Allot Communications (ALLT) Reports In-Line Q2 EPS, Slight Beat on Revenues; Reiterates FY17 Revenue Guidance

Allot Communications (NASDAQ: ALLT) reported Q2 EPS of ($0.07), in-line with the analyst estimate of ($0.07). Revenue for the quarter came in at $19.5 million versus the consensus estimate of $19.14 million.

2017 Outlook

Management reiterates its previously issued guidance and expects 2017 revenues in the range of $80 - $84 million. Revenues for the second half of 2017 are expected to be better than for the first half and the book to bill ratio for the year is expected to be above 1.

GUIDANCE:

Allot Communications sees FY2017 revenue of $80-84 million, versus the consensus of $81.66 million.

For earnings history and earnings-related data on Allot Communications (ALLT) click here.

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