 Networks Inc (ATEN) was down by -7.88% in one day.

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A10 Networks Inc (ATEN, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 3 analysts, the average target price for A10 Networks Inc (ATEN) is $17 with a high estimate of $18 and a low estimate of $16. The average target implies an upside of 15.49% from the current price of $14.72.

Based on GuruFocus estimates, the estimated GF Value for A10 Networks Inc (ATEN, Financial) in one year is $15.45, suggesting an upside of 4.96% from the current price of $14.72.

Based on the consensus recommendation from 4 brokerage firms, A10 Networks Inc's (ATEN, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.