Allot Communications Ltd (ALLT) Misses Q2 EPS by 2c

Allot Communications Ltd (NASDAQ: ALLT) reported Q2 EPS of $0.06, $0.02 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $28.2 million versus the consensus estimate of $28.78 million.

"We are highly encouraged by the rapid adoption of the Allot Service Gateway Tera platform by Tier-1 mobile service providers and expect this to set a strong foundation for future follow-on installations of analytics, security and additional value added services. The business environment continues to show strength and book to bill ratio was, for the 6th quarter in a row, higher than 1. Entering the second half of the year, our funnel is robust and we continue to identify interesting opportunities with service providers that choose more comprehensive solution than in the past." saidAndrei Elefant, President & CEO of Allot Communications. "We see an increasing demand for advanced services and sense a shift towards application-centric data plans offering."

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