Allot Ltd. provides network intelligence and security solutions to protect and personalize the digital experience in Europe, Asia, Oceania, the Middle East, Africa, and the Americas. It offers Allot Service Gateway (Allot SG) platforms, including Allot SG-Tera, Allot SG9x000, and Allot SG-VE and CE for in-line deployment in traditional and virtualized network access infrastructure. The company also provides subscriber management platform that drives the centralized creation, provisioning, and pricing of subscriber services; and analytics solutions comprising Allot ClearSee Analytics and Allot ClearSee Data Source that analyze traffic data. In addition, it offers security solutions comprising Allot NetworkSecure, Allot HomeSecure, Allot DNSecure, EndPoint Secure, Allot Content Protector, Allot IoTSecure, Allot DDoS Secure, Allot SpamOut Protector, and Allot Secure Management, as well as security as a service solutions for protecting network service integrity and brand reputation. Further, the company offers centralized management solutions, such as Allot NetXplorer for providing a central access point for network-wide monitoring, reporting, analytics, troubleshooting, accounting, and quality of service policy provisioning. It markets its products through direct sales, distributors, resellers, original equipment manufacturers, and system integrators to carriers, mobile and fixed service providers, cable operators, private networks, data centers, educational institutions, governments, and enterprises, as well as wireless, wireline, and satellite Internet service providers. The company was formerly known as Allot Communications Ltd. and changed its name to Allot Ltd. in October 2018. Allot Ltd. was incorporated in 1996 and is based in Hod-Hasharon, Israel.
IPO Year: 2006
Exchange: NASDAQ
Website: allot.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/5/2024 | $13.00 | Market Perform → Outperform | Northland Capital |
| 5/17/2022 | Buy → Hold | Lake Street | |
| 2/17/2022 | $14.00 → $10.00 | Neutral → Underperform | BofA Securities |
| 2/16/2022 | $22.00 → $16.00 | Buy | Needham |
| 12/8/2021 | $23.00 | Outperform | Northland Capital |
| 11/11/2021 | $21.00 → $14.00 | Buy → Neutral | BofA Securities |
Announcement reflects company's commitment to augment Board of Directors with industry-experienced executives from both the government and software sectors Cognyte Software Ltd. (NASDAQ:CGNT) ("Cognyte"), a global leader in investigative analytics software, today announced the appointment of two new members to its Board of Directors. Matthew O'Neill and Nurit Benjamini will join the board on March 1, 2025, and March 31, 2025, respectively, reflecting the company's commitment to add independent directors from the government and software sectors. Richard Nottenburg will be stepping down from his board position effective March 31, 2025. Having served with the United States Secret Service f
Hod Hasharon, Israel, May 29, 2024 (GLOBE NEWSWIRE) -- 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 the appointment of Mrs. Liat Nahum as the new Chief Financial Officer of the Company. Nahum, who will join Allot on July 1st, 2024, brings with her significant financial and international management experience from leadership roles at publicly listed technology companies. "I am happy to welcome Liat to our executive team. She will partner with me to usher in a new chapter for Allot, with the goal of driving renewed business success. Liat brings m
Hod Hasharon, Israel, May 06, 2024 (GLOBE NEWSWIRE) -- 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 the appointment of Eyal Harari as its Chief Executive Officer effective May 6, 2024. He will be replacing Mr. Erez Antebi. At the request of the company's Board of Directors, Mr. Antebi has agreed to assist Mr. Harari during a transition period and thereafter, to continue to provide consulting services to the company. "We are extremely pleased that Eyal is joining Allot as Chief Executive Officer. He brings his vast experience, management and b
Hod Hasharon, Israel, Sept. 27, 2023 (GLOBE NEWSWIRE) -- 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 that its Board of Directors has appointed David Reis as Chairman of the Board effective immediately. Current Chairman and Founder, Yigal Jacoby, has decided to step down from his position as Chairman in order to focus on other opportunities. He will remain a director until the end of this year. "David brings decades of experience leading high growth companies," said Mr. Jacoby. "I am confident that under his leadership, Allot will drive profit
Hod Hasharon, Israel, May 12, 2022 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, today announced that it has appointed Raffi Kesten to its Board of Directors as an independent director. The Company also announced that it has entered into a Cooperation Agreement with Outerbridge Capital Management, LLC ("Outerbridge Capital"), QVT Financial LP, and certain of their affiliates (collectively, "Outerbridge"), which collectively own approximately 7.5% of the Company's outstanding shares. Raffi Kesten brings to Allot o
Hod Hasharon, Israel, March 06, 2025 (GLOBE NEWSWIRE) -- 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 that its management will be meeting with investors and presenting at the 37th Annual Roth Conference taking place between March 16 and 18, 2025. Allot's CEO, Eyal Harari will be attending and meeting one-on-one with investors on Monday March 17. For more information about the conference, or to schedule a meeting with Allot's management, please contact your Roth representative or email the investor relations team at Allot. About Allot A
