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A10 Networks, Inc. (ATEN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenue:          
Total revenue  280.3250.0225.5212.6232.2235.4227.3196.3
            Total revenue growth  12.1%10.9%6.1%-8.4%-1.4%3.6%15.8%9.3%
Cost of revenue:          
Total cost of revenue  56.853.550.148.951.953.354.448.4
    Gross profit  223.5196.5175.4163.7180.3182.1172.9147.9
            Gross margin  79.7%78.6%77.8%77.0%77.7%77.4%76.1%75.3%
   
Operating expenses:          
Sales and marketing  88.585.777.792.8103.2101.4104.4104.5
Research and development  58.454.158.161.865.263.060.754.8
General and administrative  23.523.421.923.739.628.126.326.6
Restructuring expense     2.5    
    Total operating expenses  170.4163.1157.6180.8208.0192.5193.5188.2
    Income from operations  53.133.417.7-17.1-27.7-10.4-20.6-40.3
            Operating margin  18.9%13.4%7.9%-8.0%-11.9%-4.4%-9.0%-20.5%
   
Non-operating income (expense):          
Interest income  1.30.41.5     
Interest and other income (expense), net  1.72.23.00.71.10.8-0.60.5
    Total non-operating income (expense), net  -0.4-1.71.40.71.10.8-1.1-0.8
    Income before income taxes  52.731.619.1-16.4   -41.2
Provision for (benefit from) income taxes  5.8-63.21.31.41.11.20.80.7
    Net income  46.994.917.8-17.8-27.6-10.8-22.4-41.9
   
Net income (loss) per share - basic (in dollars per share)  $0.62$1.23$0.23($0.23)($0.38)($0.15)($0.34)($0.67)
Net income (loss) per share - diluted (in dollars per share)  $0.60$1.19$0.22($0.23)($0.38)($0.15)($0.34)($0.67)
   
Net income per share:          
Weighted-average shares used in computing net income per share:          
Weighted Average Number of Shares Outstanding, Basic  75.577.077.876.172.970.165.762.4
Weighted Average Number of Shares Outstanding, Diluted  77.880.080.076.172.970.165.762.4

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