Allot Communications (ALLT) Misses Q4 EPS by 27c, offers outlook

Allot Communications (NASDAQ: ALLT) reported Q4 EPS of ($0.43), $0.27 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $24.34 million versus the consensus estimate of $22.26 million.

Financial Outlook

Looking ahead to 2024, management expectations are as follows:

Full-year 2024 non-GAAP operating profit and free cash flow breakeven
Continued double-digit growth of SECaaS revenues and ARR

For earnings history and earnings-related data on Allot Communications (ALLT) click here.

You May Also Be Interested In

• SpaceX: New Street Research sees 22% upside from proposed IPO price
• Generac Holdings (GNRC) PT Raised to $335 at UBS on durability and visibility of earnings trajectory
• Transportadora de Gas del Sur SA (ADR) (TGS) PT Raised to $48 at BofA Securities