Hod Hasharon, Israel, May 26, 2020 -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS).
Allot Ltd. It is noted that Allot has not yet completed a full review of first quarter financials and, therefore, this number is only an estimate and is not final. Allot did sign several new security deals during the first quarter, including two new recurring revenue deals with new operators (a small deal in APAC and a medium-sized deal in Latin America).
Is (ALLT) Outperforming Other Computer and Technology Stocks This Year?
HOD HASHARON, Israel, May 12, 2020 /PRNewswire/ -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for communication service providers and enterprises worldwide, today announced its u…
ALLT earnings call for the period ending March 31, 2020.
Hod Hasharon, Israel, April 21, 2020 -- Allot Ltd. (NASDAQ: ALLT, TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service.
Shares of Allot (NASDAQ:ALLT) rose 9.5% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were up 80.00% over the past year to ($0.01), which beat the estimate of ($0.09).Revenue of $29,289,000 rose by 15.57% from the same period last year, which beat the estimate of $29,000,000.Looking Ahead Allot hasn't issued any earnings guidance for the time being.Allot hasn't issued any revenue guidance for the time being.Details Of The Call Date: May 12, 2020View more earnings on ALLTTime: 08:05 PM ETWebcast URL: https://edge.media-server.com/mmc/p/maqe6v6mTechnicals 52-week high: $13.0552-week low: $6.44Price action over last quarter: down 3.69%Company Profile Allot Ltd is engaged in developing, selling and marketing network intelligence and security solutions for mobile, fixed and cloud service providers, as well as enterprises. The company's flexible and highly scalable hardware platforms and software applications are deployed globally for network and application analytics, traffic control and shaping, network-based security including mobile security, DDoS protection, IoT security and more. Its main platforms include Allot Service Gateway service delivery platform and Allot Secure.See more from Benzinga * 16 Technology Stocks Moving In Thursday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
NEW YORK, NY / ACCESSWIRE / February 4, 2020 / Allot Ltd. (NASDAQ:ALLT) will be discussing their earnings results in their 2019 Fourth Quarter Earnings to be held on February 4, 2020 at 8:30 AM Eastern ...
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Allot Communications (ALLT) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Hod Hasharon, Israel, Jan. 16, 2020 -- Allot Ltd. (NASDAQ: ALLT, TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service.
Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for communication service providers and enterprises worldwide, today announced its unaudited first quarter 2020 financial results.
Get inside Wall Street with StreetInsider Premium Breaking News . Claim your 1-week free trial here. Hod Hasharon, Israel, May 26, 2020 (GLOBE NEWSWIRE) — Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and…
Hod Hasharon Israel,, March 27, 2020 -- HOD HASHARON, Israel, March 26, 2020 -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network.
Shareholders will be ecstatic, with their stake up 32% over the past week following Allot Ltd.'s (NASDAQ:ALLT) latest...
Image source: The Motley Fool. Allot Communications (NASDAQ: ALLT)Q1 2020 Earnings CallMay 12, 2020, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for standing by.
The growth situation at Allot has improved since my last writeup.Pandemic notwithstanding, guidance is for 25% revenue growth in 2020.Sum of the parts valuations leads to 155% upside potential.
Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for communication service providers and enterprises worldwide, today announced its unaudited first quarter 2020 financial results.
HOD HASHARON, Israel, May 12, 2020 /PRNewswire/ -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for communication service providers and enterprises worldwide, today announced its u…
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Allot Ltd. Following their Broadcom acquisition, the Symantec Enterprise Division has chosen to End of Sale the PacketShaper line of products to concentrate their investment in the Enterprise Security Software market.
It’s no secret that the markets had a great year in 2019. The S&P 500 rose 29% by year’s end, and the NASDAQ, with its heavy emphasis on tech stocks, performed even better, growing 35% for the year. In a curious demonstration of uneven gains, just two companies – Apple and Microsoft – accounted for 15% of the S&P’s total annual gains.Are the good times over, though? The markets appear to be slowing so far this year, and analysts are predicting only a 3% to 5% gain by the end of 2020. Headwinds are forming, as the coronavirus outbreak impinges on trade and travel patterns in Asia as well as a growing list of other regions. The impact has been particularly felt in the tech sector, where companies generally have more exposure to China.But this doesn’t mean that investors should steer clear of tech. There are still plenty of Buy-rated choices available – if you’re willing to look a little deeper. We’ve used the Stock Screener tool from TipRanks to pull up three such stocks, small-cap companies with upside potential in excess of 20%. Here are the results.Allot, Ltd. (ALLT)We’ll start with Allot, a cloud computing company focused on network intelligence and security solutions. The company’s products include security as a service (SECaaS), DOS protection, and network intelligence and traffic management. Allot is a fast-growing company in the cloud software niche, as shown by the recently reported Q4 2019 results.The company reported Q4 revenue grew 14% year-over-year to reach $30.6 million, with annual revenues of $110.1 million reflecting a 15% increase. Like many small-cap tech companies, Allot reported a net loss per share in the quarter, of 5 cents. This didn’t scare off investors as the stock is up 41% so far this year.Looking ahead, Allot is confident in its ability to drive continued