A10 Networks Q3 revenue rises 15.5% to $66.7 million; approves $50 million buyback
A10 Networks reported third-quarter 2024 revenue of $66.7 million, up from $57.8 million a year earlier, and GAAP net income of $12.6 million, or $0.17 per diluted share, compared with $6.5 million, or $0.09, in the prior-year quarter. The Board also approved a $0.06 quarterly dividend and a new repurchase program of up to $50 million of common stock, and the filing contains no updated revenue or profit guidance.
Key points
- Q3 2024 revenue was $66.7 million versus $57.8 million in Q3 2023; nine-month revenue was $187.5 million versus $181.3 million.
- GAAP net income was $12.6 million ($0.17 per diluted share) versus $6.5 million ($0.09) a year earlier; non-GAAP EPS was $0.21 versus $0.16.
- The Board approved a $0.06 per share quarterly dividend, payable December 2, 2024, to holders of record on November 18, 2024.
- A new repurchase program authorizes up to $50 million of common stock, with no specified term; the company plans to fund it from existing cash and operating cash flow.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.