• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Allot Announces Third Quarter 2024 Financial Results

    11/19/24 6:30:00 AM ET
    $ALLT
    Computer Communications Equipment
    Telecommunications
    Get the next $ALLT alert in real time by email

    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.

    Allot Logo

    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 operating profit basis and to generate positive operating cash flow, contributing to a further improvement in the balance sheet net cash position.

    Management expects a double-digit growth year over year for full year SECaaS revenue and SECaaS ARR*.

    Management Comment

    Eyal Harari, CEO of Allot commented, "We are pleased with the continued progress made this quarter in strengthening Allot's financial position through our cash generation, and we are particularly pleased with our first positive non-GAAP operating income in three years. Revenue grew both sequentially and year over year, and revenue from our security growth engine continues to grow very strongly.

    "Our security as a service solution continues to gain traction. We recently expanded our business and launched new services with Vodafone and MEO. These newly announced customer-wins further broaden the potential subscriber base which can benefit from our security solutions and strengthen our recurring revenue base over the long term."

    "As we finalize our strategy for long-term growth and profitability, we are positioning ourselves as a security-first company by unifying our network intelligence and security offerings. We believe that this integrated approach will enhance our value proposition and lay a new foundation for long-term profitable growth. I am increasingly optimistic about Allot's future," concluded Harari.

    Q3 2024 Financial Results Summary

    Total revenues for the third quarter of 2024 were $23.2 million, a 3% increase compared to $22.6 million in the third quarter of 2023. It was also a sequential improvement of 5% compared with $22.2 million reported in the prior quarter.

    Gross profit on a GAAP basis for the third quarter of 2024 was $16.4 million (gross margin of 70.4%), a 56% increase compared with $10.5 million (gross margin of 46.3%) in the third quarter of 2023.   

    Gross profit on a non-GAAP basis for the third quarter of 2024 was $16.7 million (gross margin of 71.7%), a 54% increase compared with $10.8 million (gross margin of 47.9%) in the third quarter of 2023.   

    Operating loss on a GAAP basis for the third quarter of 2024 was $0.2 million, compared with an operating loss of $12.7 million in the third quarter of 2023.

    Operating income on a non-GAAP basis for the third quarter of 2024 was $1.1 million,   compared with an $11.1 million loss in the third quarter of 2023.   

    Net loss on a GAAP basis for the third quarter of 2024 was $0.2 million, or $0.01 per diluted share, an improvement compared to the net loss of $12.4 million, or $0.32 per basic share, in the third quarter of 2023.

    Net income on a non-GAAP basis for the third quarter of 2024 was $1.3 million, or $0.03 income per basic share, an improvement compared to the non-GAAP net loss of $10.8 million, or $0.28 loss per basic share, in the third quarter of 2023.

    Operating cash flow generated in the quarter was $1.9 million.    

    Cash and cash equivalents, short-term bank deposits, short-term restricted deposits, and investments as of September 30, 2024, totaled $54.5 million, versus $53.2 million at the end of the prior quarter and $54.8 million as of December 31, 2023.

    Conference Call & Webcast:

    The Allot management team will host a conference call to discuss its third quarter 2024 earnings results today, November 19, 2024, at 9:00 am ET, 4:00 pm Israel time. 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 webcast and, following the end of the call, an archive of the conference call, will be accessible on the Allot website at: http://investors.allot.com/index.cfm 

    About Allot

    Allot Ltd. (NASDAQ:ALLT, TASE: ALLT)) is a provider of leading innovative network intelligence and security solutions for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more. Allot's multi-service platforms are deployed by over 500 mobile, fixed, and cloud service providers and over 1,000 enterprises. Our industry-leading network-based security as a service solution is already used by many millions of subscribers globally. Allot. See. Control. Secure.

    For more information, visit www.allot.com 

    Performance Metrics

    * SECaaS ARR –  measures the current annual recurring of SECaaS revenues, which is calculated based on estimated revenues for the month of September 2024 and multiplied by 12.

