Why A10 Networks Shares Got Crushed Today
A10 Networks (NYSE: ATEN) stock is getting crushed today, down by 19% as of 11:40 a.m. EDT, after the company announced preliminary second-quarter results.
Revenue in the second quarter should come in at $52.5 million to $53.5 million, which is well below the company's prior guidance of $62 million to $64 million in sales. A10 Networks expects to post a non-GAAP net loss of $0.05 to $0.06 per share, also below prior guidance of an adjusted profit of $0.01 to $0.03 per share.
Image source: Getty Images.
Source: Fool.com
A10 Networks Aktie
26,70 €
-0,38 %
Deutliche Buy-Präferenz bei A10 Networks ohne Sell-Einschätzungen.
Obwohl das Kursziel für A10 Networks bei 25 € liegt, was unter dem aktuellen Kurs von 26.7 € ist, zeigt sich ein Potenzial von -6.37%.
