Allot Announces Third Quarter 2024 Financial Results [Yahoo! Finance]
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: Yahoo! Finance
HOD 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 Quarter Revenues 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 Outlook For the fourth quarter of 2024, Allot management expects to remain around breakeven on a non-GAAP oper
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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