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Recap: Allot Q1 Earnings

Benzinga Insights
·1 min read

Shares of Allot (NASDAQ:ALLT) rose 9.5% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 80.00% over the past year to ($0.01), which beat the estimate of ($0.09).

Revenue of $29,289,000 rose by 15.57% from the same period last year, which beat the estimate of $29,000,000.

Looking Ahead

Allot hasn't issued any earnings guidance for the time being.

Allot hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: May 12, 2020

View more earnings on ALLT

Time: 08:05 PM ET

Webcast URL: https://edge.media-server.com/mmc/p/maqe6v6m

Technicals

52-week high: $13.05

52-week low: $6.44

Price action over last quarter: down 3.69%

Company Profile

Allot Ltd is engaged in developing, selling and marketing network intelligence and security solutions for mobile, fixed and cloud service providers, as well as enterprises. The company's flexible and highly scalable hardware platforms and software applications are deployed globally for network and application analytics, traffic control and shaping, network-based security including mobile security, DDoS protection, IoT security and more. Its main platforms include Allot Service Gateway service delivery platform and Allot Secure.

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