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Allot CEO touts growth trend, expects new deals in coming months

Published: 05:28 21 Nov 2018 AEDT

Allot (NASDAQ:ALLT) CEO Erez Antebi tells Proactive Investors about 3Q earnings, saying the network security company grew between 17% and 18% year over year and sees the trend continuing in the fourth quarter.

Erez also says that he expects to announce new security deals with new operators in the next few months, creating a "significant" basis for recurring revenue from its security division.

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