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Allot 1Q earnings beat consensus, reiterates strong growth ahead

Allot Ltd (NASDAQ:ALLT) (TASE:ALLT) CFO Alberto Sessa tells Proactive Investors the security and smart network intelligence solutions company has posted revenue of $25.3 million, a 17% year-over-year increase for the quarter ended March 2019.

Sessa says the company is on track to meet expectations of bringing in revenue between $106 million and $110 million for 2019.

Quick facts: Allot Ltd

Price: 8.63 USD

NASDAQ:ALLT
Market: NASDAQ
Market Cap: $296.46 m
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Allot Communications turns focus to network security

Allot Communications (NASDAQ: ALLT) CEO Erez Antebi tells Proactive Investors the company is focusing increasingly on network security. The provider of security and monetization products is based in Hod HaSharon, Israel and has been around since 1996. Allot’s platforms are deployed by...

on 13/6/18

2 min read