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Why A10 Networks Shares Soared Today


Why A10 Networks Shares Soared Today

Shares of A10 Networks (NYSE: ATEN) are soaring today, up by 11% as of 11:45 a.m. EDT, after the company reported second-quarter earnings.

Revenue in the second quarter came in at $53.7 million, down from $57.1 million a year ago. That translated into a non-GAAP net loss of $3.1 million, or $0.04 per share.

Image source: Getty Images.

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Source: Fool.com

A10 Networks Stock

€26.64
4.920%
A10 Networks dominated the market today, gaining €1.28 (4.920%).
With 13 Buy predictions and not the single Sell prediction the community is currently very high on A10 Networks.
On the other hand, the target price of 25 € is below the current price of 26.64 € for A10 Networks, so the potential is actually -6.16%.
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