Shares of A10 Networks (NYSE: ATEN) have soared today, up 14% as of 12:45 p.m. EDT, after the company announced that third-quarter revenue is expected to exceed its prior outlook. The company also now expects to be profitable during the quarter on a non-GAAP basis.
Revenue in the fiscal third quarter is now expected to be in the range of $59 million to $60 million, well above its prior guidance range of $53 million to $57 million. On top of that, A10 should report a profit on a non-GAAP basis, although the company did not quantify by how much.