A10 networks reports organic growth, expansion of recurring revenue and security solutions, driven by 5g and cybersecurity, for q1 2021

San jose, calif.--(business wire)--a10 networks (nyse: aten), a leading provider of secure application services and solutions, today announced financial results for its first quarter ended march 31, 2021. first quarter 2021 financial summary revenue of $54.8 million, up 2.0% year-over-year. deferred revenue of $113.2 million, up 11.8% year-over-year. security solutions grew to 60% of revenue and increased 15.5% on ttm basis. gaap gross margin of 77.2%; non-gaap gross margin of 78.9%. gaap net i
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