Aerohive, A10 revenue warnings could signal trouble for networking-sector earnings

The possibility of weakness in the computer network software space in the current quarter raised its head late Tuesday after two companies cut their forecasts for the quarter within minutes of each other, sending their respective shares significantly lower.

Shares of Aerohive Networks Inc.HIVE, -3.23% and A10 Networks Inc. ATEN, -3.56% both dropped 20% or more late Tuesday in after-hours trading. At last check, Aerohive shares fell 20% to $4.55, and A10 shares dropped 22% to $5.70.

Late Tuesday, Aerohive warned that fourth-quarter revenue would be in the ballpark of $37 million, following its previous forecast of $40 million to $42 million.

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