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SAN JOSE, Calif. (AP) _ A10 Networks Inc. (ATEN) on Tuesday reported fourth-quarter net income of $7.8 million.
The San Jose, California-based company said it had profit of 10 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 18 cents per share.
The provider of networking technologies posted revenue of $62.7 million in the period.
For the year, the company reported net income of $17.8 million, or 22 cents per share, swinging to a profit in the period. Revenue was reported as $225.5 million.
A10 Networks shares have increased 19% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $11.71, a rise of 62% in the last 12 months.