NYSE:ATENSoftware
How Do Steady Profits and Buybacks Shape A10 Networks' (ATEN) Capital Allocation Story?
A10 Networks recently announced third quarter results, reporting revenue of US$74.68 million, net income of US$12.19 million, and affirming a quarterly dividend of US$0.06 per share, while completing a share repurchase of 863,000 shares for US$14.98 million.
Although revenue increased compared to the previous year, net income remained steady, highlighting ongoing investment and operational factors affecting bottom-line results.
We'll explore how the combination of steady earnings and an...