Allot News
200 articles
Allot Wins Analyst Support as Security-First Strategy Draws Fresh Optimism
Allot Ltd., a provider of network intelligence and cybersecurity solutions based in Hod HaSharon, Israel, has received a positive outlook from analysts. On October 23, 2025, Needham & Company initiated coverage with a Buy rating and a $12.50 price target, highlighting Allots strategic focus on a security-first approach. This follows a similar positive initiation by TD Cowen, indicating a shift in analyst sentiment towards Allots potential for growth. The companys multi-service platform, used by mobile, fixed, and cloud service providers, is seen as a key driver of its momentum. Despite the optimism, some analysts suggest that certain AI stocks may offer greater upside potential.
TD Cowen Initiates Allot Ltd. (ALLT) with Buy Rating, $13 PT on Cybersecurity Market Tailwinds
Allot Ltd. (NASDAQ:ALLT) has been identified as a promising tech stock by Wall Street analysts, with TD Cowen initiating coverage with a Buy rating and a $13 price target. The company is expected to experience double-digit profitable growth due to strong cybersecurity market tailwinds. A significant growth driver is Allots focus on the underserved small business sector, which presents a $10 billion total addressable market opportunity. While Allot is seen as a strong investment, the article suggests that certain AI stocks may offer greater upside potential. The company develops and markets network intelligence and security solutions globally.
Exploring 3 High Growth Tech Stocks in the US Market
ACADIA Pharmaceuticals Inc., a biopharmaceutical company, is experiencing significant earnings growth, outpacing the biotech industry with a 626.8% increase over the past year. Despite trailing behind the broader U.S. market in revenue growth projections, the company is focused on expanding its operations through aggressive research and development efforts. ACADIA is committed to advancing its pipeline, with significant findings on investigational drugs like ACP-711 for essential tumor treatments and improvements in Parkinsons disease psychosis management with NUPLAZID®. These efforts underscore the companys potential for long-term innovation and competitiveness in neurology-focused therapies.
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Allot to Present at the LD Micro Main Event Conference on October 21, 2025
Allot Ltd., a global provider of Security-as-a-Service and network intelligence solutions, announced its participation in the LD Micro Main Event XIX in San Diego, California, from October 19-21, 2025. CEO Eyal Harari will present to investors on October 21 and will be available for one-on-one meetings. The event aims to provide unparalleled access and insight into promising micro-cap companies. Allots solutions are widely deployed by over 500 service providers and 1000 enterprises globally. The company emphasizes its commitment to innovation in cybersecurity and network intelligence, enhancing value for its customers. The press release also includes a safe harbor statement regarding forward-looking statements.
Implied Volatility Surging for Allot Stock Options
The article discusses the recent high implied volatility in the options market for Allot Ltd., particularly concerning the Oct. 17, 2025 $6.00 Put. This suggests that investors expect significant movement in the companys stock price, possibly due to an upcoming event. Allot Ltd. is currently ranked as a Zacks Rank #3 (Hold) in the Technology Services industry. Over the past 60 days, there has been a slight increase in the earnings estimate for the upcoming quarter. The article highlights that options traders might be looking to sell premium due to the high implied volatility, a strategy that can capture decay and potentially reduce risk.
Allot Ltd. (NASDAQ:ALLT) Is Expected To Breakeven In The Near Future
Allot Ltd., a company specializing in network intelligence and security solutions, is on the verge of a significant achievement as it approaches breakeven. Despite recent financial losses, analysts predict that Allot will turn a profit by 2026, with an expected annual growth rate of 60%. The company operates without debt, relying solely on equity investment, which reduces investment risk. This growth-positive outlook is driven by the companys strategic focus on profitability and its ability to operate debt-free. Analysts remain optimistic about Allots future, although achieving the projected growth rate is crucial for meeting profitability targets.
Exploring US High Growth Tech Stocks September 2025
Allot Ltd. is a company specializing in network intelligence and security solutions, with a market cap of $433.99 million. The company has projected a promising revenue range of $98 million to $102 million for 2025, indicating robust growth potential. This growth is supported by strategic client acquisitions, including Mas Movil Panama and Play, which have adopted Allots advanced cybersecurity solutions. The companys focus on continuous product innovation and deployment across diverse telecommunications platforms positions it favorably in the competitive tech landscape. Allots commitment to R&D and its ability to address cybersecurity needs dynamically highlight its potential for market leadership.
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Allot Leverages SnapLogic to Launch AI Agent to Highlight Health Inequalities in Pharma
Allot, an AI-driven pharma commercial analytics company, has developed an AI agent to address health inequalities by leveraging SnapLogics integration platform. The agent transforms complex healthcare data into actionable insights, enabling pharmaceutical companies to improve patient outcomes and optimize resource allocation. By analyzing datasets such as GP practice records and environmental indicators, the AI agent identifies communities most affected by asthma, allowing for targeted interventions. The partnership between Allot and SnapLogic exemplifies how integration technology and sector expertise can deliver impactful solutions in healthcare.
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3 Stocks Estimated To Be Trading At Discounts Of 16% To 45.7%
Allot Ltd. is highlighted as an undervalued stock with a market cap of $380.63 million, trading at $8.44, below its estimated fair value of $10.04. The company is involved in network intelligence and security solutions across various regions. Despite past shareholder dilution, Allot shows promising growth potential with earnings expected to grow 60.46% annually and profitability anticipated within three years. Recent client agreements have enhanced its cybersecurity offerings, and improved financial performance in Q2 2025 supports a trajectory towards profitable growth with revenue guidance set between $98 million and $102 million for the year.
Are Business Services Stocks Lagging ADEIA INC (ADEA) This Year?
Adeia, a member of the Business Services group, is currently outperforming its peers in the sector. With a Zacks Rank of #1 (Strong Buy), the companys full-year earnings estimate has increased by 5.4% over the past quarter, indicating a positive earnings outlook. Year-to-date, Adeia has gained about 11.3%, surpassing the average return of 2.4% for Business Services companies. However, within the Technology Services industry, Adeias performance is slightly below the groups average gain of 21.6%. Despite this, Adeias strong stock performance and positive analyst sentiment suggest continued growth potential.
High Growth US Tech Stocks To Watch In August 2025
aTyr Pharma, Inc., a clinical-stage biotechnology company, is focused on developing therapies for fibrosis and inflammation. Despite being unprofitable with modest revenue, the company is on a high-growth trajectory, with anticipated annual revenue increases of 64.4%, significantly above the U.S. market average. aTyr Pharma is heavily investing in R&D, particularly in its EFZO-FIT study for pulmonary sarcoidosis treatments. Recent filings for substantial shelf registrations indicate a strategic move to bolster capital for research and commercialization, positioning the company as a promising player in biotech innovation.
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Allot Announces Second Quarter 2025 Financial Results
Allot Ltd., a global provider of network intelligence and security solutions, reported strong financial results for Q2 2025, with a 9% increase in revenue year-over-year. The companys SECaaS ARR grew by 73% year-over-year, contributing significantly to its overall revenue. Allots partnership with Verizon Business and a major deal with a tier-1 EMEA telecom operator have bolstered its growth. The company has raised its full-year revenue guidance to $98-102 million and expects SECaaS ARR growth of 55-60% for 2025.
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/PRNewswire/ -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service...
Allot Ltd. reported strong financial results for Q2 2025, with a 9% year-over-year revenue increase to $24.1 million. The companys Security as a Service (SECaaS) segment saw a 73% year-over-year growth in annual recurring revenue, contributing significantly to the overall revenue. Allot also closed a public offering of $46 million, using the proceeds to repay convertible debt and for general corporate purposes. The company announced a major deal with a tier-1 EMEA telecom operator, further boosting its SECaaS growth. Allot raised its full-year 2025 revenue guidance to $98-102 million, expecting continued profitable growth.
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Should Allot Stock Be in Your Portfolio Before Q2 Earnings?
Allot Ltd. is set to report its second-quarter 2025 results on August 14, with expectations of breakeven earnings compared to a loss in the previous year. Revenue is anticipated to rise by 3.3% year-over-year, driven by strong demand for Smart and Tera III products and new tier-1 customer agreements. The companys SECaaS offerings, integrated by Verizon Business, are expanding its customer base and boosting recurring revenue. Allots shares have surged 28% year-to-date, outperforming its industry. Despite high valuation metrics, the company is focused on profitable growth through efficient operations and high-margin recurring revenues.
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Fathom Holdings (FTHM) Reports Q2 Loss, Beats Revenue Estimates
Fathom Holdings reported a quarterly loss of $0.1 per share, which was worse than the Zacks Consensus Estimate of a $0.03 loss. This represents an earnings surprise of -233.33%. The company, part of the Zacks Technology Services industry, posted revenues of $121.42 million for the quarter, surpassing estimates by 3.52%. Despite this revenue beat, Fathom Holdings shares have declined by about 11.1% since the start of the year, underperforming the S&P 500s gain of 8.4%. The companys earnings outlook remains uncertain, with a Zacks Rank of #3 (Hold), indicating expected market performance in the near future.
Allot NetworkSecure Selected by Más Móvil Panama to Provide Network-native Cybersecurity Protection to their Mobile and Fixed Customers
Allot Ltd., a global provider of Security-as-a-Service and network intelligence solutions, has partnered with Más Móvil Panamá to implement Allot NetworkSecure. This network-native cybersecurity platform will initially protect Más Móvils residential postpaid customers from cyber threats, with plans to expand to prepaid mobile and fixed-line segments. The service offers zero-touch, clientless operation, providing protection against malware and phishing attacks, along with parental control features. This partnership marks Más Móvil as the first network operator in Panama to adopt such a solution, enhancing digital security for its subscribers.
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AirSculpt Technologies, Inc. (AIRS) Q2 Earnings Match Estimates
AirSculpt Technologies, Inc. reported quarterly earnings of $0.02 per share, aligning with the Zacks Consensus Estimate, but down from $0.09 per share a year ago. The company posted revenues of $44.01 million, missing the consensus estimate by 3.57% and down from $51 million a year ago. Despite outperforming the S&P 500 with a 27.4% share increase since the start of the year, the companys future performance remains uncertain, hinging on managements commentary and earnings outlook. The Zacks Rank for the stock is #3 (Hold), indicating expected performance in line with the market.
Allot to Release Second Quarter 2025 Results and Host Conference Call on August 14, 2025
Allot Ltd., a global provider of security-as-a-service and network intelligence solutions, announced it will host a conference call to discuss its second quarter 2025 financial results on August 14, 2025. The company provides cybersecurity solutions and network intelligence for service providers and enterprises, with its solutions deployed globally by over 500 service providers and over 1000 enterprises. The conference call will be accessible via phone and a live webcast on the Allot website, with an archive available post-call.
Estimating The Intrinsic Value Of Allot Ltd. (NASDAQ:ALLT)
The article discusses the valuation of Allot Ltd. (NASDAQ: ALLT) using a Discounted Cash Flow (DCF) model. The analysis estimates the companys fair value at US$8.71 per share, which is close to its current trading price of US$8.66. The DCF model considers two stages of growth, with an initial higher growth rate followed by a stable growth rate. The projected cash flows from 2026 to 2035 are discounted to present value, resulting in a total present value of US$169 million. The article suggests that Allots stock is trading near its estimated fair value, indicating a growth-positive outlook.
Zacks.com featured highlights include RF Industries, Legacy Education, Primoris Services, Allot and Euroseas
RF Industries Ltd. has experienced a significant increase in its stock price, soaring 74% over the past four weeks. The company, which designs and manufactures interconnect products and systems, is seeing strong market performance due to expectations of over 100% earnings growth for the current year ending October 2025. This positive outlook is supported by an improved Zacks Consensus Estimate for current-year earnings, which has increased by 4.3% over the last 30 days. The broader U.S. stock market is also performing well, with indices like the S&P 500 and Nasdaq Composite reaching all-time highs.
Play Selects Allot DNS Secure to Offer Cyber Protection to Its Broadband Customers
Allot Ltd., a global provider of security-as-a-service and network intelligence solutions, has expanded its partnership with Play, a leading operator in Poland. Play has selected Allots DNS Secure to offer cybersecurity protection services to its fixed broadband customers. This agreement, signed in April 2025, builds on the existing network-based cybersecurity services that Play deployed for its mobile customers in 2021. The deployment of DNS Secure aims to provide protection against cyber threats and content filtering. The partnership reflects Allots commitment to enhancing customer satisfaction and providing a unified user experience for Plays mobile and fixed broadband customers.
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Is Allot (ALLT) Stock Outpacing Its Business Services Peers This Year?
Allot Communications, a company in the Business Services sector, has shown significant growth this year, outperforming its peers. The companys stock has increased by approximately 74.1% year-to-date, compared to the sectors average gain of 2.6%. Allot Communications holds a Zacks Rank of #1 (Strong Buy), indicating a positive earnings outlook and improving analyst sentiment. The Zacks Consensus Estimate for Allots full-year earnings has risen by 133.3% in the past quarter. The company is part of the Technology Services industry, which has also seen positive performance this year. Investors may want to monitor Allot Communications for continued strong performance.
Recent Price Trend in Allot Communications (ALLT) is Your Friend, Here's Why
The article discusses the potential of ALLT, an internet protocol services company, as a profitable investment for trend investors. ALLT has shown a solid price increase of 58.3% over 12 weeks and 2.9% over the past four weeks, indicating a sustained upward trend. The stock is trading at 90.5% of its 52-week high-low range, suggesting a possible breakout. ALLT holds a Zacks Rank #1 (Strong Buy), placing it in the top 5% of stocks based on earnings estimate revisions and EPS surprises. This ranking system has a strong track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
Allot Signs Landmark Deal with Tier 1 EMEA Telecom Operator, Valued at Tens of Millions of Dollars
Allot Ltd., a global provider of security-as-a-service and network intelligence solutions, has secured a major customer win, the largest in five years, by signing a multi-year agreement with a Tier-1 telecom operator in EMEA. The deal, valued at tens of millions of dollars, involves providing an integrated network intelligence and cybersecurity solution for the operators converged mobile and fixed network. The solutions include Allot Smart solutions for traffic management, policy and charging control, network visibility and analytics, and cybersecurity services. This partnership is a significant step in Allots strategy to expand its security and network intelligence presence across EMEA.
