For the second quarter Allot reported earnings of 6 cents a share, missing the Capital IQ Consensus Estimate of 8 cents a share by 2 cents. Revenue rose 33% from the year-ago quarter to $28.2 million. Analysts expected revenue of $28.64 million for the quarter.
TheStreet Ratings team rates ALLOT COMMUNICATIONS LTD as a Hold with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:
"We rate ALLOT COMMUNICATIONS LTD (ALLT) a HOLD. The primary factors that have impacted our rating are mixed ? some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year."