<p>A10 Networks 最近的财报电话会议传达了主要积极的情绪，特别是在美洲地区的显著收入增长，这得益于对人工智能基础设施的投资。公司显示出盈利能力指标的改善，并强烈关注安全导向的收入。尽管这些积极趋势存在，但由于宏观经济逆风和日本等地区的增长放缓，挑战依然存在。</p>
<h2>收入增长</h2>
<p>A10 Networks 报告称第三季度的收入同比增长近 12%。这一增长在美洲尤为明显，收入在过去 12 个月内增长了 25%，主要受到对人工智能基础设施投资的推动。这一显著增长突显了公司在人工智能领域扩展业务的战略重点。</p>
<h2>盈利能力指标</h2>
<p>公司成功将 EBITDA 利润率从 26.7% 扩展至 29.3%，同时非 GAAP 运营利润率从 22.6% 提升至 24.7%。这些盈利能力指标的改善表明 A10 Networks 在运营管理上的高效，以及将收入增长转化为改善财务表现的能力。</p>
<h2>产品收入增长</h2>
<p>产品收入同比大幅增长 17%，反映出强劲的市场需求，并作为未来收入来源的良好指标。产品收入的增长凸显了 A10 Networks 产品在满足客户需求方面的有效性。</p>
<h2>安全导向的收入增长</h2>
<p>安全导向的收入已超过公司的长期目标，目前占总收入的 65% 以上。这一增长是由于客户对综合安全解决方案的需求增加，使 A10 Networks 成为网络安全市场的领导者。</p>
<h2>强劲的现金流</h2>
<p>A10 Networks 在第三季度产生了 2280 万美元的经营现金流，季度末现金和投资总额达到 3.71 亿美元。这一强劲的现金流表现为公司提供了坚实的财务基础，以支持未来的增长计划。</p>
<h2>宏观经济逆风</h2>
<p>公司在美洲以外的地区面临宏观经济逆风。然而，这些挑战已被美洲的强劲表现所缓解，展示了 A10 Networks 的韧性和对高增长领域的战略关注。</p>
<h2>某些地区的增长缓慢</h2>
<p>日本由于持续的经济挑战而经历增长缓慢，影响了 A10 Networks 在该地区的整体表现。这突显了在应对地区经济差异时需要进行战略调整。</p>
<h2>前瞻性指引</h2>
<p>展望未来，A10 Networks 预计将继续增长，这得益于其在人工智能基础设施和网络安全方面的战略投资。公司报告称 2025 年第三季度收入同比增长 12%，达到 7470 万美元，产品收入增长 17%，服务收入增长 6%。董事会批准每股 0.06 美元的季度现金分红，反映出对公司在人工智能和网络安全市场战略定位的信心。</p>
<p>总之，A10 Networks 的财报电话会议突显了积极的发展轨迹，特别是在美洲地区的显著收入和盈利增长。尽管在某些地区面临宏观经济挑战，但公司在人工智能基础设施和安全导向收入方面的战略重点使其在未来取得成功的前景良好。</p>

ATEN

<p>A10 Networks 报告了强劲的第三季度增长，收入同比增长近 12%，特别是在美洲地区增长了 25%，这得益于对人工智能的投资。盈利能力有所改善，EBITDA 利润率上升至 29.3%。产品收入增长了 17%，以安全为主导的收入超过了总收入的 65%。尽管面临宏观经济挑战，尤其是在日本，该公司仍产生了 2280 万美元的现金流。展望未来，A10 预计将继续增长，并计划每季度派发每股 0.06 美元的现金红利，反映出对其在人工智能和网络安全战略重点上的信心</p>

