Allot Announces Third Quarter 2024 Financial Results
Allot Ltd. - Ordinary Shares (ALLT)
Last allot ltd. - ordinary shares earnings: 2/4 05:00 am
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US:NASDAQ Investor Relations:
investors.allot.com/investor-relations
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Source: PR Newswire
Reports non-GAAP operating profit for the first time in three yearsHOD HASHARON, Israel, Nov. 19, 2024 /PRNewswire/ -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced its unaudited financial results for the third quarter of 2024.Financial Highlights for the Third QuarterRevenues of $23.2 million were up 5% sequentially and 3% year over year, representing a return to growth,;Non-GAAP gross margin was 71.7%;Security as a Service (SECaaS) revenues continued to grow strongly, increasing 69% year-over-year to $4.7 million, in line with expectations; September 2024 SECaaS ARR* was $17.2 million;Non-GAAP operating profit was $1.1 million, GAAP operating loss was $0.2 million;Positive operating cash flow of $1.9 million;Net cash** increased by $2.0 million versus June 30, 2024.Financial OutlookFor the fourth quarter of 2024, Allot management expects to r
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- Are You Looking for a Top Momentum Pick? Why Allot Communications (ALLT) is a Great Choice [Yahoo! Finance]Yahoo! Finance
ALLT
Earnings
- 11/19/24 - Beat
ALLT
Sec Filings
- 12/11/24 - Form 6-K
- 12/4/24 - Form 144
- 11/19/24 - Form 6-K
- ALLT's page on the SEC website