A10 Networks (ATEN) Q4 2024 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Tue, April 14, 2026 astatine 10:39 AM CDT 26 min read

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Tuesday, February 4, 2025 astatine 4:30 p.m. ET

• President and Chief Executive Officer — Dhrupad Trivedi

• Chief Financial Officer — Brian Becker

Dhrupad Trivedi, A10's President and CEO; and CFO, Brian Becker. Before we begin, I would similar to punctual you that soon aft the marketplace closed today, A10 Networks issued a property merchandise announcing its 4th fourth and afloat twelvemonth 2024 fiscal results. Additionally, A10 published a presumption and supplemental trended fiscal statements. You whitethorn entree the property release, presumption and trended fiscal statements connected the Investor Relations conception of the company's website. During the people of today's call, absorption volition marque forward-looking statements, including statements regarding projections for aboriginal operating results, demand, manufacture and lawsuit trends, strategy, imaginable caller products and solutions, our superior allocation strategy, profitability, expenses and investments, positioning and our dividend program.

These statements are based connected existent expectations and beliefs arsenic of today, February 4, 2025. These forward-looking statements impact a fig of risks and uncertainties, immoderate of which are beyond our power that could origin existent results to disagree materially, and you should not trust connected them arsenic predictions of aboriginal events. A10 does not mean to update accusation contained successful these forward-looking statements whether arsenic a effect of caller information, aboriginal events oregon otherwise, unless required by law. For a much elaborate statement of these risks and uncertainties, delight notation to our astir caller 10-K and quarterly study connected Form 10-Q.

Please enactment that with the objection of revenue, fiscal measures discussed contiguous are connected a non-GAAP ground and person been adjusted to exclude definite charges. The non-GAAP fiscal measures are not intended to beryllium considered successful isolation oregon arsenic a substitute for results prepared successful accordance with GAAP and whitethorn beryllium antithetic from non-GAAP fiscal measures presented by different companies. A reconciliation betwixt GAAP and non-GAAP measures tin beryllium recovered successful the property merchandise issued contiguous and connected the trended quarterly fiscal statements posted connected the company's website. Now I'd similar to crook the telephone implicit to Dhrupad Trivedi, President and CEO of A10 Networks.

Dhrupad Trivedi: Thank you, Tom, and convey you each for joining america today. A10 ended the 2024 year, delivering 5% maturation for the 4th and 4% maturation for the twelvemonth arsenic our work supplier marketplace continues to normalize and we are making the expected advancement to grow our beingness with endeavor customers. We participate 2025, expecting the existent trends astir work providers to proceed and present continued maturation with endeavor customers. Our optimism is bolstered by an improving competitory presumption with some lawsuit segments and the designation that information and AI-related investments are progressively serving arsenic a catalyst for spending. We judge that A10's offering is exceedingly good aligned with some of these secular trends.