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Unusual Machines Skyrocket 640% in a Year: Buy, Hold or Sell?
Unusual Machines, Inc. (UMAC) has experienced significant growth, with its shares skyrocketing by 639.8% over the past year, outperforming its industry peers and the S&P 500 Composite. Despite this growth, the company faces challenges, including a net loss increase to $3.3 million in Q1 2025 and struggles with gross margins due to tariffs. UMAC completed a $40-million public offering in May 2025, which diluted shareholder value but bolstered cash reserves. The company aims to achieve a $15-$20 million annual revenue run rate in the next four to six quarters, a significant leap from its current $2 million revenue. The competitive market and need for tech innovations in battery life, payload capacity, and AI present ongoing challenges.
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Allot First Quarter 2025 Earnings: US$0.008 loss per share (vs US$0.065 loss in 1Q 2024)
Allot reported its first quarter 2025 financial results, showing a revenue increase of 5.8% from the same quarter in 2024, reaching US$23.2 million. The net loss narrowed significantly by 87% to US$332,000, translating to a loss of US$0.008 per share, an improvement from the previous years loss of US$0.065 per share. Despite these improvements, Allots shares have decreased by 8.4% over the past week. The companys revenue is forecasted to grow at an average annual rate of 7.6% over the next three years, which is below the 13% growth forecast for the US software industry. The article provides a general analysis based on historical data and forecasts, without offering specific investment advice.
PRE Security Expands Global Executive Team and Launches Multi-Tenant Platform for MSSPs and Distributed Enterprises
PRE Security, an AI Native Cybersecurity Company, has launched a Multi-Tenant Management System for MSSPs and multiple premises environments. The company is expanding its executive team with the appointment of Miri Varbitzky as Vice President of Global Business Development and International Sales, and Dominic Neo as Vice President of Sales, APAC. These appointments are part of PREs strategy to enhance global sales and meet increasing demand. The company is leveraging AI to predict, detect, and automate responses to cyber threats, offering an alternative to outdated SIEM platforms. PRE Security is also promoting Jens Andreassen to Senior Vice President of Strategic Development to strengthen strategic partnerships and industry engagement.
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Allot Announces Pricing of Underwritten Public Offering of Ordinary Shares
Allot Ltd., a global provider of network intelligence and security solutions, announced a public offering of 5,000,000 ordinary shares at $8.00 per share, with an option for underwriters to purchase an additional 750,000 shares. The offering is expected to raise $40 million, which will be used to repay a $31.41 million promissory note to its largest shareholder, Lynrock Lake Master Fund LP, and for general corporate purposes. Lynrock will convert the remaining $8.59 million of the note into shares and has agreed to a 75-day lock-up period. The offering is managed by TD Cowen, William Blair, Needham & Company, and Northland Capital Markets.
PIPE/PO
US Equity Futures Rise Ahead of Powell Testimony
The article from MT Newswires discusses the state of US equity futures, which were higher pre-bell on a Wednesday morning. The article mentions the anticipation of the second day of Federal Reserve Chair Js activities. However, the text provided is limited and does not contain specific information about any particular company, its activities, or any financial events such as investments, acquisitions, or layoffs. The article appears to be part of a premium service requiring a subscription for full access.
Is Byrna Technologies (BYRN) Stock Outpacing Its Business Services Peers This Year?
Byrna Technologies Inc. (BYRN) is a standout stock in the Business Services sector, outperforming its peers with a year-to-date return of 13.4%, compared to the sectors average of 2.6%. The company is currently rated as a Strong Buy by Zacks, with its full-year earnings estimate increasing by 12.9% over the past 90 days, indicating a positive earnings outlook. Byrna is part of the Technology Services industry, which has also seen gains this year. The article suggests that investors should keep an eye on Byrna Technologies and Allot Communications, another strong performer in the sector.
Allot Announces Launch of Underwritten Public Offering of Ordinary Shares
Allot Ltd., a global provider of network intelligence and security solutions, announced a proposed public offering of its ordinary shares. The proceeds will be used to repay $31.41 million of a convertible promissory note issued to its largest shareholder, Lynrock Lake Master Fund LP, with the remaining balance for general corporate purposes. Lynrock has agreed to convert the remaining $8.59 million of the note into ordinary shares and will enter a 75-day lock-up agreement. The offering includes a 30-day option for underwriters to purchase an additional 15% of shares. TD Cowen, William Blair, and Needham & Company are managing the offering. The public offering is made under an effective shelf registration statement filed with the SEC.
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Is Now An Opportune Moment To Examine Allot Ltd. (NASDAQ:ALLT)?
Allot Ltd. (NASDAQ:ALLT) has recently experienced a significant increase in its stock price, nearing its yearly highs. Despite being a small-cap stock with limited analyst coverage, the company is currently overvalued by about 24%, trading at $8.70 compared to an intrinsic value of $7.00. This suggests that the opportunity to buy at a good price has passed. However, with a high beta indicating potential price volatility, there may be future opportunities to buy at a lower price. The companys profit is expected to grow by 59% over the next year, indicating a positive outlook and potential for higher cash flow and share valuation.
Allot Communications (ALLT) Is a Great Choice for 'Trend' Investors, Here's Why
The article discusses the potential of ALLT, an internet protocol services company, as a solid choice for trend investing. The stock has shown a significant price increase of 54% over the past 12 weeks and a 2.6% increase in the last four weeks, indicating a strong upward trend. ALLT is trading at 90% of its 52-week high-low range, suggesting a possible breakout. The company holds a Zacks Rank #1 (Strong Buy), placing it in the top 5% of stocks based on earnings estimate revisions and EPS surprises. This ranking system has a proven track record of identifying high-performing stocks.
Is Byrna Technologies (BYRN) Outperforming Other Business Services Stocks This Year?
Byrna Technologies Inc. (BYRN), a company in the Business Services sector, is outperforming its peers with a year-to-date return of 8.8%, compared to the sectors average of 0.2%. The company has a Zacks Rank of #2 (Buy), indicating a positive earnings outlook. The Zacks Consensus Estimate for Byrnas full-year earnings has increased by 12.9% over the past quarter, reflecting strong analyst sentiment. Byrna is part of the Technology Services industry, which has gained about 8.2% this year. Investors are advised to keep an eye on Byrna Technologies and Allot Communications, another strong performer in the sector.
Here's Why Momentum in Allot Communications (ALLT) Should Keep going
The article discusses the positive stock performance of ALLT, an internet protocol services company, which has shown a solid price increase over the past 12 weeks, gaining 34.5%. The stock is trading at 80.1% of its 52-week high-low range, indicating potential for a breakout. ALLT carries a Zacks Rank #1 (Strong Buy), placing it in the top 5% of over 4,000 stocks ranked by earnings estimate revisions and EPS surprises. This rank suggests a strong potential for continued positive price movement, making it an attractive option for trend investors.
Is Allot (ALLT) Stock Outpacing Its Business Services Peers This Year?
Allot Communications, a member of the Business Services group, has shown strong stock performance this year, outperforming its sector peers. The company holds a Zacks Rank of #1 (Strong Buy), indicating a positive earnings outlook. Over the past 90 days, the Zacks Consensus Estimate for Allots full-year earnings has increased by 121.4%, reflecting improved analyst sentiment. Year-to-date, Allot has returned approximately 27.9%, significantly outperforming the average 3.5% gain of Business Services stocks. The article also mentions Limbach, another strong performer in the sector, with a 48.5% year-to-date return. Investors are advised to monitor both companies for continued solid performance.
Allot Communications (ALLT) Is Up 30.28% in One Week: What You Should Know
The article discusses Allot Communications (ALLT), highlighting its strong performance in the stock market. The company holds a Momentum Style Score of A and a Zacks Rank of #1 (Strong Buy), indicating a positive outlook for its stock. Over the past week, Allots shares have increased by 30.28%, outperforming the Zacks Technology Services industry, which rose by 2.61%. Additionally, the companys shares have shown significant growth over the past year, with a 247.49% increase compared to the S&P 500s 11.12% rise. The article suggests that Allot Communications is a promising momentum pick for investors.
Allot Communications (ALLT) Upgraded to Strong Buy: Here's What You Should Know
Allot Communications has been upgraded to a Zacks Rank #1 (Strong Buy), indicating a positive outlook on its earnings estimates. This upgrade reflects an upward trend in earnings estimates, which is a significant factor influencing stock prices. The Zacks rating system, known for its impressive track record, uses earnings estimate revisions to classify stocks, and a Rank #1 suggests strong buy potential. The upgrade implies an improvement in Allots business, potentially leading to increased stock prices as institutional investors adjust their valuation models based on the revised earnings estimates.
While institutions own 32% of Allot Ltd. (NASDAQ:ALLT), individual investors are its largest shareholders with 36% ownership
The article discusses the ownership structure of Allot Ltd., highlighting that individual investors hold the largest share at 36%, followed by institutions at 32%, and hedge funds at 31%. The largest shareholder is Lynrock Lake LP with 22% ownership, while Kanen Wealth Management LLC and QVT Financial LP hold 9.4% and 9.3%, respectively. The top seven shareholders own over 52% of the company, indicating significant influence over key decisions. The presence of institutional investors suggests credibility, although it also poses risks if large investors decide to sell simultaneously. The article implies a positive outlook for Allot, as institutional and hedge fund involvement often indicates potential for growth.
Allot Ltd (ALLT) Q1 2025 Earnings Call Highlights: A Return to Growth with Strategic Partnerships
Allot Ltd reported a 6% year-over-year increase in first-quarter revenues, driven by its Security as a Service Solution, CIA, which saw a 55% increase. The company achieved a non-GAAP net income of $0.8 million and positive operating cash flow of $1.7 million, raising its cash position to over $60 million. A significant expansion of its partnership with Verizon Business presents a substantial growth opportunity. Despite positive results, the company faces uncertainties due to reliance on service providers marketing efforts and the competitive nature of the industry. The transition of Vodafones partnership to a CCAS revenue structure is ongoing.
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/PRNewswire/ -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service...
Allot Ltd., a global provider of network intelligence and security solutions, reported a strong start to 2025 with significant growth in its Security as a Service (SECaaS) revenues, which increased by 49% year-over-year to $5.1 million. The company achieved a 6% increase in total revenues, reaching $23.2 million, and improved its non-GAAP operating profit to $0.4 million from a loss of $1.2 million the previous year. Allots CEO, Eyal Harari, highlighted new multi-million dollar agreements with customers and strong interest in their Tera III product. The company is well-positioned for continued growth, with Verizon Business launching a new mobile plan featuring Allots SECaaS service.
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Allot Announces First Quarter 2025 Financial Results
Allot Ltd., a leading provider of network intelligence and security solutions, reported strong financial results for Q1 2025, with a 6% year-over-year revenue increase to $23.2 million. The companys Security as a Service (SECaaS) revenues grew by 49% year-over-year, reaching $5.1 million. Allots CEO, Eyal Harari, highlighted new multi-million dollar agreements with customers and strong interest in their Tera III product. The company achieved a non-GAAP operating profit of $0.4 million, reversing a loss from the previous year, and generated a positive operating cash flow of $1.7 million. Allots partnership with Verizon Business, which launched a new mobile plan including Allots SECaaS service, underscores the companys growth trajectory.
Customers
Allot Communications: Q1 Earnings Snapshot
Allot Communications Ltd., an internet protocol services company based in Hod-Hasharon, Israel, reported a first-quarter loss of $332,000, equating to a loss of 1 cent per share. Adjusted earnings were 2 cents per share, with revenue reported at $23.2 million. Despite the financial loss, the companys shares have increased by nearly 7% since the start of the year and have almost tripled over the past 12 months. The data for this report was sourced from Zacks Investment Research and processed by Automated Insights.
‘The Growth Story Is Just Beginning’: Top Analyst Suggests 2 Tech Stocks to Buy
The article discusses the impact of President Trumps tariff policy on the stock market, highlighting investor concerns about international commerce and supply chains. However, it also notes potential positive developments, such as upcoming US-UK trade deals and US-China trade talks. In this context, analysts are identifying potential growth opportunities, with Allot, Ltd. being highlighted as a promising tech company. Allot provides security and network intelligence solutions globally, targeting consumers and small to mid-sized businesses. The companys platforms are widely deployed by over 1,000 enterprise customers and 500 service providers, offering a subscription-based, zero-touch security approach.
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Is Allot Ltd. (ALLT) the Best Cybersecurity Stock to Invest in Under $20?
The article discusses the position of Allot Ltd. in the cybersecurity sector, highlighting the industrys growth potential driven by increasing cyber threats and advancements in AI and IoT technologies. The global cybersecurity market is projected to grow significantly, with North America leading the charge due to increased digital adoption. The article also touches on the challenges posed by tariffs on technology imports and the rising costs associated with data breaches. Despite these challenges, the sector remains ripe for innovation and investment, with a focus on securing AI systems and addressing new attack surfaces introduced by generative AI and third-party integrations.
Allot to Release First Quarter 2025 Results and Host Conference Call on May 12, 2025
Allot Ltd., a global provider of security-as-a-service and network intelligence solutions, announced it will host a conference call to discuss its first quarter 2025 financial results on May 12, 2025. The company provides cybersecurity solutions and network intelligence to over 500 service providers and 1000 enterprises worldwide. The conference call will be accessible via phone and webcast, with the webcast archived on Allots website. This announcement indicates a positive outlook for the company as it continues to expand its services globally.
Are Business Services Stocks Lagging Allot (ALLT) This Year?
