Allot Communications Ltd. (NASDAQ:ALLT) released its quarterly earnings results on Tuesday. The communications equipment provider reported ($0.04) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.04, Briefing.com reports. Allot Communications had a negative net margin of 14.06% and a negative return on equity of 5.88%. The company had revenue of $20.90 million for the quarter, compared to analyst estimates of $20.83 million. During the same quarter last year, the firm posted ($0.01) earnings per share. The company’s quarterly revenue was down .5% compared to the same quarter last year.

Shares of Allot Communications (NASDAQ:ALLT) traded up $0.42 during mid-day trading on Tuesday, reaching $5.33. 212,424 shares of the company were exchanged, compared to its average volume of 13,710. Allot Communications has a fifty-two week low of $4.50 and a fifty-two week high of $5.67.

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A number of equities analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Allot Communications from a “hold” rating to a “sell” rating in a research report on Tuesday, August 15th. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Allot Communications in a research report on Tuesday, August 1st. Finally, ValuEngine lowered shares of Allot Communications from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th.

Allot Communications Company Profile

Allot Communications Ltd. (Allot) is a global provider of security and monetization solutions that enable mobile, fixed and enterprise service providers to protect and personalize the digital experience. The Company has a global and diverse customer base composed of mobile and fixed broadband service providers, cable operators, private networks, data centers, governments and enterprises, such as financial and educational institutions.

Earnings History for Allot Communications (NASDAQ:ALLT)

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