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Allot Ltd. (ALLT)

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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9.83-0.35 (-3.44%)
As of 2:53PM EDT. Market open.
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Previous Close10.18
Open10.16
Bid9.83 x 900
Ask9.85 x 900
Day's Range9.75 - 10.16
52 Week Range6.44 - 13.05
Volume70,953
Avg. Volume200,934
Market Cap346.139M
Beta (5Y Monthly)0.75
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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  • Tier-1 Telecom Service Provider in APAC Selects Allot HomeSecure to Provide Cyber-protection to Consumers
    GlobeNewswire

    Tier-1 Telecom Service Provider in APAC Selects Allot HomeSecure to Provide Cyber-protection to Consumers

    Anti-Malware Protection for Home Routers and Networks, plus Configurable Parental Controls to be Offered to Millions of ConsumersHod Hasharon Israel,, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, today announced that a Tier-1 telecom operator in APAC has selected Allot HomeSecure to provide consumers with zero touch clientless cybersecurity and parental control services to protect the CPEs/routers and devices in their homes. The HomeSecure solution will be deployed in CPEs provided to consumers by the operator, and in the operator’s cloud-native environment.  The services are expected to be made available to millions of the operator’s fixed broadband customers. The operator has ordered an enterprise-wide perpetual license from Allot. According to the Microsoft Security endpoint threat report 2019, the malware encounter rate in APAC was 1.6 times higher than the global average. In light of these conditions, Allot HomeSecure gives telecom providers in APAC a unique opportunity to deliver zero-touch, fully automated services that protect their customers while generating supplemental revenues. Allot HomeSecure provides security for home IoT, smart appliances, and the devices connected to the home network. It integrates into the existing home router with the addition of a thin software client that provides home network visibility, cybersecurity and parental controls without the need for any configuration by the consumer. Allot HomeSecure uses AI to identify and profile connected home devices and to detect and act upon anomalous device behavior. HomeSecure has the option to be managed from an easy-to-use app for every household that gives consumers control over their network security and parental controls. “Our customer in APAC sees anti-malware protection for all home-connected devices and parental controls as basic requirements for any offering they provide to their millions of fixed broadband customers. HomeSecure gives them a single zero-touch clientless solution that satisfies both of these demands,” said Ran Fridman, EVP Global Sales at Allot.  Additional Resources:Allot Blog: https://www.allot.com/blogFollow us on Twitter: @allot_ltdFollow us on LinkedIn: https://www.linkedin.com/company/allot-communications About AllotAllot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative network intelligence and security solutions for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more. Allot’s multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Our industry-leading network-based security as a service solution has achieved over 50% penetration with some service providers and is already used by over 23 million subscribers in Europe.Allot. See. Control. Secure.Forward-Looking StatementThis release contains forward-looking statements, which express the current beliefs and expectations of company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: acceptance of our products by our reseller and customer in EMEA, our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors, government regulation; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on third-party channel partners for a material portion of our revenues; and other factors discussed under the heading "Risk Factors" in the Company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. CONTACT: Seth Greenberg Allot +972 549222294 sgreenberg@allot.com Kimberly Velasco Fusion PR for Allot kimberly.velasco@fusionpr.com Ehud Helft / Kenny Green Allot Investor Relations +1-646-688-3559 Allot@gkir.com

  • GlobeNewswire

    Allot to Host Thrird Quarter 2020 Earnings Results Conference Call on November 4, 2020

    Hod Hasharon, Israel, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ: ALLT, TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, announced today that it will host a conference call to discuss its third quarter 2020 earnings results, on Wednesday, November 4, 2020 at 8:30AM ET (1:30PM UK, 3:30PM Israel). The unaudited financial results of the quarter will be published prior to the commencement of the conference call.‎To access the conference call, please dial one of the following numbers:US:  1-888-642-5032, UK: 0-800-917-5108, Israel: +972-3-918-0609A live webcast of the conference call can be accessed on the Allot website at http://investors.allot.com/. The webcast will also be archived on the website following the conference call.  About Allot Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative network intelligence and security solutions for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more. Allot’s multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Our industry-leading network-based security as a service solution has achieved over 50% penetration with some service providers and is already used by over 23 million subscribers in Europe.For more information, visit www.allot.com CONTACT: Seth Greenberg Allot +972 549222294 sgreenberg@allot.com Ehud Helft GK Investor Relations +1 646 201 9246 allot@gkir.com

  • GlobeNewswire

    Tier-1 Telco in APAC Selects Allot Congestion Management for Quality of Experience Improvement and CAPEX Savings

    Allot Smart Solution to Improve Quality of Experience by up to 30% in Heavily Congested Cells.Hod Hasharon, Israel, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, today announced that a Tier-1 fixed and mobile telecommunications provider in APAC has selected the Allot Smart family of traffic management and analysis solutions to optimize network performance. The solution is expected to reduce RAN CAPEX and improve quality of experience (QoE) up to a 30%* in heavily congested cells. The implementation in the CSP’s network contains Allot Smart solutions including Allot ClearSee. Powered by inline deep packet inspection (DPI), the Allot solution captures a rich variety of network topology, application, user, and quality of experience (QoE) data in real-time. Allot ClearSee uses machine learning AI and closed-loop analytics to generate actionable intelligence from the service provider’s network traffic and drives automated network congestion management capabilities. “Allot Smart solutions provide the CSP with our best-in-class congestion management which can help them offer better quality of experience to their customers,” said Mark Shteiman, Vice President of Product Management at Allot. “By implementing Allot’s traffic management and analysis solutions, they see a significant improvement in users’ QoE, by as much as 30% in heavily congested cells, while reducing CAPEX.” For more information on Allot Smart solutions visit: https://www.allot.com/products-service-providers/network-intelligence-software/ * QoE improvement is defined by relative median PDCP delay reduction in congested cells.  CONTACT: Seth Greenberg Allot +972 549222294 sgreenberg@allot.com Kimberly Velasco Fusion PR for Allot kimberly.velasco@fusionpr.com Ehud Helft / Kenny Green Allot Investor Relations +1-646-688-3559 Allot@gkir.com