Strong Double-Digit SECaaS Growth and Significant Improvement in Profitability HOD HASHARON, Israel, Feb. 25, 2025 /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 fourth quarter and full year of 2024. Financial Highlights for the Fourth Quarter Revenues of $24.9 million increased 2% year over year and 7% sequentially, representing a return to revenue growth;Security as a Service (SECaaS) revenues continued to grow strongly, increasing 49% year-over-year to $4.8 million;December 2024 SECaaS ARR* gre
Hod Hasharon, Israel, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:ALLT) (TASE: ALLT), a leading global provider of innovative security-as-a-service (SECaaS) and network intelligence solutions for communication service providers and enterprises, announced today that Allot's NetworkSecure offering is helping support the expansion of Verizon Business' cybersecurity capabilities to boost protection for customers against a broad range of mobile cyber threats. "We always want to be a step ahead for our customers, particularly when it comes to security. Our network-based security portfolio makes it easy for our customers to enjoy peace of mind, including through our powerful mobile cy
Announcement reflects company's commitment to augment Board of Directors with industry-experienced executives from both the government and software sectors Cognyte Software Ltd. (NASDAQ:CGNT) ("Cognyte"), a global leader in investigative analytics software, today announced the appointment of two new members to its Board of Directors. Matthew O'Neill and Nurit Benjamini will join the board on March 1, 2025, and March 31, 2025, respectively, reflecting the company's commitment to add independent directors from the government and software sectors. Richard Nottenburg will be stepping down from his board position effective March 31, 2025. Having served with the United States Secret Service f
Hod Hasharon, Israel, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:ALLT, TASE: ALLT)), a leading global provider of innovative network-native cybersecurity and network intelligence solutions for communication service providers (CSPs) and enterprises, announced today that it will host a conference call to discuss its fourth quarter and full year 2024 results on Tuesday, February 25, 2025 at 9:00AM ET (2:00PM UK, 4:00PM Israel). The unaudited financial results of the quarter and year will be published prior to the commencement of the conference call. To access the conference call, please dial one of the following numbers: US: 1-888-642-5032, UK: 0-800-917-5108, Israel: +
Hod Hasharon, Israel, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and converged network-native security solutions for communication service providers and enterprises, today announced that O2 Czech Republic, a subsidiary of the PPF Group, has launched Allot DNS Secure, enabling them to continue offering and enhance cybersecurity protection services to both their mobile and fixed broadband consumer customers. This service launch is the result of an agreement between Allot and O2 Czech Republic signed earlier this year, and of an umbrella agreement signed with O2 Czech Republic parent company PPF Grou
Hod Hasharon, Israel, Jan. 07, 2025 (GLOBE NEWSWIRE) -- 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 that its management will be meeting with investors and presenting at the Needham Growth Conference taking place in New York on January 15, 2025. Allot's CEO, Eyal Harari will be presenting on Wednesday, January 15, 2015 at 1:30p.m. ET and will also be available for one-on-one or group meetings that day. For more information about the conference, or to schedule a meeting with Allot's management, please contact your Needham representative or em
Hod Hasharon, Israel, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, today announced that Asahi Net, a broadband provider in Japan, and Allot have signed an agreement for Asahi Net to adopt the newly announced SG-Tera III multiservice platform. Asahi Net was the first Allot customer in the world to implement the SG-Tera II in 2021 and will be the first customer of Allot to implement the new SG-Tera III which, at 2.8 Tbps of traffic throughput, will be the highest capacity multiservice platform on
Hod Hasharon, Israel, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, today announced that it has developed the Allot Service Gateway (SG) Tera III multiservice platform. At 2.8 Tbps, the new SG-Tera III will be the highest capacity multiservice gateway platform in the telecommunications market. "The Allot SG-Tera III is truly a breakthrough for Allot and the telecommunications industry. It will easily meet the capacity, scalability and requirements of the world's largest CSPs who want to deliver su
Reports non-GAAP operating profit for the first time in three years 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; Septe
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Northland Capital upgraded Allot Comms from Market Perform to Outperform and set a new price target of $13.00
Lake Street downgraded Allot Comms from Buy to Hold
BofA Securities downgraded Allot Comms from Neutral to Underperform and set a new price target of $10.00 from $14.00 previously
Needham reiterated coverage of Allot with a rating of Buy and set a new price target of $16.00 from $22.00 previously
