Allot Communications sees Q2 revenue $21M-$22M, consensus $30.43M Based on preliminary estimates, Allot Communications expects revenue in Q2 to be in the range of $21M-$22M. The company also expects to generate a net operating loss in the quarter. Allot's book to bill ratio in Q2 was above 1 and cash reserves comprise of cash, cash equivalents, bank deposits and marketable securities as of June 30 were approximately $120M. "We are disappointed by the Q2 preliminary results and attribute this weakness to lower bookings in Q1 as well as delays in closing certain deals during Q2". Said Andrei Elefant, CEO and president of Allot Communications. "During Q2, our bookings rebounded and included three wins totaling approximately $8M from new Tier-1 mobile operators. We expect initial revenue recognition from these wins during the second half of 2015."