Allot Announces Second Quarter 2018 Financial Results

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Allot Communications (ALLT) Tops Q2 EPS by 2c, Slight Beat on Revenues; Offers FY18 Revenue Outlook

August 7, 2018 5:54 AM EDT

Allot Communications (NASDAQ: ALLT) reported Q2 EPS of ($0.04), $0.02 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $23 million versus the consensus estimate of $22.35 million.

Net loss on a GAAP basis for the second quarter of 2018 was $2.4 million, or $0.07 per basic share, an improvement compared with a net loss of $4.0 million, or $0.12 per basic share, in the second quarter of 2017.Non-GAAP net loss for the second... More