Allot Communications (ALLT), a company in the Business Services sector, is currently outperforming its peers with a year-to-date return of 1.7%, compared to the sectors average of -3.4%. The company holds a Zacks Rank of #1 (Strong Buy), with its full-year earnings estimate increasing by 57.1% over the past quarter. This indicates a positive earnings outlook and improving analyst sentiment. Allot Communications is part of the Technology Services industry, which has seen an average decline of 16.7% this year, further highlighting ALLTs strong performance. Investors are advised to keep an eye on Allot Communications and other strong performers in the sector.
Allot Launches New Off-network Cybersecurity Solution, Part of its 360-degree Protection Platform
Allot Ltd., a global provider of security-as-a-service and network intelligence solutions, has launched its new OffNetSecure solution. This product extends the Allot Secure cybersecurity platform, offering protection against cyber threats for telecom customers when they are not connected to their providers network. The solution is designed to be hassle-free, requiring no downloads or updates from end customers, and can be integrated into existing apps on Android and Apple devices. By providing a new revenue stream for telecom providers, OffNetSecure enhances customer engagement and protection, addressing a previously unprotected area. The product will be showcased at the RSA Conference in San Francisco.
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Qifu Technology, Inc. (QFIN) Moves 6.2% Higher: Will This Strength Last?
Qifu Technology, Inc. (QFIN) experienced a 6.2% increase in its stock price, closing at $38.63, driven by a decline in the delinquency rate and an increase in loan facilitation and origination volume. The company is expected to post quarterly earnings of $1.72 per share, a 68.6% year-over-year increase, with revenues projected at $615.6 million, up 7% from the previous year. The positive trend in earnings estimate revisions, which have increased by 31% over the last 30 days, suggests potential further stock price appreciation. Qifu Technology holds a Zacks Rank #1 (Strong Buy), indicating strong growth prospects.
Allot Communications (ALLT) Upgraded to Strong Buy: Here's Why
Allot Communications has been upgraded to a Zacks Rank #1 (Strong Buy), indicating a positive outlook on its earnings estimates. This upgrade is based on an upward trend in earnings estimates, which is a significant factor influencing stock prices. The Zacks rating system, which relies on changes in a companys earnings picture, suggests that Allot Communications is experiencing an improvement in its underlying business. This positive change is expected to attract buying pressure from investors, potentially increasing the stock price. The influence of institutional investors, who adjust their valuation models based on earnings estimates, also contributes to this potential price movement. Overall, the Zacks Rank upgrade reflects a growth-positive impact on Allot Communications.
Allot to Present at the LD Micro Invitational XV Conference on April 10, 2025
Allot Ltd., a global provider of security-as-a-service and network intelligence solutions, announced its participation in the 15th Annual LD Micro Invitational investor conference in New York on April 9th and 10th, 2025. CEO Eyal Harari will present to investors on April 10th, and the company will be available for one-on-one meetings. Allots solutions are widely deployed by over 500 service providers and 1000 enterprises globally, offering network-native cybersecurity services and analytics. The article highlights the companys growth potential and engagement with investors, positioning it positively in the market.
Allot Full Year 2024 Earnings: US$0.15 loss per share (vs US$1.66 loss in FY 2023)
Allot reported a revenue of US$92.2 million, a slight decrease of 1% from the previous fiscal year. The company managed to narrow its net loss by 91% to US$5.87 million, with a loss per share improving from US$1.66 to US$0.15. The Europe segment was a significant contributor, accounting for 38% of total revenue. Despite these improvements, the companys shares have declined by 7.3% over the past week. Looking forward, Allots revenue is expected to grow at an average rate of 7.1% annually over the next three years, which is below the 12% growth forecast for the US Software industry.
Allot Ltd. (ALLT) Helps Rakuten Mobile with AI-Powered Network Protection
The article discusses the impact of new AI export regulations introduced by the US, which could affect global AI development. The AI diffusion rule, effective May 15th, aims to keep AI development concentrated in the US and its allies. This policy could disrupt global infrastructure development and pose challenges for tech companies expanding internationally. Nvidias CEO and Microsofts president have expressed concerns about these regulations. The article also highlights Allot Ltd.s role in providing AI-powered network protection to Rakuten Mobile, showcasing its cybersecurity and network intelligence solutions.
Allot Files Annual Report on Form 20-F for the Year Ended December 31, 2024
Allot Ltd., a global provider of network intelligence and security solutions, has filed its annual report on Form 20-F for the fiscal year ending December 31, 2024, with the U.S. Securities and Exchange Commission. The report, which includes audited financial statements, is accessible on the SECs website and Allots investor relations site. The company offers cybersecurity solutions and network intelligence services to over 500 service providers and 1,000 enterprises worldwide. The announcement highlights the companys commitment to transparency and its role in enhancing value for its customers through innovative solutions.
/PRNewswire/ -- Allot Ltd. (Nasdaq: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service...
Allot Ltd., a global provider of network intelligence and security solutions, has filed its annual report on Form 20-F for the fiscal year ending December 31, 2024, with the U.S. Securities and Exchange Commission. The report, which includes audited financial statements, is available on the SECs website and Allots investor relations website. Allot offers cybersecurity solutions and network intelligence services to over 500 service providers and 1,000 enterprises worldwide. The companys solutions are used globally for network-native cybersecurity services, analytics, and traffic control. The filing of the annual report is a routine disclosure that provides transparency to shareholders and potential investors.
Allot Deploys its Cloud-Native Network Protection and Deep Network Intelligence Solutions with Rakuten Mobile
Allot Ltd., a global provider of security-as-a-service and network intelligence solutions, has partnered with Rakuten Mobile to deploy its Network Protection and Deep Network Intelligence solutions. These solutions are part of Rakuten Mobiles transition from a Network Functions Virtualization architecture to a cloud-native platform. The deployment is fully containerized and integrated into Rakutens commercial network. Allots solutions utilize machine learning and AI to enhance network security by detecting and blocking attacks. This partnership highlights Allots capability to support advanced cloud-native deployments, marking a significant growth opportunity for the company.
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Is Allot (ALLT) Stock Outpacing Its Business Services Peers This Year?
Allot Communications, a company in the Business Services sector, is currently outperforming its peers. With a Zacks Rank of #2 (Buy), the companys full-year earnings estimate has increased by 57.1% in the past quarter, indicating strong analyst sentiment and an improving earnings outlook. Year-to-date, Allot Communications has gained approximately 5.9%, while the average for stocks in the Business Services sector is a loss of about 0.1%. The company is part of the Technology Services industry, which has seen a 28% decline this year, further highlighting Allots relative success. Investors are advised to keep an eye on Allot Communications and Dave Inc., another strong performer in the sector.
The 15% return this week takes Allot's (NASDAQ:ALLT) shareholders one-year gains to 169%
Allot Ltd. has experienced a significant increase in its share price, rising by 169% over the past year, despite a recent 22% drop in the last month. The company is not currently profitable, and its revenue shrank by 1.0% last year. However, the market seems to have anticipated this revenue drop, and investors have pushed up the share price. The companys market cap increased by US$28 million in the past week. The article suggests that the recent share price performance may indicate a positive inflection point for the business, despite its long-term annualized TSR loss of 4% per year over five years.
Here's Why Allot Communications (ALLT) Looks Ripe for Bottom Fishing
Allot Communications (ALLT) has experienced a downtrend, with its stock losing 11.5% over the past week. However, a hammer chart pattern formed in its last trading session suggests a potential trend reversal, indicating that the stock may have found support. This pattern, combined with strong agreement among Wall Street analysts in raising earnings estimates for the company, enhances the prospects of a bullish trend reversal. The hammer pattern is a technical indicator that signals a potential bottoming out of a downtrend, suggesting that the bears may have lost control over the price. This, along with upward trends in earnings estimate revisions, points to a positive outlook for Allot Communications.
Allot to Present at the Roth Growth Conference on March 17, 2025
Allot Ltd., a leading provider of network intelligence and security solutions, announced its participation in the 37th Annual Roth Conference from March 16-18, 2025. The companys CEO, Eyal Harari, will meet with investors to discuss Allots innovative cybersecurity solutions and network intelligence services. Allots solutions are widely deployed by over 500 service providers and 1000 enterprises globally, serving millions of subscribers. The company aims to enhance value for its customers through its network-native security-as-a-service platform. The article also highlights potential risks and uncertainties that could affect Allots future performance, such as competition, customer loss, and technological advancements.
Zacks.com featured highlights include Geely Automobile, Sterling, Allot and Kingstone
The article discusses the importance of cash flow for companies, especially in times of economic uncertainty. It highlights Geely Automobile Holdings Ltd. as a stock worth buying due to its positive cash flow, which indicates financial health and potential for growth. The company is involved in automobile manufacturing and related areas, with a fully integrated auto ecosystem. Positive cash flow is emphasized as a sign of management efficiency and reduced dependency on external financing, making Geely a promising investment.
Allot Communications (ALLT) Upgraded to Strong Buy: Here's What You Should Know
Allot Communications has recently been upgraded to a Zacks Rank #1 (Strong Buy), indicating a positive outlook for the companys earnings estimates. This upgrade is based on an upward trend in earnings estimates, which is a significant factor influencing stock prices. The Zacks rating system, which tracks the consensus of EPS estimates from sell-side analysts, reflects this positive change in the companys earnings potential. The upgrade suggests an improvement in Allot Communications underlying business, which could lead to increased buying pressure and a rise in its stock price. The correlation between earnings estimate revisions and stock price movements highlights the importance of tracking such changes for investment decisions.
4 Stocks With Increasing Cash Flows to Enrich Your Portfolio
The article discusses the importance of cash flow for companies to ensure growth and stability, especially in uncertain economic times. It highlights four companies, including Geely Automobile Holdings Limited, Sterling Infrastructure, Inc., Allot Ltd., and Kingstone Companies, Inc., as examples of firms with positive cash flow trends. These companies have been identified using specific financial metrics such as Zacks Rank, broker ratings, and VGM scores. Geely is noted for its significant year-over-year earnings growth, while Sterling, Allot, and Kingstone also show promising financial performance. The article emphasizes the need for companies to maintain increasing cash flow to reduce dependency on external financing.
Allot Ltd (ALLT) Q4 2024 Earnings Call Highlights: A Turnaround with Strong Revenue Growth and ...
Allot Ltd reported a strong financial performance for the fourth quarter and full year 2024, marking a significant turnaround. The companys revenues increased, driven by its Security as a Service solution, which grew by 56% year-over-year. Gross margins improved to around 70%, and the company returned to profitability with a non-GAAP net income of $5.6 million, compared to a loss of $53 million the previous year. Despite a 55% decline in product revenue, the company generated positive cash flow and ended the year with a cash position of $59 million. The growth was primarily driven by the expansion of the existing customer base and new service launches with customers like Vodafone, MO, and O2.
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Allot Communications: Q4 Earnings Snapshot
Allot Communications Ltd., based in Hod-Hasharon, Israel, reported a fourth-quarter net income of $241,000, reversing a loss from the same period a year earlier. The company achieved a profit of 1 cent per share, or 5 cents per share when adjusted for stock option expenses and non-recurring costs. The internet protocol services company posted quarterly revenue of $24.9 million. For the full year, Allots loss narrowed to $5.9 million, or 15 cents per share, with annual revenue of $92.2 million. The companys shares have increased by 11% since the start of the year and have more than tripled over the past 12 months.
Allot Partnering with Verizon Business on Enhanced Cybersecurity Protection for Its Customers’ Mobile Devices
Allot Ltd., a global provider of security-as-a-service and network intelligence solutions, has announced its collaboration with Verizon Business to enhance Verizons mobile cybersecurity capabilities. The partnership involves Allots NetworkSecure offering, which provides network-based, clientless cybersecurity solutions to protect Verizon Business customers from various mobile threats such as malware, viruses, phishing, and ransomware. This collaboration aims to expand Verizons cybersecurity offerings, providing seamless and robust protection to its customers, particularly small and medium-sized businesses. The partnership is seen as a strategic move to enhance customer loyalty and expand market reach.
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Allot Announces Fourth Quarter 2024 Financial Results
Allot Ltd., a global provider of network intelligence and security solutions, reported strong financial results for Q4 and the full year of 2024. The company saw a 2% year-over-year increase in total revenues to $24.9 million, with Security as a Service (SECaaS) revenues growing 49% year-over-year. The SECaaS annual recurring revenue (ARR) reached $18.2 million, marking a 43% increase. The company achieved a non-GAAP gross margin of 69.7% and generated $4.1 million in positive operating cash flow. Allots CEO, Eyal Harari, highlighted the companys strategic focus on security and its successful partnerships with major telecom companies like Verizon Business, Vodafone, O2, and MEO, which are expected to drive long-term recurring revenue.
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Loss-Making Allot Ltd. (NASDAQ:ALLT) Expected To Breakeven In The Medium-Term
Allot Ltd., a company specializing in security and network intelligence solutions, is nearing a significant milestone as it approaches breakeven. The company, with a market cap of $284 million, has reduced its losses from $63 million to $24 million over the past year. Analysts predict that Allot will incur its final loss in 2026 and achieve profitability by 2027, with an anticipated annual growth rate of 62%. However, the companys high debt level, at 83% of equity, poses a risk. Despite this, the outlook remains positive as the company is expected to grow significantly in the coming years.
Allot to Release Fourth Quarter & Full Year 2024 Results and Host Conference Call on February 25, 2025
Allot Ltd., a global provider of network-native cybersecurity and network intelligence solutions, announced it will host a conference call to discuss its fourth quarter and full year 2024 financial results on February 25, 2025. The company provides innovative cybersecurity solutions and network intelligence for communication service providers and enterprises worldwide. Allots solutions are deployed by over 500 service providers and more than 1000 enterprises globally. The conference call will be accessible via phone and a live webcast on the Allot website, with an archived version available post-call.
Why Allot Ltd (ALLT) Is Skyrocketing So Far In 2025
The article discusses the performance of Allot Ltd (NASDAQ:ALLT) in the context of AI stocks in 2025. Despite a challenging environment due to DeepSeeks announcement, AI companies, including Allot Ltd, are optimistic about future growth. Allot Ltd reported its first non-GAAP operating profit in three years, with revenues growing to $23.2 million and SECaaS revenue rising by 69%. Analysts predict the company will break even by 2026 and achieve a profit by 2027. The stock has risen 35.2% year-to-date, with a price target suggesting further upside potential. The article highlights the interest of hedge funds in AI stocks and the potential for higher returns.
