Allot Announces Third Quarter 2018 Financial Results

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Go back to Allot Announces Third Quarter 2018 Financial Results

Allot Communications (ALLT) Tops Q3 EPS by 2c, Revenues Beat

November 6, 2018 5:36 AM EST

Allot Communications (NASDAQ: ALLT) reported Q3 EPS of ($0.03), $0.02 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $24.2 million versus the consensus estimate of $23.69 million.

Erez Antebi, President & CEO of Allot, commented: "Our strong growth continues, and we are very much on track with our plans. In line with our strategy, we have recently successfully closed a couple of security deals in which we provide products and support and we share in the ongoing revenue with the CSP as the services gain increased traction with end users. I... More