    ** Net Cash – Cash and cash equivalents, short-term bank deposits and investments net of convertible debt.

    GAAP to Non-GAAP Reconciliation:

    The difference between GAAP and non-GAAP revenues is related to the acquisitions made by the Company and represents revenues adjusted for the impact of the fair value adjustment to acquired deferred revenue related to purchase accounting. Non-GAAP net income is defined as GAAP net income after including deferred revenues related to the fair value adjustment resulting from purchase accounting and excluding stock-based compensation expenses, amortization of acquisition-related intangible assets, deferred tax asset adjustment and changes in taxes-related items.

    These non-GAAP measures should be considered in addition to, and not as a substitute for, comparable GAAP measures. The non-GAAP results and a full reconciliation between GAAP and non-GAAP results is provided in the accompanying Table 2. The Company provides these non-GAAP financial measures because it believes they present a better measure of the Company's core business and management uses the non-GAAP measures internally to evaluate the Company's ongoing performance. Accordingly, the Company believes they are useful to investors in enhancing an understanding of the Company's operating performance.  

    Safe Harbor Statement

    This release contains forward-looking statements, which express the current beliefs and expectations of Company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements set forth in such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: our accounts receivables, including our ability to collect outstanding accounts and assess their collectability on a quarterly basis; our ability to meet expectations with respect to our financial guidance and outlook; our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors; government regulation; the timing of completion of key project milestones which impact the timing of our revenue recognition; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on fourth party channel partners for a material portion of our revenues; and other factors discussed under the heading "Risk Factors" in the Company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

    Investor Relations Contact:

    EK Global Investor Relations

    Ehud Helft

    +1 212 378 8040

    [email protected]

    Public Relations Contact:

    Seth Greenberg, Allot Ltd.

    +972 54 922 2294

    [email protected]

     

     

    TABLE  - 1

    ALLOT LTD.

    AND ITS SUBSIDIARIES

    CONSOLIDATED STATEMENTS OF OPERATIONS

    (U.S. dollars in thousands, except share and per share data)





















    Three Months Ended





    Nine Months Ended



    September 30,





    September 30,



    2024



    2023





    2024



    2023



    (Unaudited)





    (Unaudited)



















    Revenues

    $       23,235



    $       22,635





    $       67,289



    $       68,808

    Cost of revenues

    6,871



    12,165





    20,652



    27,523

    Gross profit  

    16,364



    10,470





    46,637



    41,285



















    Operating expenses:

















    Research and development costs, net

    5,922



    9,927





    20,397



    31,173

    Sales and marketing

    7,699



    10,384





    23,400



    31,793

    General and administrative

    2,960



    2,822





    9,166



    24,340

    Total operating expenses

    16,581



    23,133





    52,963



    87,306

    Operating loss

    (217)



    (12,663)





    (6,326)



    (46,021)

    Financial and other income, net

    513



    775





    1,542



    2,554

    Profit (Loss) before income tax expenses

    296



    (11,888)





    (4,784)



    (43,467)



















    Tax expenses

    540



    473





    1,326



    988

    Net Loss

    (244)



    (12,361)





    (6,110)



    (44,455)



















     Basic net loss per share

    $         (0.01)



    $         (0.32)





    $         (0.17)



    $         (1.18)





































     Diluted net loss per share

    $         (0.01)



    $         (0.32)





    $         (0.17)



    $         (1.18)



















    Weighted average number of shares used in 

















    computing basic net loss per share

    39,202,550



    38,173,533





    38,777,119



    37,782,281



















    Weighted average number of shares used in 

















    computing diluted net loss per share

    39,202,550



    38,173,533





    38,777,119



    37,782,281



















     

     

     

    TABLE  - 2

    ALLOT LTD.

    AND ITS SUBSIDIARIES

    RECONCILIATION OF GAAP TO NON-GAAP  CONSOLIDATED  STATEMENTS  OF  OPERATIONS

    (U.S. dollars in thousands, except per share data)

























    Three Months Ended



    Nine Months Ended





    September 30,



    September 30,





    2024



    2023



    2024



    2023





    (Unaudited)



    (Unaudited)

    GAAP cost of revenues



    $6,871



    $12,165



    $20,652



    $27,523

    Share-based compensation (1)



    (153)



    (178)



    (631)



    (1,057)

    Amortization of intangible assets (2)



    (152)



    (195)



    (456)



    (582)

    Non-GAAP cost of revenues



    $6,566



    $11,792



    $19,565



    $25,884

















    GAAP gross profit



    $16,364



    $10,470



    $46,637



    $41,285

    Gross profit adjustments



    305



    373



    1,087



    1,639

    Non-GAAP gross profit



    $16,669



    $10,843



    $47,724



    $42,924

















    GAAP operating expenses



    $16,581



    $23,133



    $52,963



    $87,306

    Share-based compensation (1)



    (1,016)



    (1,163)



    (4,085)



    (6,177)

    Non-GAAP operating expenses



    $15,565



    $21,970



    $48,878



    $81,129

















    GAAP financial and other income



    $513



    $775



    $1,542



    $2,554

    Exchange rate differences*



    139



    (47)



    343



    (328)

    Expenses related to M&A activities (3)



    -



    15



    -



    43

    Non-GAAP Financial and other income



    $652



    $743



    $1,885



    $2,269

















    GAAP taxes on income



    $540



    $473



    $1,326



    $988

    Changes in tax related items



    (45)



    (25)



    (222)



    (75)

    Non-GAAP taxes on income



    $495



    $448



    $1,104



    $913

















    GAAP Net Loss



    $(244)



    $(12,361)



    $(6,110)



    $(44,455)

    Share-based compensation (1)



    1,169



    1,341



    4,716



    7,234

    Amortization of intangible assets (2)



    152



    195



    456



    582

    Expenses related to M&A activities (3)



    -



    15



    -



    43

    Exchange rate differences*



    139



    (47)



    343



    (328)

    Changes in tax related items



    45



    25



    222



    75

    Non-GAAP Net income (loss)



    $1,261



    $(10,832)



    $(373)



    $(36,849)

















    GAAP Loss per share (diluted)



    $(0.01)



    $(0.32)



    $(0.17)



    $(1.18)

    Share-based compensation



    0.03



    0.03



    0.13



    0.19

    Amortization of intangible assets



    0.01



    0.01



    0.02



    0.02

    Expenses related to M&A activities



    -



    0.00



    -



    0.00

    Exchange rate differences*



    0.00



    (0.00)



    -



    (0.01)

    Changes in tax related items



    -



    -



    0.00



    -

    Non-GAAP Net income (loss) per share (diluted)



    $0.03



    $(0.28)



    $(0.02)



    $(0.98)

































    Weighted average number of shares used in 















    computing GAAP diluted net income (loss) per share



    39,202,550



    38,173,533



    38,777,119



    37,782,281

































    Weighted average number of shares used in 















    computing non-GAAP diluted net income (loss) per share



    42,421,818



    38,173,533



    38,777,119



    37,782,281

















    * Financial income or expenses related to exchange rate differences in connection with revaluation of assets and

    liabilities in non-dollar denominated currencies.

















     

     

    TABLE  - 2 cont.

    ALLOT LTD.

    AND ITS SUBSIDIARIES

    RECONCILIATION OF GAAP TO NON-GAAP  CONSOLIDATED  STATEMENTS  OF  OPERATIONS

    (U.S. dollars in thousands, except per share data)























    Three Months Ended



    Nine Months Ended





    September 30,



    September 30,





    2024



    2023



    2024



    2023





    (Unaudited)



    (Unaudited)

















    (1) Share-based compensation:















    Cost of revenues

    $153



    $178



    $631



    $1,057



    Research and development costs, net

    402



    457



    1,687



    2,413



    Sales and marketing

    310



    408



    1,545



    2,178



    General and administrative

    304



    298



    853



    1,586





    $1,169



    $1,341



    $4,716



    $7,234

















    (2) Amortization of intangible assets















    Cost of revenues

    $152



    $195



    $456



    $582





    $152



    $195



    $456



    $582

















    (3) Expenses related to M&A activities















    Financial income

    $-



    $15



    $-



    $43





    $-



    $15



    $-



    $43

        

     

    TABLE  - 3

    ALLOT LTD.

    AND ITS SUBSIDIARIES

    CONSOLIDATED  BALANCE  SHEETS

    (U.S. dollars in thousands)























    September 30,



    December 31,





    2024



    2023





    (Unaudited)



    (Audited)







         ASSETS







    CURRENT ASSETS:







    Cash and cash equivalents



    $28,226



    $14,192

    Short-term bank deposits



    5,500



    10,000

    Restricted deposits



    481



    1,728

    Available-for-sale marketable securities



    20,276



    28,853

    Trade receivables, net (net of allowance for credit losses of $25,455 and $25,253 on

    September 30, 2024 and December 31, 2023, respectively)



    17,370



    14,828

    Other receivables and prepaid expenses



    6,710



    8,437

    Inventories



    10,049



    11,874

    Total current assets



    88,612



    89,912









    LONG-TERM ASSETS:







    Severance pay fund



    414



    395

    Restricted deposit



    702



    158

    Operating lease right-of-use assets



    7,003



    3,057

    Other assets 



    1,039



    704

    Property and equipment, net



    9,393



    11,189

    Intangible assets, net



    458



    915

    Goodwill



    31,833



    31,833

    Total non-current assets



    50,842



    48,251









    Total assets



    $139,454



    $138,163









         LIABILITIES AND SHAREHOLDERS' EQUITY







    CURRENT LIABILITIES:







    Trade payables



    $3,124



    $969

    Deferred revenues



    13,895



    14,892

    Short-term operating lease liabilities



    1,357



    1,453

    Other payables and accrued expenses



    19,771



    22,094

    Total current liabilities



    38,147



    39,408









    LONG-TERM LIABILITIES:







    Deferred revenues



    7,030



    7,437

    Long-term operating lease liabilities



    5,494



    702

    Accrued severance pay



    944



    1,080

    Convertible debt



    39,923



    39,773

    Total long-term liabilities



    53,391



    48,992









    SHAREHOLDERS' EQUITY



    47,916



    49,763









    Total liabilities and shareholders' equity



    $139,454



    $138,163



















     

     

    TABLE  - 4

    ALLOT LTD.

    AND ITS SUBSIDIARIES

    CONSOLIDATED STATEMENTS OF CASH FLOWS

    (U.S. dollars in thousands)





















    Three Months Ended



    Nine Months Ended





    September 30,



    September 30,





    2024



    2023



    2024



    2023





    (Unaudited)



    (Unaudited)













    Cash flows from operating activities:























    Net Loss



    $(244)



    $(12,361)



    $(6,110)



    $(44,455)

    Adjustments to reconcile net income to net cash provided by (used in) operating activities:











    Depreciation



    1,097



    1,251



    3,468



    3,898

    Stock-based compensation



    1,169



    1,341



    4,716



    7,234

    Amortization of intangible assets



    152



    277



    457



    830

    Increase (Decrease) in accrued severance pay, net



    10



    6



    (155)



    79

    Decrease (Increase) in other assets, other receivables and prepaid expenses



    (696)



    (127)



    976



    840

    Increase in accrued interest and  amortization of premium/discount on marketable securities 



    (392)



    (260)



    (1,169)



    (407)

    Increase (Decrease) in operating leases liability



    (481)



    555



    (1,099)



    (2,477)

    Decrease (Increase) in operating lease right-of-use asset



    675



    (934)



    1,849



    2,005

    Decrease (Increase) in trade receivables



    438



    9,600



    (2,542)



    24,489

    Decrease (Increase) in inventories



    (443)



    4,321



    1,825



    (777)

    Increase (Decrease) in trade payables



    2,139



    (5,633)



    2,155



    (7,835)

    Increase (Decrease) in employees and payroll accruals



    1,575



    (2,751)



    (2,560)



    (5,245)

    Decrease in deferred revenues



    (3,369)



    (1,676)



    (1,404)



    (2,975)

    Increase in other payables, accrued expenses and other long term liabilities



    203



    1,913



    191



    89

    Amortization of issuance costs of Convertible debt



    50



    50



    150



    148

    Net cash provided by (used in) operating activities



    1,883



    (4,428)



    748



    (24,559)













    Cash flows from investing activities:























    Decrease (Increase) in restricted deposit



    -



    192



    703



    (32)

    Investment in short-term bank deposits



    (5,500)



    -



    (9,300)



    (15,900)

    Withdrawal of short-term bank deposits



    3,800



    16,465



    13,800



    71,065

    Purchase of property and equipment



    (286)



    (1,308)



    (1,672)



    (1,868)

    Investment in marketable securities



    (9,532)



    (16,111)



    (44,284)



    (34,678)

    Proceeds from redemption or sale of marketable securities



    21,980



    11,225



    54,040



    15,185

    Net cash provided by investing activities



    10,462



    10,463



    13,287



    33,772













    Cash flows from financing activities:























    Proceeds from exercise of stock options



    (2)



    1



    (1)



    1

    Net cash provided by (used in) financing activities



    (2)



    1



    (1)



    1

























    Increase in cash and cash equivalents



    12,343



    6,036



    14,034



    9,214

    Cash and cash equivalents at the beginning of the period



    15,883



    15,473



    14,192



    12,295













    Cash and cash equivalents at the end of the period



    $28,226



    $21,509



    $28,226



    $21,509













    Non-cash activity:











    Right-of-use assets obtained in the exchange for operating lease liabilities



    $5,795



    $77



    $5,795



    $77





































     

     

    Other financial metrics (Unaudited)

    U.S. dollars in millions, except number of full time employees, top 10 customers as a % of revenues and number of shares 

























    Q3-2024



    YTD 2024



    FY 2023



    Revenues geographic breakdown

















    Americas



    3.4

    15 %

    9.8

    15 %

    16.6

    18 %



    EMEA



    14.6

    62 %

    38.2

    56 %

    56.1

    60 %



    Asia Pacific



    5.2

    23 %

    19.3

    29 %

    20.5

    22 %







    23.2

    100 %

    67.3

    100 %

    93.2

    100 %



















    Revenues breakdown by type















    Products



    8.3

    36 %

    25.1

    37 %

    37.6

    40 %



    Professional Services



    1.4

    6 %

    5.6

    8 %

    6.1

    7 %



    SECaaS (Security as a Service)



    4.7

    20 %

    11.8

    18 %

    10.6

    11 %



    Support & Maintenance



    8.8

    38 %

    24.8

    37 %

    38.9

    42 %







    23.2

    100 %

    67.3

    100 %

    93.2

    100 %



















    Revenues per customer type

















    CSP



    18.7

    81 %

    54.7

    81 %

    75.1

    81 %



    Enterprise



    4.5

    19 %

    12.6

    19 %

    18.1

    19 %







    23.2

    100 %

    67.3

    100 %

    93.2

    100 %



















    Top 10 customers as a % of revenues



    45 %



    40 %



    47 %





















    Total number of full time employees 



    508



    508



    559



    (end of period)

































     Non-GAAP Weighted average number of basic shares  (in millions)













    39.2



    38.8



    37.9





















    Non-GAAP weighted average number of fully diluted shares  (in millions)

    42.4



    41.6



    40.3







     

     

    SECaaS (Security as a Service) revenues- U.S. dollars in millions (Unaudited)





    Q3-2024:

    4.7

    Q2-2024:

    3.7

    Q1-2024:

    3.4

    Q4-2023:

    3.2

    Q3-2023:

    2.8





    SECaaS ARR* - U.S. dollars in millions (Unaudited)





    Sep. 2024:

    17.2

    Dec. 2023:

    12.7

    Dec. 2022:

    9.2

    Dec. 2021:

    5.2









     

    Logo - https://mma.prnewswire.com/media/703889/Allot_Logo.jpg

    Cision View original content:https://www.prnewswire.com/news-releases/allot-announces-third-quarter-2024-financial-results-302309788.html

    SOURCE Allot Ltd.

    Get the next $ALLT alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $ALLT

    DatePrice TargetRatingAnalyst
    8/5/2024$13.00Market Perform → Outperform
    Northland Capital
    5/17/2022Buy → Hold
    Lake Street
    2/17/2022$14.00 → $10.00Neutral → Underperform
    BofA Securities
    2/16/2022$22.00 → $16.00Buy
    Needham
    12/8/2021$23.00Outperform
    Northland Capital
    11/11/2021$21.00 → $14.00Buy → Neutral
    BofA Securities
    More analyst ratings

    $ALLT
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Allot Comms upgraded by Northland Capital with a new price target

      Northland Capital upgraded Allot Comms from Market Perform to Outperform and set a new price target of $13.00

      8/5/24 9:04:15 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications
    • Allot Comms downgraded by Lake Street

      Lake Street downgraded Allot Comms from Buy to Hold

      5/17/22 1:00:29 PM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications
    • Allot Comms downgraded by BofA Securities with a new price target

      BofA Securities downgraded Allot Comms from Neutral to Underperform and set a new price target of $10.00 from $14.00 previously

      2/17/22 6:10:09 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications

    $ALLT
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Allot Ltd.

      SC 13G - Allot Ltd. (0001365767) (Subject)

      11/18/24 9:00:22 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications
    • Amendment: SEC Form SC 13G/A filed by Allot Ltd.

      SC 13G/A - Allot Ltd. (0001365767) (Subject)

      11/12/24 6:01:17 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications
    • Amendment: SEC Form SC 13D/A filed by Allot Ltd.

      SC 13D/A - Allot Ltd. (0001365767) (Subject)

      9/3/24 8:01:55 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications

    $ALLT
    Press Releases

    Fastest customizable press release news feed in the world

    See more

    $ALLT
    Leadership Updates

    Live Leadership Updates

    See more
    • Allot to Release First Quarter 2025 Results and Host Conference Call on May 12, 2025

      Hod Hasharon, Israel, April 28, 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 (CSPs) and enterprises, announced today that it will host a conference call to discuss its first quarter 2025 results on Monday, May 12, 2025 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: +972-3-918-0644 A live we

      4/28/25 5:05:41 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications
    • Allot Launches New Off-network Cybersecurity Solution, Part of its 360-degree Protection Platform

      Hod Hasharon, Israel, April 22, 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 the company is launching its new OffNetSecure solution and will demo it at the RSA Conference in San Francisco. The new hassle-free solution protects telecom customers against cyberthreats when they are connected to the internet through means other than their provider's network. The Allot OffNetSecure solution is an extension of the Allot Secure cybersecurity platform for telecom operators. It provides seamless cybe

      4/22/25 5:36:25 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications
    • Allot to Present at the LD Micro Invitational XV Conference on April 10, 2025

      Hod Hasharon, Israel, April 01, 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, today announced  that it will be participating at the 15th Annual LD Micro Invitational investor conference taking place in New York on April 9th and 10th, 2025. The event is expected to feature leading small-cap companies presenting in half-hour increments, as well as private one-on-one meetings. Mr. Eyal Harari, CEO of Allot, will be presenting to investors on Thursday, April 10 between 12:00-12:25pm in Track 1.  Interested partie

      4/1/25 5:16:22 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications
    • Cognyte Elects Two New Board Members to Strengthen Expertise and Drive Growth

      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

      2/18/25 8:00:00 AM ET
      $ALLT
      $BLRX
      $CGEN
      $CGNT
      Computer Communications Equipment
      Telecommunications
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Allot Appoints Liat Nahum as New Chief Financial Officer

      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

      5/29/24 3:17:07 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications
    • Allot Announces the Appointment of Eyal Harari as Chief Executive Officer

      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

      5/6/24 7:22:44 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications

    $ALLT
    Financials

    Live finance-specific insights

    See more
    • Allot to Release First Quarter 2025 Results and Host Conference Call on May 12, 2025

      Hod Hasharon, Israel, April 28, 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 (CSPs) and enterprises, announced today that it will host a conference call to discuss its first quarter 2025 results on Monday, May 12, 2025 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: +972-3-918-0644 A live we

      4/28/25 5:05:41 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications
    • Allot Announces Fourth Quarter 2024 Financial Results

      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

      2/25/25 6:30:00 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications
    • Allot to Release Fourth Quarter & Full Year 2024 Results and Host Conference Call on February 25, 2025

      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: +

      2/5/25 9:08:17 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications

    $ALLT
    SEC Filings

    See more
    • SEC Form EFFECT filed by Allot Ltd.

      EFFECT - Allot Ltd. (0001365767) (Filer)

      4/4/25 12:15:27 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications
    • SEC Form F-3 filed by Allot Ltd.

      F-3 - Allot Ltd. (0001365767) (Filer)

      3/27/25 4:22:36 PM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications
    • SEC Form 20-F filed by Allot Ltd.

      20-F - Allot Ltd. (0001365767) (Filer)

      3/27/25 9:50:25 AM ET
      $ALLT
      Computer Communications Equipment
      Telecommunications