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A Look At The Intrinsic Value Of Allot Ltd. (NASDAQ:ALLT)
The article discusses the valuation of Allot Ltd. (NASDAQ:ALLT) using a two-stage Discounted Cash Flow (DCF) model. The current share price of US$8.58 suggests that Allot is potentially trading close to its fair value, which is estimated at US$8.12. The DCF model considers two stages of growth: an initial higher growth period followed by a steady growth period. The analysis involves estimating the companys future cash flows over the next ten years and discounting them to present value. The article highlights the importance of considering various valuation metrics and notes that the DCF model has its limitations.
Allot Communications (ALLT) Is Up 14.90% in One Week: What You Should Know
The article discusses Allot Communications (ALLT), highlighting its strong performance in momentum investing. The company holds a Momentum Style Score of B and a Zacks Rank of #2 (Buy), indicating a positive outlook. ALLTs shares have significantly outperformed the market, with a 14.9% increase over the past week and a 52.95% rise over the past month, compared to the industry average. Over the past quarter, shares have risen by 117.68%, and by 359.33% over the last year, far exceeding the S&P 500s performance. The article emphasizes the importance of short-term price activity and trading volume as indicators of momentum, noting ALLTs average 20-day trading volume of 1,007,522 shares.
Here's What Could Help Allot Communications (ALLT) Maintain Its Recent Price Strength
The article discusses the positive stock performance of ALLT, an internet protocol services company, which has shown a solid price increase over the past 12 weeks, gaining 98.8%. The stock is trading at 80.9% of its 52-week High-Low Range, indicating potential for a breakout. The company holds a Zacks Rank #2 (Buy), placing it in the top 20% of over 4,000 stocks ranked based on earnings estimate revisions and EPS surprises. This ranking suggests strong fundamentals and potential for continued upward momentum, making it an attractive option for trend investors.
Allot Communications (ALLT) Moves 5.2% Higher: Will This Strength Last?
Allot Communications (ALLT) experienced a 5.2% increase in its stock price, closing at $7.87, driven by higher trading volume and the robust growth of its Concrete Waste Management business. The company is expected to achieve break-even quarterly earnings per share, marking a 100% year-over-year change, with projected revenues of $24.4 million, a slight increase from the previous year. Despite no changes in the consensus EPS estimate over the last 30 days, the stocks performance is positively influenced by its market share expansion and enhanced pricing capabilities. Allot Communications holds a Zacks Rank #2 (Buy), indicating a favorable outlook compared to Cipher Mining Inc., which has a Zacks Rank of #5 (Strong Sell).
Is Allot (ALLT) Outperforming Other Business Services Stocks This Year?
Allot Communications, a member of the Business Services sector, has shown a strong year-to-date performance, outperforming the sector average with a 25.7% increase compared to the sectors 17.1%. The company holds a Zacks Rank of #2 (Buy), indicating a positive earnings outlook. The Zacks Consensus Estimate for Allots full-year earnings has increased by 22.2% in the past quarter, reflecting improving analyst sentiment. Despite slightly underperforming its Technology Services industry, which gained an average of 46.7% this year, Allots performance remains notable. Another company, OppFi Inc., also outperformed the sector with a 21.3% increase and holds a Zacks Rank #1 (Strong Buy). Investors should continue to monitor Allot Communications and OppFi Inc. for potential sustained performance.
O2 Czech Republic Launches Allot Solution to Offer Consumer Cybersecurity Services
Allot Ltd., a global provider of network intelligence and security solutions, has partnered with O2 Czech Republic, a subsidiary of the PPF Group, to launch Allot DNS Secure. This service enhances cybersecurity protection for O2s mobile and fixed broadband customers. The partnership is part of a broader agreement with PPF Group to supply cybersecurity solutions to its telecom subsidiaries. Allot will receive a recurring monthly fee for its services. The launch marks the fifth PPF Group operator to adopt Allots security services, highlighting the growing demand for scalable, network-native security solutions. The service also includes parental controls for content management.
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All You Need to Know About Allot Communications (ALLT) Rating Upgrade to Strong Buy
Allot Communications has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting a positive trend in its earnings estimates. This upgrade is expected to lead to increased buying pressure and a rise in the companys stock price. The Zacks rating system, which focuses on changes in earnings estimates, is a valuable tool for investors, as it has a strong track record of predicting stock price movements. The upgrade indicates an improvement in Allot Communications underlying business, which is likely to be appreciated by investors, potentially driving the stock higher.
Allot to Present at the Needham Growth Conference on January 15, 2025
Allot Ltd., a leading provider of network intelligence and security solutions, announced its participation in the Needham Growth Conference in New York on January 15, 2025. The companys CEO, Eyal Harari, will present and engage with investors, highlighting Allots innovative solutions for service providers and enterprises. Allots platforms are widely deployed globally, serving over 500 service providers and 1,000 enterprises. The company emphasizes its network-based security services, which are used by millions of subscribers. The announcement is part of Allots efforts to enhance its market presence and investor relations. The company also addresses potential risks and uncertainties in its forward-looking statements.
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What Does Allot Ltd.'s (NASDAQ:ALLT) Share Price Indicate?
Allot Ltd. has experienced a significant share price increase of 113% on the NASDAQGS over the past couple of months, bringing it closer to its yearly peak. Despite this rise, the company is still considered undervalued, with its intrinsic value estimated at $7.81 compared to the current trading price of $5.95. This presents a potential buying opportunity for investors, especially given the companys high growth prospects, with profits expected to grow by 89% over the next few years. The article suggests that the optimistic outlook for Allot has not yet been fully reflected in its share price, making it an attractive option for both current shareholders and potential investors.
Allot Communications (ALLT) Surges 8.5%: Is This an Indication of Further Gains?
Allot Communications (ALLT) experienced an 8.5% increase in its stock price, closing at $5.92, driven by strong trading volume. This rise is attributed to the companys expanding customer base and the growing adoption of its security solutions. The company is expected to report break-even quarterly earnings per share, marking a 100% year-over-year improvement, with revenues projected at $24.4 million, a slight increase from the previous year. The stocks performance is linked to trends in earnings estimate revisions, which have remained stable over the past month. Allot Communications holds a Zacks Rank #2 (Buy), indicating positive prospects. The article also mentions Byrna Technologies, another company in the same industry, which saw a 3.5% decline in its stock price.
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Has Allot (ALLT) Outpaced Other Business Services Stocks This Year?
Allot Communications, a company in the Business Services sector, is currently outperforming its peers with a year-to-date return of approximately 230.6%, compared to the sectors average of 23.4%. The company holds a Zacks Rank of #2 (Buy), indicating a positive earnings outlook, as the Zacks Consensus Estimate for its full-year earnings has increased by 25% in the past quarter. This performance is notable within the Technology Services industry, where the average stock gain is 58.8% this year. Another company in the Business Services sector, Cantaloupe, has also shown strong performance with a 31.7% increase year-to-date. Investors are advised to monitor both Allot Communications and Cantaloupe for continued solid performance.
Allot Ltd.'s (NASDAQ:ALLT) largest shareholders are individual investors who were rewarded as market cap surged US$22m last week
The article discusses the ownership structure of Allot Ltd., highlighting that individual investors hold a significant 41% stake in the company, giving them substantial influence over management and governance decisions. The companys market capitalization increased by $22 million recently, benefiting these investors. Institutional investors hold 28% of the shares, while hedge funds own 30%, with Lynrock Lake LP being the largest shareholder at 23%. The article suggests that the interests of larger shareholders are somewhat balanced by smaller ones. Despite limited analyst coverage, there is potential for increased attention to the stock.
Asahi Net is the First to Adopt the Allot SG-Tera III Multiservice Platform
Allot Ltd., a global provider of network intelligence and security solutions, has announced a new agreement with Asahi Net, a broadband provider in Japan. Asahi Net will be the first to adopt Allots newly launched SG-Tera III multiservice platform, which offers the highest capacity on the market with 2.8 Tbps of traffic throughput. This partnership aims to enhance Asahi Nets bandwidth management and improve the Quality of Experience for its VNO and broadband customers. The collaboration marks a continuation of the successful relationship between the two companies, which began with the implementation of the SG-Tera II in 2021.
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Are Business Services Stocks Lagging Allot (ALLT) This Year?
The article discusses the performance of Allot Communications (ALLT) within the Business Services sector. Allot Communications has shown a significant year-to-date return of 187.9%, outperforming its sectors average return of 23.9%. The company holds a Zacks Rank of #2 (Buy), indicating a positive earnings outlook and improving analyst sentiment. The Zacks Consensus Estimate for Allots full-year earnings has increased by 25% over the past three months. The article also mentions Limbach (LMB), another company in the Business Services sector, which has also performed well with a year-to-date return of 106.1%. Investors are encouraged to keep an eye on both companies for continued solid performance.
Are You Looking for a Top Momentum Pick? Why Allot Communications (ALLT) is a Great Choice
The article discusses the momentum investing strategy, focusing on Allot Communications (ALLT), which currently holds a Momentum Style Score of A and a Zacks Rank of #2 (Buy). The company has shown significant price increases, with shares up 3.31% over the past week and 30.7% over the past month, outperforming its industry peers. Over the past quarter, shares have increased by 59.72%, and over the past year, they have gained 251.51%, compared to the S&P 500s 7.45% and 33.18% gains, respectively. The article highlights the potential for profitable trades by following stock trends and emphasizes the importance of momentum style elements in evaluating stock performance.
Allot Announces its New Service Gateway Tera III for Top Tier Telecom Operators
Allot Ltd., a global provider of network intelligence and security solutions, announced the development of the Allot Service Gateway (SG) Tera III, the highest capacity multiservice platform in the telecommunications market. With a capacity of 2.8 Tbps, the SG-Tera III is designed to meet the demands of the largest communication service providers (CSPs) by offering superior Quality of Experience (QoE) and security services. This new platform supports advanced use cases such as M2M communication, massive IoT, and Fixed-Mobile Convergence, enabling Tier-1 operators to efficiently manage traffic growth driven by 5G and new fiber deployments. The SG-Tera III ensures a smooth upgrade path from previous platforms, enhancing Allots position in the market.
Has Limbach (LMB) Outpaced Other Business Services Stocks This Year?
The article discusses the strong performance of Limbach (LMB) within the Business Services sector, highlighting its impressive year-to-date return of approximately 125.7%, which surpasses the sectors average gain of 24.8%. Limbach is ranked #1 (Strong Buy) by Zacks, with a positive earnings outlook as the consensus estimate for its full-year earnings has increased by 7% in the past quarter. The article also mentions Allot Communications (ALLT), another strong performer in the sector, with a year-to-date return of 156.4% and a Zacks Rank #2 (Buy). The article emphasizes the importance of monitoring these companies for continued strong performance.
Aclaris Therapeutics And 2 Other US Penny Stocks To Watch
Aclaris Therapeutics, Inc., a clinical-stage biopharmaceutical company, has secured an exclusive license agreement with Biosion, Inc. for promising antibody therapies, potentially enhancing its pipeline in immune-inflammatory diseases. Despite being unprofitable with declining revenues of US$4.35 million in the latest quarter, Aclaris has significantly reduced its net loss and maintains a solid cash position with no debt. The company has also bolstered its leadership team with experienced hires from major pharmaceutical firms, which may support future strategic initiatives. However, high share price volatility and projected earnings decline remain concerns for investors considering this penny stock.
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Allot Third Quarter 2024 Earnings: US$0.006 loss per share (vs US$0.32 loss in 3Q 2023)
Allot reported a revenue increase of 2.7% from the third quarter of 2023, reaching US$23.2 million. The company also narrowed its net loss by 98% to US$244,000, with a loss per share improving significantly from US$0.32 to US$0.006. The companys shares have risen by 3.6% over the past week. Looking forward, Allots revenue is expected to grow by 4.9% annually over the next three years, which is below the US software industrys forecasted growth rate of 12%. Despite the positive financial performance, the article notes that there is one warning sign for Allot that investors should be aware of. The analysis provided is based on historical data and analyst forecasts, and it is not intended as financial advice.
Allot Ltd (ALLT) Q3 2024 Earnings Call Highlights: A Return to Profitability and Strategic ...
Allot Ltd (NASDAQ:ALLT) has achieved its first non-GAAP operating net profit in three years, signaling a return to financial stability. The company reported positive operating cash flow and increased net cash levels for two consecutive quarters. Security as a Service revenues rose by 69% year over year, driven by top-tier customers and expanded security solutions. Allot is focusing on a unified business unit strategy to leverage its core strengths in security and network intelligence. Despite these positive developments, the company remains conservative in its guidance due to the unpredictability of non-recurring revenue and potential flat or declining operating profit. A strategic reorganization is underway, which may involve reducing headcount in specific areas. The company is transitioning to a more recurring revenue model to achieve stability.
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Allot Communications: Q3 Earnings Snapshot
Allot Communications Ltd., based in Hod-Hasharon, Israel, reported a financial loss of $244,000 for its third quarter. The company experienced a loss of 1 cent per share, although adjusted earnings were 3 cents per share. Despite the loss, the company posted a revenue of $23.2 million for the period. The companys stock has seen significant growth over the past year, closing at $3.61 compared to $1.42 a year ago. This report was generated using data from Zacks Investment Research.
/PRNewswire/ -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service...
Allot Ltd., a global provider of network intelligence and security solutions, reported its financial results for Q3 2024, marking its first non-GAAP operating profit in three years. The company achieved a revenue of $23.2 million, a 5% sequential and 3% year-over-year increase. Notably, its Security as a Service (SECaaS) revenues grew by 69% year-over-year, reaching $4.7 million. The company also reported a positive operating cash flow of $1.9 million. Allot expanded its customer base by launching new services with Vodafone and MEO, enhancing its recurring revenue potential. The management anticipates continued growth in SECaaS revenue and aims for long-term profitability by integrating its network intelligence and security offerings.
