SAN JOSE, Calif. (AP) _ A10 Networks Inc. (ATEN) on Tuesday reported fourth-quarter net income of $51,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the San Jose, California-based company said it had profit of less than 1 cent. Earnings, adjusted for stock option expense and restructuring costs, were 10 cents per share.
The provider of networking technologies posted revenue of $60.3 million in the period.
For the year, the company reported that its loss narrowed to $17.8 million, or 23 cents per share. Revenue was reported as $212.6 million.
For the current quarter ending in April, A10 Networks expects its per-share earnings to range from 1 cent to 3 cents.
The company said it expects revenue in the range of $51 million to $53 million for the fiscal first quarter.
A10 Networks shares have climbed 7% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $7.35, an increase of 11% in the last 12 months.