Q2 2023 Financial Results & Commentary Cautionary Statements & Disclosures This presentation and the accompanying oral presentation contain “forward-looking” statements that are based on our management’s beliefs and assumptions, including statements regardingour future financial performance, strategy, routes to market, technical differentiation, positioning, capital allocation strategy, expansion opportunities, growth, profitability, market growth, as well as market and technology trends. for continuing imp ...

A10 Networks, Inc. (NYSE:ATEN) Q1 2023 Earnings Conference Call May 6, 2023 4:00 PM ET Company Participants Dhrupad Trivedi - President and Chief Executive Officer Brian Becker - Chief Financial Officer Conference Call Participants Christian Schwab - Craig-Hallum Gray Powell - BTIG. Hamed Khorsand - BWS Financial Operator Hello and welcome to the A10 Networks’ First Quarter 2023 Financial Results Conference Call. My name is Alex, and I will be your moderator for today. [Operator Instructions ] I would now h ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | --- | |--------------------------------------------|----------------------------------------------------------------------------------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |----------------------------------------------------------------|------------------------------------------------------------------------------------------------------------- ...

A10 Networks, Inc. (NYSE:ATEN) Q4 2022 Earnings Conference Call February 7, 2023 4:30 PM ET Company Participants Rob Fink - Investor Relations Dhrupad Trivedi - President and Chief Executive Officer Brian Becker - Chief Financial Officer Conference Call Participants Hamed Khorsand - BWS Financial Tyler Burmeister - Craig-Hallum Capital Operator Good afternoon. Thank you for attending today's A10 Networks’ Fourth Quarter and Full-Year 20 22 Earnings Conference Call. My name is Tamiya, and I will be your mode ...

Q4 2022 Financial Results & Commentary February 7, 2023 Cautionary Statements & Disclosures This presentation and the accompanying oral presentation contain "forward-looking" statements that are based on our management's beliefs and assumptions, including statements regarding our future financial performance, strategy, routes to market, technical differentiation, positioning, capital allocation strategy, expansion opportunities, growth, profitability, market growth, as well as market and technology trends. ...

Financial Data and Key Metrics Changes - A10 Networks reported record revenue of $72.1 million for Q3 2022, representing a 10.2% year-over-year increase [16] - Product revenue was $45.1 million, accounting for 62.6% of total revenue, up 13.3% year-over-year [16] - Non-GAAP operating income reached $19.5 million, up 34.2% compared to $14.5 million in the same quarter last year [18] - Non-GAAP net income for the quarter was $15.9 million, or $0.20 per share, an 18% increase from $0.17 per share in Q3 2021 [18][19] - Non-GAAP operating gross margin was over 80%, with adjusted EBITDA at 29.5% of revenue [14][18] Business Line Data and Key Metrics Changes - Revenue from Enterprise customers was the fastest-growing segment, indicating a balanced strategy between Enterprise and Service Provider segments [10] - Proprietary security-led product revenue increased by 21% on a trailing 12-month basis [12] - Overall product revenue increased by 13% compared to Q3 2021, driven by the combination of networking expertise and security needs [13] Market Data and Key Metrics Changes - Revenue from the Americas was $36 million, up 11.6% year-over-year; EMEA revenue was $11.2 million, up 2%; and Asia-Pacific revenue was $24.9 million, up 12.4% [16] - On a constant currency basis, revenue in Japan increased by 15% year-over-year [17] Company Strategy and Development Direction - A10 is focused on integrating cybersecurity into its offerings while leveraging its networking expertise [8] - The company maintains a diversified customer base, not reliant on any single customer or region [12] - A10's capital allocation strategy includes a 20% increase in quarterly dividends and a new $50 million share repurchase authorization [15][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year revenue growth of 10% to 12% and EBITDA margins of 26% to 28% despite foreign currency headwinds [15][20] - The company is optimistic about continued demand for security-led solutions across various customer segments and geographies [24] Other Important Information - A10 ended the quarter with nearly $128 million in cash, maintaining a strong balance sheet with no debt [14][20] - The company is investing in R&D and sales and marketing to support organic growth [29] Q&A Session Summary Question: Will security-led solutions drive strong double-digit growth in the enterprise next year? - Management does not view it that way but sees continued traction in the large enterprise segment, expecting to achieve the 10% to 12% growth range [24] Question: Are there any positive spending patterns in the service provider area? - Management noted that service providers are increasingly concerned about cybersecurity, which impacts their network performance and revenue generation [26] Question: Is A10 exploring potential M&A opportunities? - Management indicated that while they are open to M&A, their primary focus remains on organic growth and expanding their product portfolio [29] Question: Are there inflationary pressures affecting A10? - Management acknowledged inflationary pressures in shipping, logistics, and labor but aims to offset these with productivity measures [39] Question: How will A10 fare in a potential recession? - Management believes their products are critical for customers, which should help maintain demand even in a recession [40] Question: What areas is A10 investing in for organic growth? - Investments are focused on enhancing cybersecurity capabilities and integrating security with network infrastructure [42][44] Question: How is A10 managing the strong USD appreciation in Japan? - Management stated that the strong USD has impacted revenue, but diversification across geographies helped mitigate some of the effects [46][47] Question: What is the recurring revenue percentage by the end of Q3? - Recurring revenue, including support and subscription contracts, makes up a little less than half of total revenue [48]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36343 A10 NETWORKS, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 20-1446869 (State or Other Jurisdiction ...