Allot Communications (ALLT) Misses Q4 EPS by 27c, offers outlook

Allot Communications (NASDAQ: ALLT) reported Q4 EPS of ($0.43), $0.27 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $24.34 million versus the consensus estimate of $22.26 million.

Financial Outlook

Looking ahead to 2024, management expectations are as follows:

Full-year 2024 non-GAAP operating profit and free cash flow breakeven
Continued double-digit growth of SECaaS revenues and ARR

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

You May Also Be Interested In

• SanDisk and Micron surge as Apple confirms memory price pass-through
• Vail Resorts taps bankers for potential activist defense, Semafor reports
• Hyperscale Data launches $300M at-the-market stock offering