A10 Networks, Inc.

All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by 0. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then 1 on your touch-tone phone. To withdraw your question, please press star, then 2. Please note this event is being recorded. I would now like to turn the conference over to Jeff Stanlitz with A10 Investor Relations. Please go ahead.

Thank you all for joining us today. This call is being recorded and webcast live and may be accessed for at least 90 days via the A10 Network website at atennetworks.com. Members of ATEN's management team joining me today are Drupad Tabeti, President and CEO, and CFO Brian Becker. Before we begin, I would like to remind you that shortly after the market closed today, ATEN Networks issued a press release announcing its third quarter 2021 financial results. Additionally, ATEN published a presentation and supplemental trended financial statements. You may access the press release, presentation, and trended financial statements on the investor relations section of the company's website. During the course of today's call, management will make forward-looking statements, including statements regarding our projections for our anticipated future financial results, quarterly dividend payments, and our expectations that we expect to utilize our entire net operating loss carry-forwards in future periods, future growth, and continued improvements to our business model, our visibility of future operations, and confidence in our ability to accelerate growth beyond previous targets and our ability to continue to return capital to shareholders. These statements are based on current expectations and beliefs as of today, October 28, 2021. These forward-looking statements involve a number of risks and uncertainties, some of which are beyond our control, such as the potential impact of the COVID-19 pandemic on our business and operations that could cause actual results to differ materially, and you should not rely on them as predictions of future events. ATEN does not intend to update information contained in these forward-looking statements, whether as a result of new information, future events, or otherwise. For a more detailed description of these risks and uncertainties, please refer to our most recent 10-K. Please note that with the exception of revenue, financial measures discussed today are on a non-GAAP basis and have been adjusted to exclude certain charges. The non-GAAP financial measures are not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP and may be different from non-GAAP financial measures presented by other companies. A reconciliation between GAAP and non-GAAP measures can be found in the press release issued today and on the trended quarterly financial statements posted on the company's website. I would now like to turn the call over to Dhruva Trivedi, President and CEO of ATEN Networks.

Dhruva Trivedi Thank you, Jack, and thank you all for joining us today. This was another strong quarter for ATEN. With revenue growth above our expected range, and profitability growth that was double our revenue growth rate again demonstrating the earnings power of our business model this quarter validates the strategic changes we have made to focus on high value opportunities and regions streamlining and adjusting our sales and marketing organization to better address these high value opportunities and focusing on differentiated security-led offerings that drive recurring revenue today we are a faster growing company outpacing the overall industry and we are much more profitable with a strong balance sheet and robust cash flow we delivered 15 year-over-year growth in the quarter resulting in 10 growth for the first nine months of 2021 as a reminder our growth target was six to eight percent at the beginning of the year we are ahead of that for the year based on better than expected traction from our strategic initiatives portfolio transformation and improving execution overcoming the impact of the pandemic and supply chain constraints. All of the underlying metrics, including sales mix and revenue geography, are in line with... ...