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Allot Announces Third Quarter 2024 Financial Results
Allot Ltd., a global provider of network intelligence and security solutions, reported its financial results for Q3 2024, marking its first non-GAAP operating profit in three years. The company achieved revenues of $23.2 million, a 5% sequential and 3% year-over-year increase, driven by strong growth in its Security as a Service (SECaaS) segment. SECaaS revenues rose 69% year-over-year to $4.7 million, with an ARR of $17.2 million. Allot also expanded its customer base by launching new services with Vodafone and MEO. The company expects to maintain breakeven non-GAAP operating profit and positive cash flow in Q4 2024, with a focus on long-term growth and profitability through an integrated security-first strategy.
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Allot Communications (ALLT) Tops Q3 Earnings and Revenue Estimates
Allot Communications reported a quarterly earnings surprise, posting $0.03 per share against the expected loss of $0.03, marking a 200% earnings surprise. This performance is a significant improvement from the previous years loss of $0.28 per share. The company also exceeded revenue expectations, reporting $23.24 million compared to the anticipated $22.64 million. Over the past year, Allot has consistently surpassed consensus EPS estimates three times. The companys stock has risen by 118.5% since the start of the year, outperforming the S&P 500s 23.6% gain. The future stock performance will depend on managements commentary and the trend in earnings estimate revisions. Currently, Allot holds a Zacks Rank #3 (Hold), indicating expected market-aligned performance.
Vodafone UK Launches Cyber Protection Services for Fixed Broadband Subscribers Powered by Allot Secure
Allot Ltd., a global provider of network intelligence and security solutions, has announced a partnership with Vodafone UK to launch Secure Net Home. This service extends next-generation threat protection and content control to Vodafone UKs fixed broadband customers using Allots HomeSecure solution. The collaboration aims to enhance customer satisfaction and confidence by providing comprehensive cybersecurity for home networks and connected devices. HomeSecure integrates seamlessly into existing home routers, offering zero-touch network visibility and cybersecurity without requiring consumer installation. This partnership highlights Allots commitment to delivering innovative security solutions and strengthens its relationship with Vodafone UK.
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Portugal’s MEO to Deploy Allot HomeSecure for Their Fixed Broadband Customers in Addition to Existing Mobile Cybersecurity Services Based on Allot NetworkSecure
Allot Ltd., a global provider of network intelligence and security solutions, has expanded its partnership with Portugals MEO to launch Casa Segura, a new cybersecurity service for fixed broadband customers. This service, based on Allots HomeSecure solution, complements the existing Net Segura service, providing a unified security experience for both fixed and mobile networks. The partnership involves a subscription-based business model, with Allot serving as a key partner for MEOs consumer security needs. The new service offers comprehensive protection against various cybersecurity threats and simplifies service management for MEO. This development marks a positive growth opportunity for Allot, enhancing its presence in the cybersecurity market.
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AirSculpt Technologies (AIRS) Moves 14.2% Higher: Will This Strength Last?
AirSculpt Technologies, Inc. (AIRS) experienced a 14.2% increase in its stock price, closing at $6.69, driven by a higher-than-average trading volume. This rise is attributed to the companys innovative, minimally invasive body contouring technology, which is gaining traction in the growing cosmetic market. Despite expectations of a 20% year-over-year decline in quarterly earnings per share and a 9% decrease in revenue to $42.6 million, the companys strong brand recognition and favorable industry trends make it appealing to growth-focused investors. The stock holds a Zacks Rank #3 (Hold), and its recent performance suggests potential for further growth. Investors are advised to monitor earnings estimate revisions closely, as they correlate strongly with stock price movements.
Allot to Release Third Quarter 2024 Earnings and Host Conference Call on November 19, 2024
Allot Ltd., a global provider of network intelligence and security solutions, announced it will host a conference call to discuss its third quarter 2024 financial results on November 19, 2024. The company, which offers services to over 500 service providers and 1000 enterprises worldwide, will release its unaudited financial results prior to the call. The call will be accessible via phone and a live webcast on the Allot website, with an archive available post-call. This announcement highlights Allots continued commitment to transparency and engagement with its stakeholders.
Adagene And 2 Other US Penny Stocks To Consider
The article discusses several penny stocks, focusing on Adagene Inc., Acacia Research Corporation, and Allot Ltd. Adagene Inc., a clinical-stage biotechnology company, is highlighted for its financial health despite being pre-revenue and facing increased losses. The company has a market cap of $115.55 million and a cash runway exceeding three years, but it struggles with high share price volatility and an inexperienced board. Acacia Research Corporation, with a market cap of $474.78 million, has shown revenue growth but faces a forecasted earnings decline. Allot Ltd., with a market cap of $133.56 million, reported decreased sales but improved its net loss. The article provides an overview of these companies financial positions and growth forecasts, emphasizing the potential and challenges within the penny stock market.
Allot (NASDAQ:ALLT) shareholders have endured a 80% loss from investing in the stock three years ago
Allot Ltd. has experienced a significant decline in its share price over the past three years, dropping by 80%. Despite a recent 13% gain in the last three months, the companys long-term performance remains concerning. The company has been unprofitable, with its revenue shrinking by 18% annually over the past three years, leading to a 22% annual decline in share price. However, there has been a recent improvement in total shareholder return, which increased by 43% over the past year. This could indicate a potential positive inflection point for the company, although the long-term outlook remains uncertain. The article emphasizes the importance of considering risks and other factors beyond share price when evaluating the companys performance.
/PRNewswire/ -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service...
Allot Ltd., a global provider of network intelligence and security solutions, announced its unaudited financial results for the second quarter of 2024. The company reported stable revenues of $22.2 million and a significant year-over-year improvement in operating loss, which declined by 84% on a GAAP basis. Security as a Service (SECaaS) revenues grew by 54% year-over-year, reaching $3.7 million. The company also achieved positive operating cash flow for the first time in three years. CEO Eyal Harari highlighted the companys progress in operational efficiency and customer acquisition, and expressed optimism about future growth driven by SECaaS. The financial outlook for the second half of 2024 includes expectations of breakeven non-GAAP operating profit and continued growth in SECaaS revenue.
Customers
Allot Communications (ALLT) Reports Q2 Loss, Lags Revenue Estimates
Allot Communications reported a quarterly loss of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.04. This marks a significant improvement compared to the loss of $0.49 per share a year ago. Despite missing the revenue estimate of $22.16 million by 0.61%, the company has surpassed consensus EPS estimates three times in the last four quarters. Allot Communications stock has risen by 110.9% since the beginning of the year, outperforming the S&P 500s gain of 17.8%. The companys future performance will depend on earnings outlook and estimate revisions. The Technology Services industry, to which Allot belongs, is currently ranked in the top 33% of Zacks industries.
Customers
Allot Announces Second Quarter 2024 Financial Results
Allot Ltd. announced its unaudited financial results for the second quarter of 2024. The company reported stable revenues of $22.2 million compared to the previous quarter, with a non-GAAP gross margin of 70.6%. Security as a Service (SECaaS) revenues grew by 54% year-over-year to $3.7 million. The company also achieved positive operating cash flow for the first time in three years, amounting to $1.2 million. Despite a 12% decline in total revenues compared to the same quarter in 2023, Allot significantly reduced its operating loss by 84% on a GAAP basis and 95% on a non-GAAP basis. CEO Eyal Harari highlighted the companys progress in operational efficiency and customer acquisition. The financial outlook for the second half of 2024 includes expectations of breakeven non-GAAP operating profit and continued growth in SECaaS revenues.
Customers
Allot Communications: Q2 Earnings Snapshot
Allot Communications Ltd., an internet protocol services company based in Hod-Hasharon, Israel, reported a loss of $3.4 million for its second quarter. The loss per share was 9 cents, or 2 cents when adjusted for stock option expense and amortization costs. The company posted revenue of $22.2 million for the period. Despite the loss, the companys shares closed at $3.48, up from $2.19 a year ago.
Allot Ltd.'s (NASDAQ:ALLT) Intrinsic Value Is Potentially 70% Above Its Share Price
Allot Ltd. is potentially undervalued by 41% with an estimated fair value of US$5.65, according to a valuation method that projects future cash flows and discounts them to todays value. The Discounted Cash Flow (DCF) model was used to estimate the attractiveness of Allot Ltd. as an investment opportunity. The DCF model suggests that compared to the current share price of US$3.3, the company appears quite good value at a 41% discount. However, the DCF calculation is only one of many factors that need to be assessed for a company.
Investment
Allot to Release Second Quarter 2024 Earnings and Host Conference Call on August 27, 2024
Allot Ltd., a global provider of network intelligence and security-as-a-service (SECaaS) solutions, announced it will host a conference call to discuss its second quarter 2024 results on August 27, 2024. The unaudited financial results will be published prior to the call. Allots solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more. The companys multi-service platforms are used by over 500 mobile, fixed and cloud service providers and over 1000 enterprises.
At US$3.10, Is Allot Ltd. (NASDAQ:ALLT) Worth Looking At Closely?
Allot Ltd. has seen a significant rise in share price by 52% in the past couple of months on the NASDAQGS. However, according to a valuation model, the stock is currently overvalued by about 20%, trading at US$3.10 compared to its intrinsic value of $2.58. The company is expected to deliver a relatively unexciting top-line growth of 1.6% over the next year. The market has well and truly priced in Allot’s future outlook, with shares trading above its fair value. The price has surpassed its true value, which means there’s no upside from mispricing.
Is Allot (ALLT) Outperforming Other Business Services Stocks This Year?
Allot Communications has been highlighted as a top-performing company within the Business Services sector, according to Zacks Investment Research. The companys stock has seen a year-to-date increase of 91.5%, significantly outperforming the average sector increase of 10.8%. The Zacks Consensus Estimate for Allots full-year earnings has also increased by 47.7% over the past three months, indicating a positive outlook for the company. Another company that has outperformed the sector is Cellebrite DI Ltd., with a year-to-date return of 51.9%.
Investment
Allot Ltd.'s (NASDAQ:ALLT) market cap surged US$14m last week, individual investors who have a lot riding on the company were rewarded
Allot Ltd. is largely controlled by individual investors who own around 43% of the company. The top 12 shareholders own 51% of the company, with 24% held by institutions. The largest shareholder is Lynrock Lake LP with 23% of shares outstanding. The second and third largest shareholders hold about 7.4% and 6.1% of the stock respectively. The companys insiders collectively own US$2.3m worth of the US$102m company. The general public, mostly comprising of individual investors, have a 43% ownership.
Investment
Are Business Services Stocks Lagging Allot (ALLT) This Year?
Allot Communications has been outperforming its peers in the Business Services sector, with a year-to-date return of 34.5% compared to the sector average of 6.9%. The companys full-year earnings outlook has also improved, with the Zacks Consensus Estimate moving 47.7% higher over the past 90 days. Allot Communications currently has a Zacks Rank of #2 (Buy). The article also mentions Barrett Business Services, another company in the Business Services sector, which has a year-to-date return of 15.6% and a Zacks Rank of #2.
Investment
Is Allot (ALLT) Stock Outpacing Its Business Services Peers This Year?
Allot Communications is outperforming its peers in the Business Services sector, with a year-to-date return of 29.7%, compared to the sectors average gain of 4.1%. The companys full-year earnings estimate has also increased by 47.7% in the past quarter, indicating improved analyst sentiment and a stronger earnings outlook. Allot Communications currently has a Zacks Rank of #2 (Buy), suggesting it could outperform the broader market in the next one to three months. Another Business Services stock, Maplebear, has also performed well this year with a year-to-date return of 28.4%.
Investment
Allot Communications (ALLT) Upgraded to Buy: What Does It Mean for the Stock?
Allot Communications has been upgraded to a Zacks Rank #2 (Buy), reflecting an upward trend in earnings estimates. The Zacks rating system tracks the consensus of EPS estimates from sell-side analysts covering the stock for the current and following years. The upgrade for Allot Communications reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. Over the past three months, the Zacks Consensus Estimate for the company has increased 47.7%.
Investment
Allot Communications (ALLT) Reports Q1 Loss, Tops Revenue Estimates
Allot Communications reported a quarterly loss of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.10. This is an improvement from a loss of $0.21 per share a year ago. The companys revenues for the quarter ending March 2024 were $21.89 million, surpassing the Zacks Consensus Estimate by 14.61% and the year-ago revenues of $21.13 million. Allot Communications shares have increased by about 41.8% since the start of the year. The companys future performance will depend on managements commentary on the earnings call and the earnings outlook.
Customers
Allot Appoints Liat Nahum as New Chief Financial Officer
Allot Ltd., a global provider of network intelligence and security solutions, has announced the appointment of Mrs. Liat Nahum as the new Chief Financial Officer. Nahum, who will join Allot on July 1st, 2024, brings significant financial and international management experience from leadership roles at publicly listed technology companies. Prior to joining Allot, Nahum served in financial leadership roles at Amdocs Ltd. and Taboola Inc.
Management Changes
Allot Announces First Quarter 2024 Financial Results
Allot Ltd., a global provider of network intelligence and security solutions, has announced its Q1 2024 financial results. The company reported revenues of $21.9 million, a 4% increase year-over-year. Gross margins improved by 8.1% to 69.0% on a GAAP basis and by 4.7% to 70.4% on a non-GAAP basis. SECaaS revenues were $3.4 million for Q1, up 51% year-over-year. The companys net loss was significantly reduced year over year. For the full year 2024, management expects non-GAAP operating profit and net cash flow breakeven and continued yearly double-digit growth of SECaaS revenues and ARR.
Investment
Allot to Release First Quarter 2024 Earnings and Host Conference Call on May 29, 2024
Allot Ltd., a global provider of network intelligence and security-as-a-service solutions, has announced it will host a conference call to discuss its first quarter 2024 results on May 29, 2024. The unaudited financial results will be published prior to the conference call. Allots solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more. They are used by over 500 mobile, fixed and cloud service providers and over 1000 enterprises.
