Allot Ltd. (NASDAQ:ALLT) is set to announce second quarter earning results on Tuesday 4th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, ALLT to report 2Q20 loss of $ 0.03 per share.
For the full year, analysts anticipate top line of $ 135.38 million, while looking forward to loss of $ 0.01 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 135.00 million ~ $ 140.00 million
Click Here For More Historical Outlooks Of Allot Ltd.
Previous Quarter Performance
Allot Ltd. unwinded loss for the first quarter of $ 0.01 per share, from the revenue of $ 29.29 million. The quarterly revenues increased 15.59 percent compared with the same quarter last year. Street analysts expected Allot Ltd. to report loss of $ 0.09 per share on revenue of $ 29.00 million for the first quarter. The bottom line results beat street analysts by $ 0.08 or 88.89 percent, at the same time, top line results outshined analysts by $ 0.29 million or 1.00 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of ALLT was $ 12.45, representing a 93.32 % increase from the 52 week low of $ 6.44 and a 4.6 % decrease over the 52 week high of $ 13.05.
The company has a market capital of $ 432.02 million and is part of the Technology sector and Communication Equipment industry.
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Conference Call
Allot Ltd. will be hosting a conference call at 8:30 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.allot.com
Allot Ltd. provides network intelligence and security solutions to protect and personalize the digital experience worldwide. The company offers various platforms, including Allot Service Gateway 9500 and 9700, Allot Service Gateway Tera, Allot Service Gateway Virtual Edition, Allot Secure Service Gateway, and Allot NetEnforcer for in-line deployment in traditional and virtualized network access infrastructure.
