A10 Networks Reports Strong Q4 Earnings

A10 Networks (ATEN) reported fourth-quarter net income of $18.3 million, or 24 cents per share. Adjusted earnings were 31 cents per share.

Revenue for the quarter was $74.2 million. For the year, the company reported profit of $50.1 million, or 67 cents per share, on revenue of $261.7 million.

A10 Networks shares have gained 10% year-to-date. On Tuesday, shares closed at $20.28, marking a 57% increase over the past 12 months.