Public Trading
Allot Announces the Appointment of Eyal Harari as Chief Executive Officer
Allot Ltd., a global provider of network intelligence and security solutions, has announced the appointment of Eyal Harari as its new CEO, effective May 6, 2024. Harari will replace Erez Antebi, who has agreed to assist during the transition period and continue to provide consulting services to the company. Prior to joining Allot, Harari served as CEO of Radcom Ltd., a NASDAQ listed company providing automated service assurance solutions for telecom operators. The company expressed its confidence in Hararis vast experience and management skills.
Management Changes
Shareholders in Allot (NASDAQ:ALLT) are in the red if they invested three years ago
Allot Ltd. has seen a 38% increase in its share price in the last quarter, however, this follows a significant decline of 88% over the past three years. The companys revenue has also dropped 13% per year over the same period. Despite the recent gains, the companys long-term performance indicates unresolved challenges. The article suggests that the company needs to grow its revenues to meet investor expectations.
CustomersInvestment
Allot Announces Chief Financial Officer Departure
Allot Ltd., a global provider of network intelligence and security solutions, announced that its CFO, Ziv Leitman, is leaving the company to join a startup in a different field. The company has begun a formal search for a new CFO. Leitman will continue in his role until June 30, 2024. The announcement also included a statement from Allots CEO, Erez Antebi, expressing gratitude for Leitmans contributions and wishing him success in his future endeavors.
Management Changes
Strength Seen in Spotify (SPOT): Can Its 8.2% Jump Turn into More Strength?
Spotifys shares increased by 8.2% in the last trading session, ending at $291.77. This increase is reportedly due to plans to raise the prices of its plans by $1-$2 per month in five markets, including the U.K., Pakistan, and Australia, by the end of April. The company is expected to post quarterly earnings of $0.70 per share, a year-over-year change of +156.5%, and revenues of $3.87 billion, up 18.6% from the previous year. Despite this, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Investment
Allot Ltd. (NASDAQ:ALLT) Shares Could Be 34% Above Their Intrinsic Value Estimate
The projected fair value for Allot Ltd. is US$1.69 based on a 2 Stage Free Cash Flow to Equity, suggesting that the company is potentially 34% overvalued. The valuation was done using the Discounted Cash Flow (DCF) model. The total value, or equity value, is US$63m. Relative to the current share price of US$2.3, the company appears reasonably expensive. The DCF model is not a perfect stock valuation tool and does not consider the possible cyclicality of an industry, or a companys future capital requirements.
Investment
Allot Wins Prestigious 2024 Frost & Sullivan Customer Value Leadership Award for CSP Security
Allot Ltd., a global provider of network intelligence and security solutions, has been recognized by Frost & Sullivan as the 2024 Customer Value Leader in the SOHO and consumer space for its contribution to CSP security. The award recognizes companies for outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Allots security suite was noted for its superior protection, ease of use, and simpler integration into customer applications and websites.
Customers
Is Now The Time To Look At Buying Allot Ltd. (NASDAQ:ALLT)?
Allot Ltd. has seen a significant share price rise of 49% in the past couple of months on the NASDAQGS. The stock is currently trading at US$1.91 on the share market, which means it is overvalued by 20% compared to its intrinsic value of $1.59. This suggests that the buying opportunity has probably disappeared for now. The company is expected to deliver a relatively unexciting top-line growth of 6.6% in the next few years. The price has surpassed its true value, which means there’s no upside from mispricing.
Allot Announces Fourth Quarter & Full Year 2023 Financial Results
Allot Ltd., a global provider of network intelligence and security solutions, has reported its Q4 and full-year 2023 financial results. The companys Q4 revenues were $24.3 million, and full-year revenues were $93.2 million. However, Allot reported a Q4 GAAP net loss of $18.3 million and a full-year net loss of $62.8 million. The companys SECaaS revenues were $3.2 million for Q4 and $10.6 million for FY 2023, up 41.5% and 48.4% YoY respectively. Looking ahead to 2024, the company expects to achieve non-GAAP operating profit and free cash flow breakeven and continued double-digit growth of SECaaS revenues and ARR.
Management Changes
Allot Communications (ALLT) Reports Q4 Loss, Tops Revenue Estimates
Allot Communications reported a quarterly loss of $0.43 per share, which is significantly higher than the Zacks Consensus Estimate of a loss of $0.14. This is also higher than the loss of $0.13 per share reported a year ago. Despite this, the companys revenues of $24.34 million for the quarter ended December 2023 surpassed the Zacks Consensus Estimate by 8.67%. This is however lower than the year-ago revenues of $33.03 million. The companys shares have increased by about 15.2% since the beginning of the year.
Customers
Allot Announces Preliminary FY 2023 Financial Results
Allot Ltd., a global provider of network intelligence and security solutions, has announced preliminary unaudited financial results for the year ended December 31, 2023. The company expects revenues and Total ARR to be within the guidance range provided earlier. However, it anticipates an increase of approximately $9 million in allowance for credit losses, mainly due to receivables from DISH Purchasing Corporation, a customer in the US. DISH alleges that the software provided by Allot failed to meet certain specifications and is demanding rectification. Allot refutes these allegations and plans to pursue its rights to obtain full payment.
Customers
We Think Shareholders May Want To Consider A Review Of Allot Ltd.'s (NASDAQ:ALLT) CEO Compensation Package
Allot Ltd. has been underperforming recently, with a three-year loss to shareholders of 87% and a decrease in earnings per share by 59% over the past three years. The companys CEO, Erez Antebi, has a total compensation of US$782k for the year to December 2022, a decrease of 10% from the previous year. This compensation is in line with the industry average. The companys Annual General Meeting is set to take place on December 13th, where shareholders will have the opportunity to hold the board and management accountable for the companys performance.
Management Changes
Allot Announces Q3 2023 Financial Results
Allot Ltd. announced its Q3 2023 financial results, reporting revenues of $22.6 million, a decrease of approximately 10% compared to the same period in 2022. The company also reported a GAAP operating loss of $12.7 million and a net loss of $12.4 million. The companys CEO, Erez Antebi, attributed the negative results to challenging macro-economic conditions and budget constraints of potential customers. The company also announced a cost reduction plan to reduce yearly operating expenses in 2024.
CustomersManagement Changes
Allot Communications (ALLT) Reports Q3 Loss, Tops Revenue Estimates
Allot Communications reported a quarterly loss of $0.28 per share, which is better than the Zacks Consensus Estimate of a loss of $0.35. The companys revenues for the quarter ending September 2023 were $22.64 million, surpassing the Zacks Consensus Estimate by 9.88%. However, this is lower than the year-ago revenues of $25.04 million. Despite surpassing estimates, the companys shares have lost about 50.9% since the beginning of the year. The future performance of the stock will depend on managements commentary on the earnings call and the companys earnings outlook.
Allot to Release Third Quarter 2023 Earnings on November 16, 2023 and Reschedules Conference Call to November 22, 2023
Allot Ltd., a global provider of network intelligence and security-as-a-service solutions, has announced the rescheduling of its conference call to discuss its Q3 2023 earnings results. The change was necessitated due to the diagnosis of COVID-19 for the companys CEO, Mr. Erez Antebi. The call has been moved to Wednesday, November 22, 2023. The unaudited financial results for the quarter will still be published before the market opens on Thursday, November 16, 2023.
Management Changes
Allot (NASDAQ:ALLT shareholders incur further losses as stock declines 14% this week, taking three-year losses to 84%
Allot Ltd. has seen a significant decline in its share price over the past three years, with an 84% drop. Over the past year alone, the share price fell by 62%, and its down 34% in about a quarter. The companys revenue has also shrunk by 4.0% per year over the last three years. This has led to serious concerns among investors about the companys performance and future prospects. The companys poor performance is in stark contrast to the overall market, which is up 16%.
Investment
Allot to Release Third Quarter 2023 Earnings and Host Conference Call on November 16, 2023
Allot Ltd., a global provider of network intelligence and security-as-a-service solutions, has announced it will host a conference call to discuss its third quarter 2023 results on November 16, 2023. The unaudited financial results will be published prior to the conference call. Allots solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more. The companys platforms are used by over 500 mobile, fixed and cloud service providers and over 1000 enterprises.
Allot Announces Appointment of David Reis as Chairman of the Board
Allot Ltd., a global provider of network intelligence and security solutions, has announced a change in its board leadership. The companys founder and current chairman, Yigal Jacoby, will step down from his position to focus on other opportunities, but will remain a director until the end of 2023. David Reis has been appointed as the new chairman, effective immediately. Reis has significant experience as a CEO and board member of public and private companies, and has served as a director of Stratasys for the past seven years.
Management Changes
MercadoLibre upgraded, PagerDuty downgraded: Wall Street's top analyst calls
MercadoLibre has been upgraded by New Street, with the analyst stating that the company remains a uniquely well-positioned asset in the e-commerce sector. The upgrade comes as MercadoLibres market share gains in Brazil have been significant, and the analyst believes there is more growth to come. Other companies that received upgrades include AppFolio, Aramark, Eos Energy, and Papa Johns. On the other hand, Dollar General, British American Tobacco, PagerDuty, Hersha Hospitality Trust, and Allot Ltd. were downgraded. Several companies also received initiations, including Confluent, Veeco, Ferguson, Builders FirstSource, and P3 Health Partners.
CustomersInvestment
Allot Announces Q2 2023 Financial Results and Cost Reduction Plan
Allot Ltd., a global provider of network intelligence and security solutions, has announced its financial results for Q2 2023. The company reported a GAAP operating loss of $21.5 million and a non-GAAP operating loss of $18.9 million. This includes a provision of $14.1 million for credit losses from two customers in Africa. The companys revenues were $25.0 million, a decrease of 24% compared to $32.8 million in Q2 2022. Looking ahead, the company expects full-year 2023 revenues of $95 million to $110 million. The company also plans to implement a cost reduction plan to reduce yearly expenses by approximately $15 million.
CustomersManagement Changes
Allot Communications (ALLT) Reports Q2 Loss, Lags Revenue Estimates
Allot Communications reported a quarterly loss per share that was worse than expected. The companys revenues also missed estimates. The stock has underperformed the market this year. The companys future performance will depend on managements commentary on the earnings call. The earnings estimate revisions for Allot Communications are mixed, resulting in a Zacks Rank #3 (Hold) for the stock. The industry outlook for Technology Services is positive. Another company in the same industry, DocuSign, is yet to report its quarterly results.
CustomersInvestment
Allot Presents an Award to Taiwan’s Far EasTone Telecommunications for Cybersecurity Leadership
Allot Ltd., a global provider of network intelligence and security-as-a-service solutions, has awarded Far EasTone Telecommunications with the Cybersecurity Leadership Award for excellence in cybersecurity leadership. The award recognizes the service provider’s leadership and strategic direction in the cybersecurity domain. Far EasTones Guardian Network service, launched in December 2022, has seen significant growth, blocking an average of 47 attacks per user per month. This achievement is a result of close collaboration between Far EasTone and Allot.
PartnersCustomers
Northland Capital Markets Institutional Investor Conference
Northland Capital Markets is hosting the Northland Capital Markets Institutional Investor Conference 2023 on September 19, 2023, in Minneapolis. Over 90 companies are expected to participate in the event, which will consist of one-on-one or small group meetings. Northland Capital Markets is a full-service, research-driven investment bank that focuses on growth companies and their institutional investors. The company provides in-depth research for leading small- and mid-cap companies in various sectors of the economy, including AI, Alternative & Renewable Energy, Business Services, Energy & Power, FinTech, Healthcare, Industrial Growth, and Technology.
CustomersPartners
Tier-1 Mobile Operator in Asia Chooses Allot DNS Secure to Offer Consumer Cybersecurity Services
Allot Ltd., a network intelligence and security-as-a-service solutions provider, has announced a partnership with a Tier-1 telecom operator in Asia. The operator, which has over 50 million customers, will use Allots DNS Secure to offer cybersecurity threat protection and parental control services to its mobile customers. Allot will receive a recurring monthly fee based on the number of actual users. The services will initially be offered to postpaid customers and then potentially to other high-value customers.
CustomersPartners
Allot Announces Preliminary Q2 2023 Financial Results
Allot Ltd., a global provider of network intelligence and security solutions, has announced its preliminary financial results for Q2 2023. The company expects revenues of approximately $25 million, with an operating loss of around $21.2 million. The loss includes an increase of approximately $14 million in allowance for credit losses, relating to past due receivables from sales in African countries. Allot also announced the formation of an Executive Committee to examine the companys overall strategy and identify opportunities for growth and margin performance. The company aims to be profitable in 2024.
Management Changes
Allot Service Gateway Delivers 2x Performance on Intel-based AWS C6in Instances Compared with C5n Instances
Allot Ltd. announced that testing of the Allot Service Gateway on AWS EC2 C6in instances delivered 2x more network bandwidth and 2x higher packet performance compared to previous C5n instances. This technology evaluation provides a significant bandwidth utilization benefit for high-performance AWS users. The tests showed maximal networking capacity utilization of the C6in instance, enabling Telco operators and network and security solution providers to double their networking capacity per EC2 cloud instance. The Allot Service Gateway platform, which was used for performance testing, is currently deployed in the AWS cloud with a major communication services provider. Allot plans to continue collaborating with AWS and Intel to enhance the networking performance of its cloud networking solutions.
Partners
The past three years for Allot (NASDAQ:ALLT) investors has not been profitable
Allot Ltd. (NASDAQ:ALLT) investors have experienced a decline in stock value of 74% over the past three years and 49% in the last year. The company has seen minimal revenue growth of 1.0% per year, which is not impressive considering its losses. The declining share price suggests that the market is disappointed with the companys growth. Allot shareholders have faced a total loss of 8% per year over the past five years. While market conditions can impact share prices, there are other factors to consider, such as investment risk. The article advises caution when considering investing in Allot.
