NYSE$ATEN
A10 Networks Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
A10 Networks reported revenue growth driven by cybersecurity and portfolio transformation.
A10 Networks reported strong Q3 2021 financial results, with revenue of $65.4 million, up 15% year-over-year, driven by growth in security products and the Americas. The company's profitability improved, leading to a non-recurring tax benefit and adjusted EBITDA of $16.8 million. Management expects double-digit growth in Q4.
- Revenue reached $65.4 million, a 15% increase year-over-year.
- Security product sales increased by 18% year-over-year.
- Americas experienced substantial growth of 47% year-over-year due to improved commercial execution and favorable market conditions.
- Deferred revenue hit a record $117.1 million, up 15% year-over-year.
Headline financials
Revenue & EPS history
A10 Networks · Revenue · Quarterly
$65.4M
Revenue by segment
A10 Networks · $57.8M total across 2 segments · Q3 2023
- Products$30.3M—52.4%
- Services$27.5M—47.6%
Forward guidance
Management expects fourth quarter revenue to grow approximately 10% year-over-year with the bottom-line growing at a faster rate than the top-line.
Headwinds
- Continued supply chain challenges
- Global headwinds which could impact quarter-to-quarter performance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
+2.9%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+2.8%
Avg return
30 days after
62%
33 / 53 earnings
Positive
+37.6%
Q3 2021
Best reaction
-18.7%
Q4 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.6% | -3.9% | +6.8% | |
| Q4 2025 | +10.3% | +19.4% | +16.8% | |
| Q3 2025 | +3.5% | -1.8% | +1.4% | |
| Q1 2025 | -0.6% | +2.9% | +4.9% | |
| Q4 2024 | +2.7% | +1.3% | -2.9% | |
| Q3 2024 | +6.3% | +9.4% | +19.0% | |
| Q2 2024 | -7.1% | -7.5% | -2.3% | |
| Q1 2024 | +14.7% | +13.1% | +12.7% | |
| Q4 2023 | +0.2% | +2.4% | +4.0% | |
| Q3 2023 | +6.6% | +9.4% | +14.3% | |
| Q2 2023 | +5.3% | +6.2% | +0.3% | |
| Q1 2023 | -2.3% | -2.1% | +5.5% | |
| Q4 2022 | -4.5% | -3.9% | -5.3% | |
| Q3 2022 | +8.2% | +8.7% | +13.0% | |
| Q2 2022 | +3.5% | +2.1% | -11.8% | |
| Q1 2022 | +14.0% | +1.4% | +9.5% | |
| Q4 2021 | -5.9% | -5.5% | -3.1% | |
| Q3 2021 | +37.6% | +13.7% | +12.2% | |
| Q2 2021 | +9.9% | +12.4% | +21.9% | |
| Q1 2021 | -8.3% | -9.2% | +3.0% | |
| Q4 2020 | -12.4% | -17.2% | -9.4% | |
| Q3 2020 | +5.4% | -1.0% | +19.4% | |
| Q2 2020 | +14.2% | +11.8% | +19.1% | |
| Q1 2020 | +8.2% | -1.6% | +3.3% | |
| Q4 2019 | +0.0% | +0.1% | -39.8% | |
| Q3 2019 | +12.9% | +11.5% | +4.0% | |
| Q2 2019 | +2.3% | -2.6% | -6.1% | |
| Q1 2019 | -5.7% | -9.7% | -13.1% | |
| Q4 2018 | -7.6% | -4.9% | -1.9% | |
| Q3 2018 | +3.8% | +10.4% | +12.3% | |
| Q1 2018 | +1.0% | -4.2% | -11.9% | |
| Q2 2018 | +1.0% | -4.2% | -11.9% | |
| Q4 2017 | -0.3% | +0.3% | -12.5% | |
| Q3 2017 | +0.9% | -0.9% | +9.6% | |
| Q2 2017 | +12.7% | +12.6% | -0.5% | |
| Q1 2017 | -11.7% | -13.4% | -8.3% | |
| Q4 2016 | +14.7% | +17.1% | +10.2% | |
| Q3 2016 | -17.7% | -15.7% | -5.3% | |
| Q2 2016 | +4.1% | +5.7% | +31.2% | |
| Q1 2016 | -9.7% | — | — | |
| Q4 2015 | +13.4% | — | — | |
| Q3 2015 | +20.5% | — | — | |
| Q2 2015 | +24.5% | — | — | |
| Q1 2015 | +16.3% | — | — | |
| Q4 2012 | +5.6% | — | — | |
| Q4 2014 | -18.7% | — | — | |
| Q3 2013 | +0.5% | — | — | |
| Q3 2014 | +7.1% | — | — | |
| Q2 2013 | -5.8% | — | — | |
| Q2 2014 | -13.3% | — | — | |
| Q1 2013 | -1.4% | — | — | |
| Q4 2013 | -1.4% | — | — | |
| Q1 2014 | -5.3% | — | — | |
| Q3 2012 | — | — | — |
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