growth. Management reported a bookings backlog worth $138 million – a sign that customer interest remains strong. Projecting the backlog will lend itself to future sales, the company guides for 2020 revenue in the range of $135 million to $140 million.Covering this stock for Needham, 5-star analyst Alex Henderson has given ALLT a Buy rating and a rare double price target increase this month. He initially raised his target from $9.50 to $11.50, but has since lifted it to $15. In total, that’s a 58% increase in his outlook for the stock, and suggests a 26% upside potential. (To watch Henderson’s track record, click here)Supporting his stance, Henderson says, “We… forecast accelerating revenue growth in 2020, and believe that it needs to sustain its pace of subscription wins after the stock nearly doubled over the past 18 months. Allot Communications should succeed given its robust pipeline of leads and the adoption intent of its customers regarding its Security subscription businesses.”As a smaller tech company, with a market cap of $410.5 million, ALLT shares have escaped intense scrutiny from Wall Street’s analysts. The review by Henderson is currently the only one in the TipRanks database – but it does indicate a clear path forward for the stock. (See Allot stock analysis on TipRanks) Akoustis Technologies, Inc. (AKTS)Next on today’s list is Akoustis, a provider of the crystal-based piezoelectric components of bulk acoustic wave (BAW) filters commonly used in mobile wireless devices, including smartphones. It’s a specialty niche, but a profitable one, and AKTS saw share gains of 61% in 2019.Following up on its fiscal Q1 moves, Akoustis realized over $32 million in net cash from a common stock issuance. The success of the stock sale gives the company a healthy balance sheet moving forward, important as total revenues, while in line with guidance, were flat sequentially. The net loss per share in the quarter was 21 cents, which was less severe than the 24 cents expected. AKTS shares are up 12% since the earnings release.Sujeeva De Silva, 5-star analyst with Roth Capital, is bullish on AKTS. He writes, “[We are] encouraged by initial volume orders from infrastructure customers, and expect infrastructure customer ramp to commence in the June quarter with WiFi customer ramps starting in the September quarter. The company's revenue guidance reflects expectation for volume filter revenue ramp in the mid-to-late CY20 timeframe…”In line with his optimistic outlook, De Silva puts a Buy rating on the stock, along with a $10 price target. His target suggests a 25% upside potential. (To watch De Silva’s track record, click here)AKTS shares have 5 recent reviews, breaking down as 4 Buys and 1 Hold, giving the stock a Strong Buy consensus rating. The average price target, $10, matches De Silva’s, indicating that the stock has room for 25% growth in the near future. (See Akoustis price targets and analyst ratings on TipRanks) nLight, Inc. (LASR)Our final stock is an interesting player in the industrial laser industry. nLight produces lasers for high-tech manufacturing industries. Its products include fiber-optic lasers, diode systems, single emitters, and diode laser stacks. The company has a world-wide sales base, with customers in the semiconductor, materials processing, electronics, medical, and military sectors.LASR shares are down since last week, when the company reported a fourth quarter earnings loss and revenue beat. At the bottom line, the EPS net loss was 6 cents. On the top line, however, revenues beat the forecast by 12% and came in at $42.9 million. On the downside, the revenue number was a slip of 7.1% year-over-year. LASR shares are down 12% so far in 2020.Reviewing the stock for Stifel Nicolaus, 4-star analyst John Marchetti writes, “[We] expect the company to return to double-digit revenue growth following a challenging 2019. [I]ndustry fundamentals and new product introductions provide a more constructive outlook. We believe nLight's focus on higher-powered lasers, programmability, and new market applications should provide a strong base to return to growth…”Marchetti gives the stock a Buy recommendation, and raised his price target from $21 to $26, implying an upside potential here of 45%. (To watch Marchetti’s track record, click here)nLight has received 4 Buy ratings and 1 Hold, giving the stock a Strong Buy consensus view. The average price target, $24.75, indicates room for a robust 38% premium from the current share price of $17.89. (See nLight stock-price forecast on TipRanks) To find good ideas for tech stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
Is (ALLT) Outperforming Other Computer and Technology Stocks This Year?
Erez Antebi became the CEO of Allot Ltd. (NASDAQ:ALLT) in 2017. First, this article will compare CEO compensation with...
BOULDER, Colo.--(BUSINESS WIRE)-- #BoomtownDemoDay--Boomtown Accelerator’s First Virtual Demo Day Features Shark Tank’s Barbara Corcoran as Host of its 13th Cohort
Allot Ltd. The Allot MVC is an interactive 3D environment that showcases Allot solutions for mobile operators as a replacement to close the gap left by the cancelled Mobile World Congress. Hundreds of participants from communication service providers (CSPs) have registered for the MVC so far.
Closures associated with COVID-19 are threatening the health of Long Island’s many downtowns and the livelihoods of those who own businesses and employ workers there. The renaissance of once-dormant d
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings…
Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced its unaudited fourth quarter and full year 2019 financial results.
Allot (ALLT) saw a big move last session, as its shares jumped nearly 11% on the day, amid huge volumes.
MEO and Allot will share the service revenues. Hod Hasharon, Israel, Jan. 21, 2020 (GLOBE NEWSWIRE) -- Allot Ltd. The Allot Secure solution is a first-of-its-kind multi-layered platform that integrates network-based and endpoint security.
New solution in the Allot Secure family, includes unified management, customizable security policies and a self-diagnostics chat box.