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A10 Networks: 4Q Earnings Snapshot

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATEN at https://www.zacks.com/ap/ATEN