Allot Announces Fourth Quarter and Full Year 2018 Financial Results
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Allot Communications (ALLT) PT Raised to $9.50 at Needham & Company
February 6, 2019 7:47 AM ESTNeedham & Company analyst Alex Henderson raised the price target on Allot Communications (NASDAQ: ALLT) to $9.50 (from $7.50) while maintaining a Buy rating.
The analyst commented, "The Allot Security enablement business is offering enticing growth potential. Allot is increasingly quantifying the upside and making our numbers look... More
Allot Communications (ALLT) Tops Q4 EPS by 2c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus
February 5, 2019 5:39 AM ESTAllot Communications (NASDAQ: ALLT) reported Q4 EPS of ($0.01), $0.02 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $26.9 million versus the consensus estimate of $25.18 million.
Erez Antebi, President & CEO of Allot, commented: "We are very pleased with our performance in 2018, with revenues growing at a faster pace than we had originally expected . Our DPI business performed well in 2018, resulting from much improved execution of our teams across the globe. We are... More
