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A10 Networks, Inc.
Type
Public
Traded as NYSE: ATEN
Industry Computer networking
Founded 2004
Headquarters San Jose, California, USA
Key people

Lee Chen, Founder and CEO

Raj Kumar Jalan, CTO
Number of employees
800 (2015)
Website www.a10networks.com

Lee Chen, Founder and CEO

A10 Networks is a U.S. public company specializing in the manufacturing of application delivery controllers (software and hardware). Founded in 2004 by Lee Chen, co-founder of Foundry Networks, A10 originally serviced just the identity management market with its line of ID Series products. In early 2007 they added bandwidth management appliances (EX Series). The company had its initial public offering on March 21, 2014, raising $187.5 million.

In mid-2007, A10 Networks launched AX Series, a family of application delivery controllers/load balancing appliances, which won Best of Show at Interop 2007 in the Network Infrastructure (middle range) category. In 2008 the AX Series won Grand Prix/Best of Interop Tokyo for best Carrier/Internet Service Provider (ISP) solution. In 2009, the AX Series won two Grand Prix/Best of Interop Tokyo awards in the Network Infrastructure and ShowNet Product categories. And in 2010, the 64-bit AX Series family of application delivery controllers won Best of Microsoft TechEd for Networking. In 2011, A10 Networks received an Inc. 500 award as a fast growth private company in North America for the second consecutive year, including #1 Computer Hardware vendor, Top 10 Internet company and an entrepreneur award for CEO Lee Chen.

In August 2012, a jury in California found A10 Networks responsible for intellectual property infringement and unfair competition, awarding Brocade Communications Systems a $112 million verdict. On May 21, 2013, A10 and Brocade reached a settlement of their legal disputes.

In May 2013 A10 launched its A10 Thunder Series platforms, which are hardware and software Application Delivery Controllers (ADCs). A10 Thunder Series won awards at the TechEd 2013 show in New Orleans, Louisiana for the Hardware category as well as the Attendees' Pick award.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q4 2020 2021-02-09 Future report Set alerts
Q3 2020 2020-10-27 Future report Set alerts
Q2 2020 2020-07-28 0.09 0.05
Q1 2020 2020-05-07 0.05 0.00
Q4 2019 2020-02-11 0.10 0.00
Q3 2019 2019-10-29 0.00 0.00
Q2 2019 2019-07-30 0.00 -0.08
Q1 2019 2019-04-25 -0.10 -0.16
Q4 2018 2019-02-07 0.05 -0.02
Q3 2018 2018-10-30 0.03 -0.02

