Allot Communications: 2Q Earnings Snapshot
Posted Aug 4, 2020 3:15 am.
Last Updated Aug 4, 2020 3:30 am.
This article is more than 5 years old.
HOD-HASHARON, Israel (AP) _ Allot Communications Ltd. (ALLT) on Tuesday reported a loss of $3.6 million in its second quarter.
The Hod-Hasharon, Israel-based company said it had a loss of 10 cents per share. Losses, adjusted for one-time gains and costs, came to 7 cents per share.
The internet protocol services company posted revenue of $32.8 million in the period.
Allot Communications expects full-year revenue in the range of $135 million to $140 million.
Allot Communications shares have climbed 46% since the beginning of the year. The stock has increased 75% in the last 12 months.
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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
The Associated Press