Northland Capital initiated coverage of Allot Comms with a rating of Outperform and set a new price target of $23.00
BofA Securities downgraded Allot Comms from Buy to Neutral and set a new price target of $14.00 from $21.00 previously
Needham reiterated coverage of Allot with a rating of Buy and set a new price target of $22.00 from $15.00 previously
Strong Double-Digit SECaaS Growth and Significant Improvement in Profitability HOD HASHARON, Israel, Feb. 25, 2025 /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 fourth quarter and full year of 2024. Financial Highlights for the Fourth Quarter Revenues of $24.9 million increased 2% year over year and 7% sequentially, representing a return to revenue growth;Security as a Service (SECaaS) revenues continued to grow strongly, increasing 49% year-over-year to $4.8 million;December 2024 SECaaS ARR* gre
Hod Hasharon, Israel, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:ALLT, TASE: ALLT)), a leading global provider of innovative network-native cybersecurity and network intelligence solutions for communication service providers (CSPs) and enterprises, announced today that it will host a conference call to discuss its fourth quarter and full year 2024 results on Tuesday, February 25, 2025 at 9:00AM ET (2:00PM UK, 4:00PM Israel). The unaudited financial results of the quarter and year will be published prior to the commencement of the conference call. To access the conference call, please dial one of the following numbers: US: 1-888-642-5032, UK: 0-800-917-5108, Israel: +
Reports non-GAAP operating profit for the first time in three years 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; Septe
Hod Hasharon, Israel, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:ALLT, TASE: ALLT)), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, announced today that it will host a conference call to discuss its third quarter 2024 results on Tuesday, November 19, 2024 at 8:30AM ET (1:30PM UK, 3:30PM Israel). The unaudited financial results of the quarter will be published prior to the commencement of the conference call. To access the conference call, please dial one of the following numbers: US: 1-888-642-5032, UK: 0-800-917-5108, Israel: +972-3-918-0610 A li
HOD HASHARON, Israel, Aug. 27, 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 second quarter of 2024. Financial Highlights for the Second Quarter Revenues were $22.2 million, stable compared with that of the prior quarter;Non-GAAP gross margin was 70.6%;Security as a Service (SECaaS) revenues continued to grow, increasing 54% year-over-year to $3.7 million;June 2024 SECaaS ARR* was $14.6 million;Operating loss improved significantly year over year: declining 84% to $3.4 million on a GAAP basi
Hod Hasharon, Israel, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:ALLT, TASE: ALLT))), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, announced today that it will host a conference call to discuss its second quarter 2024 results on Tuesday, August 27, 2024 at 9:00AM ET (2:00PM UK, 4:00PM Israel). The unaudited financial results of the quarter will be published prior to the commencement of the conference call. To access the conference call, please dial one of the following numbers: US: 1-888-642-5032, UK: 0-800-917-5108, Israel: +972-3-918-0610 A li
HOD HASHARON, Israel, May 29, 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 first quarter 2024 financial results. Financial Highlights for the First Quarter First quarter revenues were $21.9 million, up 4% year-over-year;First quarter gross margins improved year over year by 8.1% to 69.0% on a GAAP basis and by 4.7% to 70.4% on a non-GAAP basis;SECaaS revenues were $3.4 million for Q1 up 51% year-over-year and March 2024 SECaaS ARR* was $13.7 million;Net loss improved and was reduced significantly year over year: on
Hod Hasharon, Israel, May 09, 2024 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:ALLT, TASE: ALLT))), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, announced today that it will host a conference call to discuss its first quarter 2024 results on Wednesday, May 29, 2024 at 9:00AM ET (2:00PM UK, 4:00PM Israel). The unaudited financial results of the quarter will be published prior to the commencement of the conference call. To access the conference call, please dial one of the following numbers: US: 1-888-642-5032, UK: 0-800-917-5108, Israel: +972-3-918-0610 A live
HOD HASHARON, Israel, Feb. 15, 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 fourth quarter and full-year 2023 financial results. Financial Highlights Fourth quarter revenues were $24.3 million and full-year 2023 revenues were $93.2 million;SECaaS revenues were $3.2 million for Q4 and $10.6 million for FY 2023, up 41.5% and 48.4% year-over-year respectively.December 2023 SECaaS ARR* was $12.7 million;Q4 GAAP net loss was $18.3 million and non-GAAP net loss was $16.4 million, including a credit loss provision for 2 sp
HOD HASHARON, Israel , Jan. 11, 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 preliminary unaudited financial results for the year ended December 31, 2023. Allot expects revenues, SECaaS revenues, and Total ARR to be within the guidance range the company provided on November 16, 2023. As of December 31, 2023, cash, bank deposits, and marketable securities totaled approximately $55 million, also within the guidance range previously provided. Allot expects to recognize an increase of approximately $9 million in allowance for cr
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