Allot Communications Announces First Quarter 2016 Financial Results

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Go back to Allot Communications Announces First Quarter 2016 Financial Results

Wunderlich Securities Downgrades Allot Communications (ALLT) to Hold

May 3, 2016 10:51 AM EDT

Wunderlich Securities downgraded Allot Communications (NASDAQ: ALLT) from Buy to Hold.

For an analyst ratings summary and ratings history on Allot Communications click here. For more ratings news on Allot Communications click here.

Shares of Allot Communications closed at $5.28 yesterday.

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Allot Communications (ALLT) Misses Q1 EPS by 6c

May 3, 2016 7:20 AM EDT

Allot Communications (NASDAQ: ALLT) reported Q1 EPS of ($0.06), $0.06 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $22.9 million versus the consensus estimate of $24.16 million.

GUIDANCE:

Allot Communications sees FY2016 revenue of $102-108 million, versus the consensus... More