A10 Networks (ATEN) stock prices updated...
Please, Signup (Login) to subscribe or trade (demo)
A10 Networks stock price
A10 Networks latest news:
BRIEF-A10 Networks Sees Q4 2017 Revenue $55.5 Mln To $56 Mln
A10 Networks Inc(ATEN): * A10 NETWORKS ANNOUNCES PRELIMINARY FOURTH QUARTER 2017 RESULTS. * SEES Q4 2017 REVENUE $55.5 MILLION TO $56 MILLION. * SEES Q4 2017 NON-GAAP EARNINGS PER SHARE $0.05 TO $0.06. * - EXPECTS Q4 GAAP EARNINGS PER SHARE IN RANGE OF BREAK-EVEN TO $0.01 PER SHARE Source text for Eikon: Further company coverage:
A10 Networks shares drop as revenue forecast cut
A10 Networks Inc. shares dropped in the extended session Tuesday after the network software company cut its revenue outlook for the quarter. A10 shares dropped 17% to $6.05 after hours. The company forecast fourth-quarter revenue of $55.5 million to $56 million, down from its prior forecast range of $64 million to $67 million. A10 expects earnings of 5 cents to 6 cents a share, compared with a previous estimated range of 1 cents to 7 cents a share. Analysts surveyed by FactSet had estimated earnings of 3 cents a share on revenue of $65.1 million. "We are disappointed with our revenue results for the quarter, which were below our guidance primarily due to a shortfall in North America sales as we experienced lower than expected seasonal demand trends in the region," said Lee Chen, A10 president and chief executive, in a statement.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Abercrombie & Fitch CompanyANF
Aberdeen Greater China FundGCH
Aberdeen Japan Equity FundJEQ
Aberdeen Singapore FundSGF