Allot Taps Eyal Harari of Radcom Ltd as CEO, Effective May 6, 2024, Replacing Erez Antebi

5/6/24 7:25:54 AM ET

Computer Communications Equipment

Telecommunications

Get the next $ALLT alert in real time by email

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.

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

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

More analyst ratings

$ALLT
Leadership Updates

Live Leadership Updates

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
Allot Announces Appointment of David Reis as Chairman of the Board
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
9/27/23 7:05:04 AM ET
$ALLT
Computer Communications Equipment
Telecommunications

Allot Announces Third Quarter 2024 Financial Results
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
11/19/24 6:30:00 AM ET
$ALLT
Computer Communications Equipment
Telecommunications
Vodafone UK Launches Cyber Protection Services for Fixed Broadband Subscribers Powered by Allot Secure
Hod Hasharon, Israel, Nov. 12, 2024 (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, has today announced that Vodafone UK has recently launched Secure Net Home, extending network-native, next generation threat protection and content control services to their fixed broadband customers using Allot's award winning HomeSecure solution. Eyal Harari, CEO of Allot said: "HomeSecure, a member of the Allot Secure family, is a next generation cybersecurity solution from Allot which protects the subscriber's broadband network an
11/12/24 5:07:12 AM ET
$ALLT
Computer Communications Equipment
Telecommunications
Portugal's MEO to Deploy Allot HomeSecure for Their Fixed Broadband Customers in Addition to Existing Mobile Cybersecurity Services Based on Allot NetworkSecure
Hod Hasharon, Israel, Nov. 07, 2024 (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 Portugal's MEO will deploy a new security service named Casa Segura for its fixed broadband consumer customers. The service will be based on Allot HomeSecure, an Allot solution that was chosen by MEO in a deal that was signed late in 2023. Allot and MEO have agreed to a subscription-based business model, wherein Allot will be a partner for MEO's consumer security needs. This unified experience will be facilitated
11/7/24 5:18:56 AM ET
$ALLT
Computer Communications Equipment
Telecommunications

$ALLT
Financials

Live finance-specific insights

Allot Announces Third Quarter 2024 Financial Results
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
11/19/24 6:30:00 AM ET
$ALLT
Computer Communications Equipment
Telecommunications
Allot to Release Third Quarter 2024 Earnings and Host Conference Call on November 19, 2024
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
10/31/24 5:31:24 AM ET
$ALLT
Computer Communications Equipment
Telecommunications
Allot Announces Second Quarter 2024 Financial Results
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
8/27/24 6:30:00 AM ET
$ALLT
Computer Communications Equipment
Telecommunications

Allot Taps Eyal Harari of Radcom Ltd as CEO, Effective May 6, 2024, Replacing Erez Antebi

Chat with this insight

Recent Analyst Ratings for
$ALLT

$ALLT
Leadership Updates

Live Leadership Updates

Allot Appoints Liat Nahum as New Chief Financial Officer

Allot Announces the Appointment of Eyal Harari as Chief Executive Officer

Allot Announces Appointment of David Reis as Chairman of the Board

$ALLT
Press Releases

Fastest customizable press release news feed in the world

Allot Announces Third Quarter 2024 Financial Results

Vodafone UK Launches Cyber Protection Services for Fixed Broadband Subscribers Powered by Allot Secure

Portugal's MEO to Deploy Allot HomeSecure for Their Fixed Broadband Customers in Addition to Existing Mobile Cybersecurity Services Based on Allot NetworkSecure

$ALLT
Market Insights

Live Market Insights

Allot shares are trading lower after the company reported Q1 results, reiterated FY24 guidance and named new CFO.

Allot Reiterated Adj Operating Profit and Net Cash Flow Breakeven in FY24, Continued Yearly Double-Digit Growth of SECaaS Revenues and ARR

Allot Q1 2024 Adj EPS $(0.03) Beats $(0.11) Estimate, Sales $21.890M Beat $19.100M Estimate

$ALLT
SEC Filings

SEC Form 6-K filed by Allot Ltd.

SEC Form 6-K filed by Allot Ltd.

SEC Form 6-K filed by Allot Ltd.

$ALLT
Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G filed by Allot Ltd.

Amendment: SEC Form SC 13G/A filed by Allot Ltd.

Amendment: SEC Form SC 13D/A filed by Allot Ltd.

$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.

Allot Comms upgraded by Northland Capital with a new price target

Allot Comms downgraded by Lake Street

Allot Comms downgraded by BofA Securities with a new price target

$ALLT
Financials

Live finance-specific insights

Allot Announces Third Quarter 2024 Financial Results

Allot to Release Third Quarter 2024 Earnings and Host Conference Call on November 19, 2024

Allot Announces Second Quarter 2024 Financial Results

Allot Taps Eyal Harari of Radcom Ltd as CEO, Effective May 6, 2024, Replacing Erez Antebi

Chat with this insight

Recent Analyst Ratings for $ALLT

$ALLT Leadership Updates

Live Leadership Updates

Allot Appoints Liat Nahum as New Chief Financial Officer

Allot Announces the Appointment of Eyal Harari as Chief Executive Officer

Allot Announces Appointment of David Reis as Chairman of the Board

$ALLT Press Releases

Fastest customizable press release news feed in the world

Allot Announces Third Quarter 2024 Financial Results

Vodafone UK Launches Cyber Protection Services for Fixed Broadband Subscribers Powered by Allot Secure

Portugal's MEO to Deploy Allot HomeSecure for Their Fixed Broadband Customers in Addition to Existing Mobile Cybersecurity Services Based on Allot NetworkSecure

$ALLT Market Insights

Live Market Insights

Allot shares are trading lower after the company reported Q1 results, reiterated FY24 guidance and named new CFO.

Allot Reiterated Adj Operating Profit and Net Cash Flow Breakeven in FY24, Continued Yearly Double-Digit Growth of SECaaS Revenues and ARR

Allot Q1 2024 Adj EPS $(0.03) Beats $(0.11) Estimate, Sales $21.890M Beat $19.100M Estimate

$ALLT SEC Filings

SEC Form 6-K filed by Allot Ltd.

SEC Form 6-K filed by Allot Ltd.

SEC Form 6-K filed by Allot Ltd.

$ALLT Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G filed by Allot Ltd.

Amendment: SEC Form SC 13G/A filed by Allot Ltd.

Amendment: SEC Form SC 13D/A filed by Allot Ltd.

$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.

Allot Comms upgraded by Northland Capital with a new price target

Allot Comms downgraded by Lake Street

Allot Comms downgraded by BofA Securities with a new price target

$ALLT Financials

Live finance-specific insights

Allot Announces Third Quarter 2024 Financial Results

Allot to Release Third Quarter 2024 Earnings and Host Conference Call on November 19, 2024

Allot Announces Second Quarter 2024 Financial Results

Recent Analyst Ratings for
$ALLT

$ALLT
Leadership Updates

$ALLT
Press Releases

$ALLT
Market Insights

$ALLT
SEC Filings

$ALLT
Large Ownership Changes

$ALLT
Analyst Ratings

$ALLT
Financials