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Allot Communications: 2Q Earnings Snapshot

August 6, 2019

HOD-HASHARON, Israel (AP) _ Allot Communications Ltd. (ALLT) on Tuesday reported a loss of $1.5 million in its second quarter.

On a per-share basis, the Hod-Hasharon, Israel-based company said it had a loss of 4 cents. Losses, adjusted for one-time gains and costs, were 6 cents per share.

The internet protocol services company posted revenue of $26.6 million in the period.

Allot Communications expects full-year revenue in the range of $106 million to $110 million.

Allot Communications shares have risen 17% since the beginning of the year. The stock has increased 35% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALLT at https://www.zacks.com/ap/ALLT

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