A10 Networks Inc. (ATEN) stock gains in after-hour session. Let’s find out why?

A10 Networks Inc. (ATEN) stock plunged by 3.46% at the last trading close whereas the ATEN stock price rises by 7.62% at the last check in the after-hours trading session. A10 Networks is a hyperscale company that offers stable server platforms and technologies for on-premises, multi-cloud, and edge-cloud environments. ATEN’s goal is to help service providers and businesses provide stable, accessible, and reliable business-critical apps for multi-cloud transformation and 5G readiness. ATEN help their customers with the most stable and accessible digital experience by delivering improved market results that promote investment security, innovative business models, and future-proof infrastructures.

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Upcoming Important Event

ATEN’s first quarter 2021 financial reports will be published after the markets close on Tuesday, April 27, 2021, according to A10 Networks.

2020 Business Scenario

With the global pandemic and widespread transition to work-from-home standards, a growing degree of advanced cyber-attacks, the introduction of 5G networks, and massive acceptance of IoT, businesses and service providers have faced extraordinary obstacles in the last year. The increased emphasis and investment on device and network protection has resulted from the accelerated technology transition and reliance on digital networks.

As they tackle this rapidly evolving world, A10 Networks has experienced a drastic rise in consumer demands. The faster introduction of apps, cloud, and XaaS technology to help companies handle remote work and school; and 5G had become a reality, allowing more and higher-capacity communications from millions of smartphones, both necessitated defense of this extended threat surface from increasingly nuanced cyber-attacks.

As a worldwide phenomenon, A10 has seen the leading telecom service providers (CSPs) broaden their offerings, leveraging new opportunities with government and businesses, as well as regional providers meeting the urgent need for high-speed broadband in remote areas.