Why A10 Networks Shares Soared Today
Shares of A10 Networks (NYSE: ATEN) have soared today, up 14% as of 12:45 p.m. EDT, after the company announced that third-quarter revenue is expected to exceed its prior outlook. The company also now expects to be profitable during the quarter on a non-GAAP basis.
Revenue in the fiscal third quarter is now expected to be in the range of $59 million to $60 million, well above its prior guidance range of $53 million to $57 million. On top of that, A10 should report a profit on a non-GAAP basis, although the company did not quantify by how much.
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Source: Fool.com
A10 Networks Aktie
12,71 €
0,48 %
Positive Tendenz für A10 Networks mit mehreren Buy- und keiner Sell-Einschätzung.
Das Community-Kursziel von 15 € für A10 Networks deutet auf ein leicht positives Wachstumspotenzial gegenüber 12.71 € hin.
