HOD-HASHARON, Israel (AP) _ Allot Communications Ltd. (ALLT) on Tuesday reported a loss of $1.8 million in its fourth quarter.
On a per-share basis, the Hod-Hasharon, Israel-based company said it had a loss of 5 cents. Losses, adjusted for stock option expense and amortization costs, came to 1 cent per share.
The internet protocol services company posted revenue of $26.9 million in the period.
For the year, the company reported that its loss narrowed to $10.4 million, or 31 cents per share. Revenue was reported as $95.8 million.
Allot Communications expects full-year revenue in the range of $106 million to $110 million.
Allot Communications shares have risen 15 percent since the beginning of the year. The stock has increased 45 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALLT at https://www.zacks.com/ap/ALLT