<p>A10 Networks’ recent earnings call conveyed a predominantly positive sentiment, underscored by notable revenue growth, especially in the Americas, fueled by investments in AI infrastructure. The company has shown improved profitability metrics and a strong focus on security-led revenues. Despite these positive trends, challenges persist due to macroeconomic headwinds and slower growth in regions such as Japan.</p>
<div class="lb-trans"><p>A10 Networks 最近的财报电话会议传达了主要积极的情绪，特别是在美洲地区的显著收入增长，这得益于对人工智能基础设施的投资。公司显示出盈利能力指标的改善，并强烈关注安全导向的收入。尽管这些积极趋势存在，但由于宏观经济逆风和日本等地区的增长放缓，挑战依然存在。</p>
</div><h2>Revenue Growth</h2>
<div class="lb-trans"><h2>收入增长</h2>
</div><p>A10 Networks reported a robust revenue growth of nearly 12% year-over-year for the third quarter. This growth was particularly pronounced in the Americas, where the revenue increased by 25% on a trailing 12-month basis, driven largely by investments in AI infrastructure. This significant uptick highlights the company’s strategic focus on expanding its presence in the AI sector.</p>
<div class="lb-trans"><p>A10 Networks 报告称第三季度的收入同比增长近 12%。这一增长在美洲尤为明显，收入在过去 12 个月内增长了 25%，主要受到对人工智能基础设施投资的推动。这一显著增长突显了公司在人工智能领域扩展业务的战略重点。</p>
</div><h2>Profitability Metrics</h2>
<div class="lb-trans"><h2>盈利能力指标</h2>
</div><p>The company has successfully expanded its EBITDA margins from 26.7% to 29.3% year-over-year, alongside an improvement in non-GAAP operating margins from 22.6% to 24.7%. These enhancements in profitability metrics indicate A10 Networks’ efficient operational management and its ability to leverage revenue growth into improved financial performance.</p>
<div class="lb-trans"><p>公司成功将 EBITDA 利润率从 26.7% 扩展至 29.3%，同时非 GAAP 运营利润率从 22.6% 提升至 24.7%。这些盈利能力指标的改善表明 A10 Networks 在运营管理上的高效，以及将收入增长转化为改善财务表现的能力。</p>
</div><h2>Product Revenue Increase</h2>
<div class="lb-trans"><h2>产品收入增长</h2>
</div><p>Product revenue saw a substantial increase of 17% year-over-year, reflecting strong market demand and serving as a promising indicator for future revenue streams. This growth in product revenue underscores the effectiveness of A10 Networks’ product offerings in meeting customer needs.</p>
<div class="lb-trans"><p>产品收入同比大幅增长 17%，反映出强劲的市场需求，并作为未来收入来源的良好指标。产品收入的增长凸显了 A10 Networks 产品在满足客户需求方面的有效性。</p>
</div><h2>Security-Led Revenue Growth</h2>
<div class="lb-trans"><h2>安全导向的收入增长</h2>
</div><p>Security-led revenue has surpassed the company’s long-term target, now making up over 65% of total revenue. This growth is driven by heightened customer demand for integrated security solutions, positioning A10 Networks as a leader in the cybersecurity market.</p>
<div class="lb-trans"><p>安全导向的收入已超过公司的长期目标，目前占总收入的 65% 以上。这一增长是由于客户对综合安全解决方案的需求增加，使 A10 Networks 成为网络安全市场的领导者。</p>
</div><h2>Strong Cash Flow</h2>
<div class="lb-trans"><h2>强劲的现金流</h2>
</div><p>A10 Networks generated $22.8 million in cash flow from operations during the third quarter, with cash and investments totaling $371 million at the quarter’s end. This strong cash flow performance provides the company with a solid financial foundation to support future growth initiatives.</p>
<div class="lb-trans"><p>A10 Networks 在第三季度产生了 2280 万美元的经营现金流，季度末现金和投资总额达到 3.71 亿美元。这一强劲的现金流表现为公司提供了坚实的财务基础，以支持未来的增长计划。</p>
</div><h2>Macroeconomic Headwinds</h2>
<div class="lb-trans"><h2>宏观经济逆风</h2>
</div><p>The company is facing macroeconomic headwinds in regions outside the Americas. However, these challenges have been mitigated by the strong performance in the Americas, showcasing A10 Networks’ resilience and strategic focus on high-growth areas.</p>
<div class="lb-trans"><p>公司在美洲以外的地区面临宏观经济逆风。然而，这些挑战已被美洲的强劲表现所缓解，展示了 A10 Networks 的韧性和对高增长领域的战略关注。</p>
</div><h2>Slow Growth in Certain Regions</h2>
<div class="lb-trans"><h2>某些地区的增长缓慢</h2>
</div><p>Japan is experiencing slow growth due to ongoing economic challenges, impacting A10 Networks’ overall performance in the region. This highlights the need for strategic adjustments to navigate regional economic variances.</p>
<div class="lb-trans"><p>日本由于持续的经济挑战而经历增长缓慢，影响了 A10 Networks 在该地区的整体表现。这突显了在应对地区经济差异时需要进行战略调整。</p>
</div><h2>Forward-Looking Guidance</h2>
<div class="lb-trans"><h2>前瞻性指引</h2>
</div><p>Looking ahead, A10 Networks anticipates continued growth, driven by its strategic investments in AI infrastructure and cybersecurity. The company reported a 12% year-over-year revenue increase in the third quarter of 2025, reaching $74.7 million, with product revenue growing by 17% and service revenue by 6%. The Board’s approval of a quarterly cash dividend of $0.06 per share reflects confidence in the company’s strategic positioning in AI and cybersecurity markets.</p>
<div class="lb-trans"><p>展望未来，A10 Networks 预计将继续增长，这得益于其在人工智能基础设施和网络安全方面的战略投资。公司报告称 2025 年第三季度收入同比增长 12%，达到 7470 万美元，产品收入增长 17%，服务收入增长 6%。董事会批准每股 0.06 美元的季度现金分红，反映出对公司在人工智能和网络安全市场战略定位的信心。</p>
</div><p>In summary, A10 Networks’ earnings call highlighted a positive trajectory with significant revenue and profitability growth, particularly in the Americas. Despite facing macroeconomic challenges in certain regions, the company’s strategic focus on AI infrastructure and security-led revenues positions it well for future success.</p>
<div class="lb-trans"><p>总之，A10 Networks 的财报电话会议突显了积极的发展轨迹，特别是在美洲地区的显著收入和盈利增长。尽管在某些地区面临宏观经济挑战，但公司在人工智能基础设施和安全导向收入方面的战略重点使其在未来取得成功的前景良好。</p>
</div>

A10 Networks 在面临挑战的情况下报告了强劲的第三季度增长