A10 Networks (NYSE: ATEN) today announced that it will delay the filing with the Securities and Exchange Commission of its Annual Report on Form 10-K for the year ended December 31, 2017, beyond the filing's due date.

As previously disclosed, the company's Audit Committee, with the assistance of outside counsel, is conducting an investigation regarding certain revenue recognition and internal control matters. The investigation is focused on the time period of the fourth quarter of 2015 through the fourth quarter of 2017 inclusive. The Audit Committee has not reached any conclusions because the investigation is ongoing. Consequently, the company is not in a position to file the Form 10-K until after the completion of the Audit Committee's investigation. While the company continues to work expeditiously to conclude this review and to file the Form 10-K as soon as practical, it does not anticipate filing its Form 10-K within the 15-day extension period provided under Rule 12b-25(b).

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of such words as "will," "expects," "plans," "intends," "believes," and similar expressions that do not relate to historical matters. Forward-looking statements in this press release include, but are not limited to, statements, inferences, beliefs or expectations regarding: the pending Audit Committee investigation, including its timing and results; consequences and effects of the investigation, including on previously announced company financial results and any adjustments thereto; timing of completion of the investigation or the announcement of the company's 2017 fourth quarter and full year financial results; and the company's plans, objectives and intentions that are not historical facts generally.

The above forward-looking statements reflect the current intent, beliefs and expectations of the company's management. They involve known and unknown risks, uncertainties and other factors that may cause future events, including the company's performance and results to differ materially from those expressed or implied by the forward-looking statements. Factors that may cause actual future events to differ from those in the forward-looking statements include the outcome of the pending investigation and the possibility of adjustments, including material adjustments, to the company's financial statements as the investigation progresses. See also the factors described under the heading "Item 1A -- Risk Factors" in the company's Annual Report on Form 10-K for the year ended December 31, 2016, and in the company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2017, or as otherwise described in the company's other public filings. The company's results may also be affected by factors of which the company is not currently aware. The company may not update these forward-looking statements, even though its situation may change in the future, unless it has obligations under the federal securities laws to update and disclose material developments related to previously disclosed information.

About A10 Networks

A10 Networks (NYSE: ATEN) is a Reliable Security Always TM company, providing a range of high-performance application networking solutions that help organizations ensure that their data center applications and networks remain highly available, accelerated and secure. Founded in 2004, A10 Networks is based in San Jose, Calif., and serves customers globally with offices worldwide. For more information, visit: www.a10networks.com and @A10Networks.

The A10 logo, A10 Networks, A10 Thunder, Reliable Security Always and Secure Application Services are trademarks or registered trademarks of A10 Networks, Inc. in the United States and other countries. All other trademarks are the property of their respective owners.

View source version on businesswire.com: http://www.businesswire.com/news/home/20180316005166/en/

Copyright Business Wire 2010