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SAN JOSE, Calif. - A10 Networks, Inc. (NYSE:ATEN), a $1.27 billion market cap company with impressive gross profit margins of nearly 80%, announced Thursday that Chief Financial Officer Brian Becker will step down and leave the company at the end of September 2025. Michelle Caron has been appointed as his successor, effective September 24, 2025.
Dhrupad Trivedi, President and CEO of A10 Networks, acknowledged Becker’s contributions, noting that he "has been an important part of the leadership team during A10’s progress and has instituted strong processes that will continue to serve us into the future." The company maintains strong financial health, with InvestingPro data showing a healthy current ratio of 4.23 and more cash than debt on its balance sheet.
Caron joins A10 Networks with over 20 years of finance leadership experience. She most recently served as VP Finance and Chief Financial Officer at Beckman Coulter Lifesciences, a division of Danaher Corporation. During her 15-year tenure at Danaher, she held various roles in operational excellence, mergers and acquisitions, budgeting, and strategy development.
Prior to Danaher, Caron worked in finance and controller positions at Philips Healthcare and Stryker Biotech. She is a Certified Public Accountant with an MBA from Southern Connecticut State University and a BS in Accounting from Central Connecticut State University.
A10 Networks provides security and infrastructure solutions for on-premises, hybrid cloud, and edge-cloud environments. The company serves over 7,000 customers including enterprises, communications providers, and cloud and web service providers.
The information in this article is based on a company press release statement.
In other recent news, A10 Networks reported impressive financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share of $0.21, exceeding the forecasted $0.19 by 10.53%. Revenue also outperformed predictions, reaching $69.4 million, which was higher than both the anticipated $66.21 million and BTIG’s estimate of $63.0 million. This represents a 15.5% year-over-year growth, driven by improvements in the service provider segment. Following these results, BTIG upgraded A10 Networks’ stock rating from Neutral to Buy, setting a price target of $22.00. The firm’s decision highlights confidence in the company’s growth trajectory. These developments reflect A10 Networks’ strong performance and potential for future growth.
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