Public Trading
Allot Communications (ALLT) Reports Q1 Loss, Tops Revenue Estimates
Allot Communications reported a quarterly loss of $0.21 per share, beating the Zacks Consensus Estimate. However, the companys revenues for the quarter ended March 2023 were lower than expected. The stock has underperformed the market this year. The companys earnings outlook is mixed, and it currently has a Zacks Rank #3 (Hold). The industry outlook for Technology Services is positive. Another company in the same industry, GDS Holdings, is yet to report its results. Allot Communications is expected to post a quarterly loss of $0.28 per share in its upcoming report.
CustomersInvestment
Allot Announces Q1 2023 Financial Results
Allot Ltd., a global provider of network intelligence and security solutions, has announced its Q1 2023 financial results. The company reported a decrease in total revenues from $31.9 million in Q1 2022 to $21.1 million in Q1 2023, a 34% decrease. The company also reported a GAAP operating loss of $11.9 million and a GAAP net loss of $11.4 million. Despite these losses, the company reiterated its financial expectations for full year 2023 revenues of $110 million to $120 million and expects to be profitable in 2024.
CustomersManagement Changes
Eastern European Telecom Group and Allot Partner to Launch Consumer Cybersecurity Services
Peraso (PRSO) Reports Q1 Loss, Tops Revenue Estimates
Peraso reported a quarterly loss of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.10. The companys revenues for the quarter surpassed estimates. However, Peraso shares have lost about 50.7% since the beginning of the year. The article discusses the companys earnings outlook and the impact of industry outlook on its performance. Allot Communications, a competitor in the same industry, is yet to report its results.
Investment
Tier-1 Fixed Broadband Operator, with Millions of Subscribers in Latin America, Selects Allot HomeSecure to Provide Cyber Protection Services
Allot Ltd. has announced a partnership with a Tier-1 fixed broadband provider in Latin America to offer cybersecurity, parental control, and IoT protection services to their consumer customers. The partnership will generate recurring revenues through monthly service fees. Allot HomeSecure, a member of the Allot Secure family, will provide security for devices connected to the home network, including smart appliances and IoT devices. The solution integrates into the existing home router and requires no effort from the customer. Allot aims to help service providers transform into secure broadband providers and protect families from cyber threats.
Partners
Allot to Release First Quarter 2023 Earnings and Host Conference Call on May 16, 2023
Allot Ltd.'s (NASDAQ:ALLT) Prospects Need A Boost To Lift Shares
In Only Three Months, Far EasTone's Guardian Network, Based on Allot NetworkSecure, Reaches Nearly 200,000 Subscribers
Allot Ltd. (NASDAQ:ALLT) Analysts Just Slashed This Year's Revenue Estimates By 16%
Allot Announces Fourth Quarter & Full Year 2022 Financial Results
Allot Communications (ALLT) Reports Q4 Loss, Tops Revenue Estimates
Allot to Release Fourth Quarter & Full Year 2022 Earnings and Host Conference Call on February 28, 2023
Is Allot (ALLT) Outperforming Other Business Services Stocks This Year?
With 47% ownership, Allot Ltd. (NASDAQ:ALLT) has piqued the interest of institutional investors
Taiwan's Far EasTone Telecommunications Launches Consumer Cybersecurity Services Based on Allot NetworkSecure
Allot Ltd. has announced that Far EasTone Telecommunications (FET) in Taiwan has launched cybersecurity threat protection and content control services for its mobile customers using Allots NetworkSecure solution. Allot is partnering with CommVerge for solution integration and support. FET and Allot will share recurring revenue earned from monthly service fees. The NetworkSecure platform offers network-based cybersecurity services, protecting customers from threats like malware and phishing. FET aims to differentiate its brand as a market leader in cybersecurity. Allot is pleased that FET has chosen their solution and sees it as a proven and easy-to-use solution that generates recurring revenue for CSPs.
PartnersCustomers
Taiwan’s Far EasTone Telecommunications Launches Consumer Cybersecurity Services Based on Allot NetworkSecure
Allot Ltd, a global provider of network intelligence and security-as-a-service solutions, has announced that Far EasTone Telecommunications (FET) in Taiwan has launched cybersecurity threat protection and comprehensive content control services for its mobile customers based on the Allot NetworkSecure solution. The deal was signed earlier this year and Allot is partnering with CommVerge for solution integration and on-going local support. FET and Allot will share recurring revenue earned from monthly service fees.
CustomersPartners
Allot Third Quarter 2022 Earnings: EPS Beats Expectations
Allot Board Nominates Cynthia L. Paul to Serve as a Director
Allot Ltd. has announced the nomination of Cynthia L. Paul to serve as a Director on its Board. Ms. Paul brings over 25 years of senior business and management experience, with a focus on the technology industry. She currently serves as Chief Investment Officer and Chief Executive Officer of Lynrock Lake LP. The nomination will be voted on at Allots upcoming Annual Meeting of Shareholders on December 14, 2022. If elected, Ms. Paul will begin her role on the Board as of that date.
Management Changes
Allot NetworkSecure Selected by Verizon to Provide Network-based Cybersecurity Protection to their SMB Customers
Verizon has selected Allot NetworkSecure to provide network-based cybersecurity protection to segments of the company’s wireless and fixed wireless Small and Medium Business (SMB) and IoT customers. Allot will be paid a monthly fee based on the number of customers receiving the service. The partnership with Verizon is a growth-positive development for Allot Ltd.
PartnersCustomers
Allot Communications (ALLT) Reports Q3 Loss, Tops Revenue Estimates
Allot and Vantiva Partner to Integrate Home and Small Business Cybersecurity Protection into Vantiva Broadband Gateways
Allot Ltd. has announced a new initiative to integrate its HomeSecure and BusinessSecure agents into broadband gateways deployed by Vantiva. This collaboration allows Allot to access a valuable footprint in Vantiva Home devices and engineering. The integration of Allots cybersecurity solutions into Vantiva CPEs will make them more accessible to service providers customers. The partnership is part of Vantivas HERO Partner Program, which aims to introduce innovative solutions to the service provider community. Allots participation in the program enables Vantiva to integrate a wide selection of security solutions into their CPE platforms.
Partners
Tier-1 Telecom Operator in Southeast Asia Selects Allot Secure to Protect Small and Medium-Sized Businesses from Cyber Threats
Allot Ltd. has announced that a tier-1 telecom operator in Southeast Asia has selected their Allot Secure solutions to provide cybersecurity protection to its Small and Medium-Sized Business (SMB) customers. The operator and Allot will share recurring revenues generated by monthly service fees. Allot Secure offers a unified user experience for on-net and off-net cybersecurity and content filtering. The operator will implement NetworkSecure and EndpointSecure solutions. NetworkSecure provides network-based cybersecurity protection, while EndpointSecure ensures user protection from cyberthreats and inappropriate content. This partnership allows the telecom operator to offer cybersecurity services to its SMB customers alongside its large corporate counterparts.
Customers
Allot and AWS to Enable Cloud-based 5G Network Intelligence and Cybersecurity Solutions
Allot Ltd. has announced a strategic collaboration agreement with Amazon Web Services (AWS) to enable communication service providers (CSPs) to deploy Allot cloud-native application workloads on AWS. This collaboration will enhance the ability of CSPs to leverage Allots suite of cloud-native applications on AWS, providing a consistent and scalable operating model for 5G cloud-based networks and services. Allot has already deployed a solution using the AWS cloud platform for a CSP customer in North America. As an AWS Independent Software Vendor (ISV), Allot will collaborate with AWS to build and certify Allot applications on AWS. The collaboration aims to revolutionize the telecom space by enabling secure cloud-based 5G network deployments.
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Mexican Broadband Provider Selects Allot Cybersecurity Solution to Protect Small Business and Home Office Customers from Cyberattacks
Allot Ltd. has announced that a Mexican broadband provider has chosen Allot BusinessSecure to provide cybersecurity and content control services to its SMB and SOHO customers. The solution will protect against cyber threats and provide content control policies without the need for device downloads. The cybersecurity services will generate recurring revenue to be shared between the provider and Allot. Allot BusinessSecure integrates into the existing business router and protects devices connected to the network. The solution also safeguards the router itself from security vulnerabilities. Allot aims to meet the increasing demand for cybersecurity solutions from CSPs.
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https://www.bakersfield.com/ap/news/japanese-broadband-provider-asahi-net-launches-allot-traffic-management-solution/article_0a508b21-9c67-5931-9e78-81b026bb0ca6.html
CSPs select Allot Secure Solutions to provide cybersecurity services to consumer and SMB customers VanillaPlus - The global voice of Telecoms IT
Allot Ltd. has announced that two fixed and mobile operators in APAC will offer cybersecurity services to their customers based on Allots Secure solutions. The CSPs and Allot will share recurring revenues generated by monthly service fees. The Allot Secure solutions provide network-based protection against various cyber attacks and also offer parental controls. This move is expected to contribute to the growth of Allot Ltd.
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אלוט תספק שירותי אבטחת סייבר ללקוחותיה של ספקית תקשורת באירופה
Elbit, a provider of network analysis and security solutions, announced that a European communication services provider has chosen their NetworkSecure and EndpointSecure solutions to provide cyber security and parental control services to its consumer customers. The two companies will share the monthly revenues from these services. NetworkSecure is a network-based cybersecurity platform that offers remote operation without the need for customer installation. It protects against cyber threats, including malicious software, viruses, phishing attempts, and spyware. Elbit reports that several service providers have achieved adoption rates of up to 50% for subscription services based on NetworkSecure. The communication services provider will complement NetworkSecure with the EndpointSecure solution to ensure customer protection even when they are outside the service providers network.
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Allot Announces Fourth Quarter & Full Year 2020 Financial Results
Allot Ltd., a global provider of network intelligence and security solutions, has announced its unaudited financial results for Q4 and full year 2020. The company reported Q4 revenues of $39.1 million, a 28% increase year-over-year, and full year revenues of $135.9 million, up 23% year-over-year. The companys gross margin on a non-GAAP basis increased to 71% in 2020, compared to 70% in 2019. Allots management expects 2021 revenues to grow to between $145-150 million.
Customers
Allot Secure Selected to Provide Cybersecurity Services to a Tier-1 European Mobile Provider with Over 10 Million Subscribers
Allot Ltd., a global provider of network intelligence and security solutions, has announced that a tier-1 mobile service provider in Europe has selected Allot Secure solutions to deliver comprehensive cybersecurity services to its customers. The service will generate recurring revenue shared between the service provider and Allot. Allot Secure offers a unified user experience for on-net and off-net cybersecurity, with NetworkSecure and EndpointSecure being implemented. NetworkSecure provides network-based protection against cybersecurity threats, while EndpointSecure ensures protection even when off the network. Allot Secure is the market leader in the network-based cybersecurity category, protecting over 20 million mobile users globally. The selection of Allot Secure will increase the service providers ARPU, brand loyalty, and generate new revenue.
Customers
Allot Introduces DNS Secure to Expand its Mass-market Security Portfolio
Allot Ltd. has signed an agreement with Open-Xchange to integrate OX PowerDNS technology into its cybersecurity solutions. The new solution, Allot DNS Secure, will join the Allot Secure family of cybersecurity solutions for communication service providers. DNS Secure provides protection against cyber threats and offers content filtering for fixed broadband subscribers. The integration of OX PowerDNS technology enhances Allots cybersecurity portfolio and allows the company to address the needs of CSPs that want to provide additional cyber protection measures to their customers. Allots network-based cybersecurity solution enables effortless user onboarding without the need for software downloads or installations.
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Allot Communications Ltd Equips Tier-1 Telecom Operator In APAC With Its HomeSecure Solution
Tier-1 Telco in APAC Selects Allot Congestion Management for Quality of Experience Improvement and CAPEX Savings
Allot Ltd., a global provider of network intelligence and security-as-a-service solutions, has announced that a Tier-1 telecommunications provider in APAC has selected their Allot Smart family of solutions to optimize network performance. The implementation is expected to reduce RAN CAPEX and improve quality of experience (QoE) by up to 30% in congested cells. The Allot Smart solutions, including Allot ClearSee, use deep packet inspection and machine learning AI to capture and analyze network data in real-time, providing actionable intelligence for congestion management. This partnership will allow the CSP to offer better QoE to their customers while reducing CAPEX.
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Spanish telecommunications operator Telefónica España expands use of its Allot's SMEs protection service
Allot Ltd. has announced that Telefónica España has extended its Conexión Segura service to protect small and medium-sized businesses in Spain. The service, powered by Allot, helps SMBs face the rising threat of cyber attacks. The expansion includes a new version of McAfee MultiAccess with privacy controls for up to 10 devices. Conexión Segura leverages Allots NetworkSecure to spot malicious sites and prevent attacks. The service prevented the download of one million computer viruses in March and April 2020. The expanded service will be available to all existing and new customers and managed by ElevenPaths, the cybersecurity company of Telefónica Tech.
Customers
אלוט הפכה את נתב ה-Wi-Fi לעמדת הגנת סייבר - Techtime - חדשות אלקטרוניקה והייטק
Israeli company Allot is quietly launching a new security system for small and medium-sized businesses, based on using the communication router as a point of cyber defense on the businesss communication infrastructure. The system is based on technology developed by Netonomy for the protection of home users. Allot operates with telecommunications companies that provide service to end customers. The company employs about 700 workers, about 40 in Tel Aviv, and focuses on providing security solutions to telecommunications companies.
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Allot Launches BusinessSecure, a New Solution for Telcos to Protect Their Business Customers from Cyberattacks
Allot Ltd. has launched Allot BusinessSecure, a new solution that helps communication service providers (CSPs) protect their SMB and Enterprise customers from cybersecurity threats while increasing revenue. Allot BusinessSecure is a part of the Allot Secure family of unified cybersecurity solutions and uses Machine Learning technology and network visibility tools to automatically identify devices in the network and apply a customizable security policy. The solution offers a network-based antivirus service and hardens customer premises equipment (CPE) to protect against vulnerabilities. Allot BusinessSecure also includes features such as content control, unified reporting, and a self-diagnostics chat bot. The launch of BusinessSecure allows CSPs to generate new revenue from their business customers.
