Recap: Allot Q1 Earnings

Recap: Allot Q1 Earnings

 

Allot ALLT reported its Q1 earnings results on Tuesday, May 17, 2022 at 05:00 AM.

Here's what investors need to know about the announcement.

Earnings

Allot beat estimated earnings by 62.96%, reporting an EPS of $-0.1 versus an estimate of $-0.27.

Revenue was up $713.00 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 1.82% drop in the share price the next day.

Here's a look at Allot's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.03 -0.05 -0.09 -0.12
EPS Actual -0.06 0 -0.04 -0.06
Revenue Estimate 40.65M 37.01M 34.13M 31.92M
Revenue Actual 40.97M 38.16M 35.29M 31.18M

To track all earnings releases for Allot visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews