Boston, MA 10/09/2014 (wallstreetpr) – A10 Networks Inc (NYSE:ATEN) announced preliminary revenue figures for the third quarter and informed investors about the scheduled financial result conference call. A10 expects the revenue to come in a range of $43.0 million-$43.5 million compared to the prior guidance of $48.0 million-$50.0 million.
The revenue
Lee Chen, President and the CEO of A10 Networks Inc (NYSE:ATEN), said that A10 is disappointed with the announced preliminary revenue results. The lower bookings in North America and longer close time-period for deals are the prime reasons behind the lower revenues. The revenue in Japan is encouraging that can be impacted by the currency exchange rates. A10 continued with its planned strategy in the third quarter. It succeeded in getting solid market traction as the A10 Thunder TPS solution received great response in the industry.A10 closed multiple initial sales of A10 Thunder TPS solution.
The schedule
A10 Networks Inc (NYSE:ATEN) will announce financial results of 3Q2014 on October 30, 2014, after market hours. The management of A10 will host a conference call on the same day to discuss the financial performance of A10 in the third quarter.
The other news
In the other news, FlowTraq has partnered with A10 to speed mitigation of DDoS attack and automate detection. It will be possible by establishing a direct connection between A10’s Thunder TPS Threat Protection solution and FlowTraq. The partnership combines the high-volume network traffic analysis of FlowTraq with A10’s traffic shaping expertise. Thus, the partnership will result in one of the fastest automated DDoS mitigation system in the industry.
The system
It also scores on the price aspect as it priced quite lower compared to its competitive alternatives. The security solution of A10 Networks Inc (NYSE:ATEN) provides overall protection against DDoS attacks. It delivers enhance performance and enables service availability against a variety of application attacks. FlowTraq intends to use advanced algorithms for detection and mitigation of DDoS attacks.
