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Market Overview

Allot: Q4 Earnings Insights

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Shares of Allot (NASDAQ:ALLT) rose 5.8% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 120.00% over the past year to $0.01, which were in line with the estimate of $0.01.

Revenue of $39,091,000 up by 27.89% from the same period last year, which beat the estimate of $38,870,000.

Looking Ahead

The upcoming fiscal year's revenue expected to be between $145,000,000 and $150,000,000.

Conference Call Details

Date: Feb 09, 2021

Time: 08:30 AM

ET Webcast URL: http://veidan-stream.com/allotq4-2020.html

Recent Stock Performance

Company's 52-week high was at $15.25

Company's 52-week low was at $6.44

Price action over last quarter: Up 52.26%

Company Overview

Allot Ltd is a provider of leading innovative network intelligence and security solutions for service providers and enterprises. The company's solutions are deployed globally for network and application analytics, traffic control and shaping, and network-based security services. The firm's multi-service platforms are deployed by over 500 mobile, fixed, and cloud service providers and over 1000 enterprises.

 

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Posted-In: BZI-RecapsEarnings News

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