Ratings

2016-04-29 Reiterated Rating Morgan Stanley Hold $6.00
2016-04-29 Reiterated Rating Oppenheimer Buy $8.00
2016-04-29 Reiterated Rating Oppenheimer Holdings Inc. Buy $8.00
2016-02-10 Boost Price Target JPMorgan Chase & Co. Overweight $7.50 to $9.00
2016-02-10 Lower Price Target Oppenheimer Outperform $10.00 to $8.00
2015-11-12 Reiterated Rating DA Davidson Buy $9.00 to $10.00
2015-11-11 Boost Price Target Oppenheimer Outperform $7.00 to $10.00
2015-11-02 Lower Price Target JPMorgan Chase & Co. Outperform $6.50 to $6.00
2015-10-30 Upgrade Dougherty & Co Neutral to Buy $8.00
2015-08-01 Reiterated Rating Pacific Crest Buy $10.00 to $11.00
2015-07-31 Boost Price Target RBC Capital Outperform $6.00 to $7.00
2015-07-31 Boost Price Target Royal Bank Of Canada Outperform $6.00 to $7.00
2015-05-20 Boost Price Target DA Davidson Buy $6.00 to $7.00
2015-05-18 Upgrade Pacific Crest Sector Weight to Overweight $10.00
2015-05-05 Set Price Target Oppenheimer Buy $7.00
2015-05-05 Upgrade Bank of America Neutral to Buy $7.00
2015-05-05 Upgrade Bank of America Corp. Neutral to Buy $7.00
2015-02-11 Set Price Target JPMorgan Chase & Co. Buy $6.50 to $6.00
2015-02-11 Reiterated Rating Oppenheimer Outperform $7.00
2015-02-11 Downgrade Bank of America Buy to Neutral
2015-01-18 Reiterated Rating Oppenheimer Outperform $7.00
2015-01-08 Upgrade DA Davidson Neutral to Buy $5.00 to $6.00
2014-11-03 Lower Price Target DA Davidson Neutral $5.75 to $5.00
2014-10-31 Reiterated Rating Oppenheimer Outperform $8.00 to $7.00
2014-10-31 Reiterated Rating Bank of America Buy
2014-10-24 Lower Price Target RBC Capital Outperform $16.00 to $6.00
2014-10-09 Reiterated Rating ING Group Buy $19.00 to $8.00
2014-10-09 Reiterated Rating Buckingham Research Neutral $12.00 to $5.50
2014-10-09 Reiterated Rating Bank of America Buy $19.00 to $8.00
2014-10-09 Downgrade Pacific Crest Outperform to Sector Perform
2014-10-02 Downgrade Citigroup Inc. Buy to Neutral $15.00 to $9.50
2014-07-31 Reiterated RBC Capital Mkts Outperform $19 to $16
2014-07-31 Reiterated Rating Citigroup Inc. Buy $18.00 to $15.00
2014-07-31 Reiterated Rating JPMorgan Chase & Co. Overweight $17.00 to $16.50
2014-07-31 Reiterated Rating Pacific Crest Outperform $18.00 to $14.00
2014-07-31 Reiterated Rating RBC Capital Outperform $19.00 to $16.00
2014-07-16 Initiated Coverage Buckingham Research Neutral
2014-07-10 Initiated Dougherty & Company Neutral
2014-07-10 Initiated Coverage Dougherty & Co Neutral
2014-07-09 Initiated Coverage DA Davidson Neutral $14.00
2014-05-02 Boost Price Target JPMorgan Chase & Co. Overweight $16.00 to $17.00
2014-04-21 Initiated Coverage Citigroup Inc. Buy
2014-04-16 Initiated Coverage Bank of America Buy $19.00
2014-04-16 Initiated Coverage Oppenheimer Equal Weight to Outperform $14.47 to $20.00
2014-04-16 Initiated Coverage Pacific Crest Outperform $18.00
2014-04-16 Initiated Coverage Morgan Stanley Equal Weight $19.00
2014-04-16 Initiated Coverage RBC Capital Outperform $19.00
2014-04-16 Initiated Coverage JPMorgan Chase & Co. Overweight $16.00
2016-04-29 Reiterated Rating Morgan Stanley Hold $6.00
2016-04-29 Reiterated Rating Oppenheimer Buy $8.00
2016-04-29 Reiterated Rating Oppenheimer Holdings Inc. Buy $8.00
2016-02-10 Boost Price Target JPMorgan Chase & Co. Overweight $7.50 to $9.00
2016-02-10 Lower Price Target Oppenheimer Outperform $10.00 to $8.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
CHEN LEE CEO and President 16.65%  (9961538) ATEN /
CHUNG PETER Y Indirect GP of 10% Owner 15.87%  (9492417) ACIA / ATEN / MTSI / UBNT /
SUMMIT PARTNERS L P Manager of GP of 10% Owner 15.87%  (9492417) ATEN / FLT / FRF / MTSI / UBNT /
Summit Partners Growth Equity Fund VIII-A, L.P. 15.76%  (9427846) ATEN /
Jalan Rajkumar Chief Technology Officer 0.71%  (425132) ATEN /
Constantino Thomas EVP, Chief Financial Officer 0.29%  (175000) ATEN /
COCHRAN ROBERT D VP, Legal & Corp Collaboration 0.26%  (156965) ATEN /
SMETS RAYMOND J VP of Worldwide Sales 0.25%  (149725) ATEN /
Reiss Gunter VP Worldwide Mktg & Bus Dev 0.22%  (130719) ATEN /
SALSBURY PHILLIP J 0.22%  (129571) ATEN /
Becker Neil Wu VP Worldwide Mktg and Comm 0.20%  (118946) ATEN /
Kapoor Sanjay VP of Global Marketing 0.16%  (95000) ATEN /
Natarajan Shiva Kumar Interim CFO 0.12%  (73737) AMCC / ATEN /
Straughn Greg Chief Financial Officer 0.11%  (65561) ATEN /
Braham Tor 0.10%  (59715) ATEN / JDSU / NTAP / SIGM / YHOO /
Henricks Alan S. 0.07%  (41981) ATEN / ELLI / MODN /

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