Thursday, July 30, 2015

A10 Networks Posts Q2 Revenue of $47.5 Million

A10 Networks reported total revenue for the second quarter of $47.5 million, compared with $45.1 million in the second quarter of 2014. On a GAAP basis, A10 Networks reported a net loss for the second quarter 2015 of $10.0 million or $0.16 per share, compared with a net loss of $1.3 million or $0.02 per share in the second quarter of 2014. Non-GAAP net loss for the second quarter of 2015 was $5.3 million or $0.09 per share.

“Our solid second quarter results are a result of A10’s growing business momentum and improved execution across our operations,” said Lee Chen, president and chief executive officer of A10 Networks. “We achieved record revenue of $47.5 million, delivered record enterprise revenue, drove a significant sequential improvement in the bottom-line and generated positive cash flow from operations.

http://investors.a10networks.com/CorporateProfile.aspx?iid=4433033