New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 23, 2014
07:20 EDTALLTAllot Communications receives order from Tier-1 mobile operator
Allot Communications received an order from a Tier-1 mobile operator in EMEA for the Allot Policy Control and Charging solution.
News For ALLT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 6, 2015
15:55 EDTALLTAllot Communications downgraded to Hold from Buy at Wunderlich
Subscribe for More Information
11:44 EDTALLTAllot Communications downgraded to Neutral from Buy at Dougherty
Subscribe for More Information
11:28 EDTALLTAllot Communications downgraded to Perform from Outperform at Oppenheimer
Subscribe for More Information
09:15 EDTALLTOn The Fly: Pre-market Movers
Subscribe for More Information
05:23 EDTALLTAllot Communications announces three strategic wins totaling $8M
Subscribe for More Information
05:21 EDTALLTAllot 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."

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use