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Sharp Rise in Network Traffic Volume Boosts Allot Revenue
Allot Communications Ltd., an Israel-based company providing network intelligence and security solutions, reported a 15.4% YoY increase in revenue for Q1 2020, reaching $29.3 million. The companys net loss also decreased to about $400,000, which is 22% of the net loss in Q1 2019. Allot, which serves global service providers like Vodafone, Telefonica, and Hutchinson, noted a surge in network traffic volume due to the pandemic. The company expects its 2020 revenue to be between $135 million and $140 million. Allot is currently valued at around $420 million.
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Altice Portugal's MEO Selects Allot Security as-a-Service Solution to Protect Mobile Users from Cyberattacks
Allot Ltd. has been chosen by Altice Portugals MEO to provide a unified Network and Endpoint Cybersecurity solution. The solution, called Allot Secure, will protect MEOs mobile users against cyber threats and provide parental control. Allot Secure integrates network-based and endpoint security, enabling rapid mass-market user onboarding for cybersecurity. Altice MEO will offer its customers a security service to protect them against emerging cybersecurity threats. The solution will be implemented through a revenue-sharing partnership between Altice MEO and Allot. Allot reports that other telecom customers have achieved double-digit penetration rates with Allot Secure. The solution will enhance MEOs brand and increase customer loyalty.
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Office Tour: Allot Offices - Hod Hasharon
T+R Studio has completed the office design for Allot, a multinational network security provider. The design aims to create a dynamic work environment that reflects the companys DNA and values. The new 1800sqm R&D floor features a welcoming entrance, flexible open-air scheme, unique types of cubicles and workstations, and various meeting spaces. The design promotes collaboration, productivity, and a relaxed formality. The project took nearly six months to complete.
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Lynrock Lake becomes Allot's biggest shareholder
US investment management company Lynrock Lake has increased its stake in Hod Hasharon-based Allot Communications Ltd., becoming the companys largest shareholder. Lynrock Lakes holding grew to 10.6% as of the end of February, meaning that the investment management company purchased 1.2 million shares in Allot in January-February 2019 for an estimated $8.6 million. Lynrock Lakes current stake is worth $29 million. Allot, managed by CEO Erez Antebi, provides solutions for communications operators.
Investment
Mobileum Partners with Allot to Enhance Roaming Customers' Quality of Experience
Allot Ltd. is partnering with Mobileum to enhance the quality of roaming services for a Tier 1 US Operator. Allots SmartVisibility™ solution will be integrated with Mobileums Roaming CEM and Roaming Customer Analytics Active Intelligence solutions to provide enhanced visibility of roaming services, including VoLTE roaming. This partnership will enable the operator to offer roaming services with consistent reliability and high quality of experience. Allot is known for its expertise in network intelligence and security solutions, making it an ideal partner for Mobileum. The companies are looking forward to exploring additional collaboration opportunities.
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Allot Research Finds CLA Adoption Key in Delivering Quality of Experience (QoE) in 5G Networks
Allot Ltd., a global provider of network intelligence and security solutions, has released a report highlighting the need for Communications Service Providers (CSPs) to adopt Closed Loop Automation (CLA) to improve and sustain Quality of Experience (QoE). The report also identifies IoT and security as key drivers for CLA adoption, particularly with the onset of 5G. The report is based on a survey of 100 CSPs worldwide, with 75% of respondents stating that CLA will be most important during the transition to 5G or once 5G is fully implemented.
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Allot Powers Safaricom's Boost in Quality of Experience, Quality of Service and Security for Fixed and Mobile Customers
Allot Communications announced that Safaricom will be implementing a convergent network solution for its fixed and mobile customers. The solution includes network analytics, advanced charging capabilities, network security, and protection against DDoS attacks. Safaricom aims to enhance the quality of experience for its customers and protect them from cyber security threats. By activating Allots network intelligence and security technologies, Safaricom can protect service availability, enhance streaming quality, optimize network resources, and turn data into actionable insights. The deployment of Allots solution is expected to bring value to Safaricom and its customers. Allot Communications is a leading global provider of network intelligence and security solutions.
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George Soros cuts Allot stake to 4%
Billionaire George Soross investment fund has been selling shares in Allot Communications Ltd. The funds stake in Allot has decreased from 15.7% a year ago to 4% as of February 2019. Soros Fund Management currently holds 1.4 million shares in Allot with a market value of $10.2 million. The fund has sold shares at an average price of $6.40-6.50, resulting in proceeds of $14 million. Another party, Zohar Zisapel, recently sold all of their Allot shares for $18-19 million. Allot, with a market cap of $254 million, has changed its business focus in recent years. Goldman Sachs also holds a 5.6% stake in Orbotech, worth $168 million.
Investment
Zohar Zisapel sells Allot Communications stake
Zohar Zisapel, a high-tech entrepreneur, has sold all of his shares in Allot Communications Ltd. The sale was at an average price of $6.60 per share, resulting in Zisapels proceeds of $18-19 million. Allot Communications changed its business focus in recent years, currently providing solutions for communications activity, including security. Zisapel had invested in Allot in 2009 when its share price was only $1.50-1.70. Another prominent sell-off of shares in Allot was by a fund controlled by billionaire George Soros. Allot will publish its 2018 financial statements soon. Zisapel also reduced his holdings in Silicom, another Israel technology company.
Investment
Tier 1 European Mobile Service Provider Partners With Allot To Protect Mobile Users Using Allot's NetworkSecure Cybersecurity Solution
Allot Ltd. has been selected by a Tier 1 European mobile service provider to provide its NetworkSecure solution for protecting mobile users against cybersecurity threats. The security as a service will be offered to approximately 2.5 million subscribers, with revenues shared between the two companies. Allots NetworkSecure is a market leader in network-based cybersecurity and allows the service provider to offer a security service to customers without the need for downloads or installations. The solution has achieved up to 50% penetration and aims to increase the service providers ARPU and market penetration. Allot Ltd. is a provider of network intelligence and security solutions for service providers worldwide.
Customers
Telefónica Launches a Pioneering Cybersecurity Service for Consumers Powered by Allot
Telefónica España and Allot Ltd. have partnered to deliver a network-based cybersecurity solution called Movistar Conexión Segura. The solution, leveraging Allots technologies, provides protection against malware in both fixed and mobile networks. This partnership allows Telefónica to become a disrupting force in the market and offers a unique mix of capabilities for cybersecurity. The joint cybersecurity solution has been launched in Spain and is expected to be launched by other Telefónica affiliates worldwide. Allot Ltd. is a leading global provider of innovative network intelligence and security solutions for service providers worldwide.
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KPN Chooses Allot Service Gateway to Deliver Superior Network Performance
Allot Communications Ltd. has been selected by KPN, a Tier 1 Dutch Internet and communications technology (ICT) provider, to provide its Allot Service Gateway (SG) for its data center. The Allot SG will help manage KPNs high-rate bandwidth, identify bandwidth anomalies, and enforce Service Level Assurance (SLA) requirements. KPN chose Allot to meet the service expectations of its growing business user base and prevent any costly impact of malicious traffic. The solution will improve overall customer Quality of Experience (QoE) by troubleshooting network and application performance in real time and improving capacity planning. The Allot SG provides scalability and room for future expansion. The article highlights the operational challenges faced by KPN before choosing Allot and the benefits of the Allot SG in addressing these challenges.
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Allot Telco Security Trends Report Finds Widespread Need for IoT Security by Consumers Living in Connected Homes
Allot Communications released findings from its Telco Security Trends Report, which reveals that consumers have low confidence in the security of their IoT devices and are willing to pay extra for security to safeguard the connected home. The report also highlights a strong opportunity for ISPs to deliver cybersecurity services to their subscribers. The report shows that there is an average of 8.4 connected devices per home, with smartphones and tablets making up the majority. Half of the respondents are aware of threats to their IoT devices, and only 20% are satisfied with the built-in security. The top concerns are loss of privacy, over-reliance on technology, and cyberattacks. Seventy-four percent of consumers are aware of and concerned about connected devices, and 72% of households are willing to pay a monthly fee for security services. ISPs have the opportunity to become the consumers security supplier of choice.
Customers
Tier 1 European Mobile Operator Selects Allot ClearSee Network Analytics to Increase Customer Loyalty and Subscriber Acquisition
Allot Communications Ltd. has been chosen by a Tier 1 Northern European mobile operator to provide Allot ClearSee Network Analytics for a better understanding of end users activities on both mobile and fixed networks. The solution will enable the mobile operator to make better business decisions and optimize its network infrastructure. Allots ClearSee solution offers real-time traffic analysis, centralized reporting, web-based tools for data mining, and network function virtualization. The company was selected for its granularity, flexibility, and readiness of the virtualized solution. Allots ClearSee Network Analytics provides actionable network intelligence to enhance end users quality of experience and protect the mobile operators brand and reputation.
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Allot Expands Security Offering With Acquisition of Netonomy
Allot Communications Ltd. has signed a definitive agreement to acquire Netonomy Ltd., a developer of software-based cyber security for the connected home. The acquisition is in line with Allots strategy of providing comprehensive security solutions for Communications Service Providers (CSPs) as the adoption of IoT and connected devices at home continues to grow rapidly. Netonomys technology integrates a unique software component onto existing routers, enabling device management and protective security functionality. Allots leading mobile protection solutions, when combined with Netonomys technology, will allow CSPs to offer comprehensive and seamless security to consumers. The consideration to be paid will not have a material impact on Allots financial situation.
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Allot Communications to Present at the Oppenheimer 20th Annual Technology, Internet & Communications Conference in Boston
Allot Communications Ltd. announced that its executives will be speaking at the Oppenheimer 20th Annual Technology, Internet & Communications Conference. The conference provides an opportunity for investors to meet with the CEO and CFO of Allot. Allot Communications is a leading provider of security and monetization solutions for service providers and enterprises.
Investment
Allot Selected by a Leading Satellite Network Operator in Russia
Allot Communications has been selected by one of Russias top satellite service providers to optimize network traffic, protect against DDoS attacks, increase revenues, and support regulatory compliance efforts. The deployment of Allots multi-service platform will improve quality of experience (QoE), optimize network infrastructure, and comply with government regulations. Allots customers in Russia represent approximately 70% of the Russian VSAT market. The company has a proven track record in enabling communications service providers to extract more value from their networks and improve customer service. Allots solutions are currently deployed at 5 of the top 10 global mobile operators and in thousands of CSP and enterprise networks worldwide.
Customers
Formula eyes Allot acquisition
Allot Communications, a communications equipment company, is looking for a buyer. Formula Systems, a technology holding company, is interested in acquiring Allot. The deal has not yet been finalized, but it is believed to involve a considerable premium on Allots market cap. Allots market cap is currently $172 million, with $117 million in cash. Allot has been struggling to recover from troubles in its core deep packet inspection business and recently announced a restructuring, including layoffs. George Soross hedge fund has become a party of interest in Allot with a 6.6% stake. Other prominent shareholders include Zohar Zisapel, the Fidelity Fund, Migdal Insurance and Financial Holdings, The Phoenix Holdings, and US investment institutions.
AcquisitionInvestmentLayoffs
Allot Communications lays off 30
Allot Communications Ltd. is laying off 30 employees, representing 6% of its workforce, due to the slowdown in the DPI broadband solutions market. The companys share price has fallen 16.3% since the start of 2016, and it currently has a market cap of $164 million. Allot finished 2015 with lower revenue and a net loss, but expects to return to revenue growth and balanced books in 2016. The company is striving to switch its focus to security and value-added solutions, and does not rule out the option of being acquired.
Layoffs
Speculation: Allot looking for buyer
Allot Communications Ltd. is up for sale and looking for a buyer. Contacts have been initiated with Radware, but no negotiations are taking place yet. Allot has been experiencing a decline in market cap and revenue, and has been undergoing a transition to security solutions and added value services. At the end of the first quarter, Allot had $121 million in cash. Radware, another Israeli company, is known to be searching for potential acquisitions and has $315 million in cash designated for acquisitions. It is speculated that Radware may have received a proposal from a party linked with Allot. Both companies have connections through common shareholders.
Acquisition
Allot acquires IT security co Optenet for $38m
Allot Communications has announced its acquisition of information security company Optenet for an estimated $38 million. The acquisition is expected to increase Allots revenue by several million dollars in 2015 and contribute slightly to its non-GAAP profit. Allot and Optenet have been cooperating since 2013 and have won more than 10 service provider customers together. The acquisition will help Allot become a leading player in the consumer Security-as-a-Service market and strengthen its network operator value-added services approach.
AcquisitionCustomers
Allot Communications wins $15m tier-1 operator order
Allot Communications Ltd. has received an expansion order of $15 Million from a major tier-1 operator for their service optimization and revenue generation solutions. The order was due to Allots integrated services and extreme scalability, supporting high density of 10GE ports. The Tier-1 operator selected Allot Service Gateway Tera for its integrated services and scalability. The order includes Allot ServiceProtector for safeguarding against DDoS cyber-attacks and Allot ClearSee Data Source solution to provide rich data sources for different applications. Allot Service Gateway Tera is gaining momentum and success among top operators. Allot CEO, Andrei Elefant, highlighted the critical capabilities of their value-added services for security protection and advanced analytics.
Customers
Allot Communications Raises $7 Mln in Private Placement
Israeli start-up Allot Communications has raised $7 million in a third round of fundraising. The company has developed a combined hardware and software product that manages communications networks to optimize resource allocation and bandwidth. The target market for the companys products are large organizations, internet service providers, and satellite and cable communications markets. The funds raised will be used to expand the companys activities in the US and develop new products. Allot Communications was founded by Michael Shurman and Yigal Jacoby, who previously founded Armon Networking. The company has received recognition for its products and has a workforce of 45 employees.
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