A10 Networks, Inc.
|Company Name||A10 Networks, Inc.|
On October 3, 2023, A10 published a press release reporting its preliminary financial results for the third quarter of 2023. Therein, the Company disclosed that it “experienced delays related to North American service provider customers pushing out capital expenditures” and that deals the Company “expected to close at the end of the quarter were delayed into future periods.”
On this news, A10’s stock price fell $4.13, or 27.2%, to close at $11.04 per share on October 4, 2023, thereby injuring investors.
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