Allot Announces Q1 2023 Financial Results

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Go back to Allot Announces Q1 2023 Financial Results

Allot Communications (ALLT) Misses Q1 EPS by 8c, Misses on Revenue; Offers FY23 Revenue Guidance

May 16, 2023 5:06 AM EDT

Allot Communications (NASDAQ: ALLT) reported Q1 EPS of ($0.21), $0.08 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $21.1 million versus the consensus estimate of $31.25 million.

GUIDANCE:

Allot Communications sees FY2023 revenue of $110-120 million, versus the consensus... More