Allot Communications Announces Second Quarter 2015 Financial Results

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Allot Communications (ALLT) Reports In-Line Q2 Loss

August 4, 2015 5:57 AM EDT

Allot Communications (NASDAQ: ALLT) reported Q2 EPS of ($0.09), in-line with the analyst estimate of ($0.09). Revenue for the quarter came in at $21.6 million versus the consensus estimate of $21.47 million.Allot Communications reaffirmed FY2015 guidance.

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Allot Communications (ALLT) Approves $15M Common Stock Buyback Plan

August 4, 2015 5:49 AM EDT

Allot Communications (NASDAQ: ALLT) announced that its Board of Directors has approved a program for the Company to repurchase up to $15 million of its outstanding ordinary shares. Under Israeli law, commencement of repurchases is subject to court approval. As of June 30, 2015 Allot had approximately 33.5 million ordinary shares outstanding.

Andrei Elefant, President and Chief... More