Allot Communications Announces Authorization of Share Repurchase Program of up to $15 Million
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Allot Communications (ALLT) Reports In-Line Q2 Loss
August 4, 2015 5:57 AM EDTAllot 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.
For earnings history and earnings-related data on Allot Communications (ALLT) click here.
... MoreAllot Communications (ALLT) Approves $15M Common Stock Buyback Plan
August 4, 2015 5:49 AM EDTAllot 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
