Why A10 Networks Shares Got Crushed Today
A10 Networks (NYSE: ATEN) stock is getting crushed today, down by 19% as of 11:40 a.m. EDT, after the company announced preliminary second-quarter results.
Revenue in the second quarter should come in at $52.5 million to $53.5 million, which is well below the company's prior guidance of $62 million to $64 million in sales. A10 Networks expects to post a non-GAAP net loss of $0.05 to $0.06 per share, also below prior guidance of an adjusted profit of $0.01 to $0.03 per share.
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Source: Fool.com
A10 Networks Stock
€12.96
1.730%
A10 Networks is currently one of the favorites of our community with 9 Buy predictions and no Sell predictions.
As a result the target price of 15 € shows a slightly positive potential of 15.74% compared to the current price of 12.96 € for A10 Networks.
