0
General

Allot Communications sees further drop in revenue in 2017

Tuesday 7 February 2017 | 13:44 CET | News
Allot Communications reported revenues for 2016 in line with its reduced outlook and said it expects a further drop in sales this year. Sales fell to USD 90.4 million last year from USD 100.0 million in 2015, in line with the company's forecast of USD 87-90 million issued in November. For 2017, Allot forecast sales of USD 80-84 million, saying it expects the second half to be better than H1 and a book-to-bill ratio of over 1 for the year. In the fourth quarter, revenues fell to USD 23.5 million from USD 25.4 million a year earlier, while the company moved to a net profit of USD 0.9 million

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Allot
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Allot Communications Q1 revenue falls to USD 18.4 mln

Published 10 May 2017 09:29 CET | Israel
Allot Communications said total revenues for the third quarter ending 31 March declined to USD 18.4 million from USD 22.9 million ...

Allot Communications appoints new EVP for global sales

Published 05 May 2017 10:33 CET | Israel
Allot Communications has appointed Ran Fridman as its new Executive Vice President of Global Sales. . Fridman will lead Allot's ...

Telefonica picks Allot Communications for network security

Published 22 Feb 2017 13:41 CET | World
Allot Communications has announced a contract to help Telefonica provide network-based security services and improved user ...

Allot names Antebi as president, CEO

Published 03 Jan 2017 17:54 CET | World
Allot Communications named Erez Antebi as president and CEO. He will replace Andrei Elefant on 1 February. At the request of the ...

Allot cuts FY revenue outlook again

Published 01 Nov 2016 15:24 CET | World
Allot Communications has again cut its full-year outlook after weak results in the third quarter. The company said market ...

Allot cuts FY sales outlook after weak Q2 orders

Published 02 Aug 2016 12:49 CET | World
Allot Communications reported second-quarter revenues up 6 percent year-on-year to USD 23 million. The company's net loss ...





Calendar   /   Industry Events

22 Jul NOS Q2 2019
22 Jul Logitech fiscal Q1
23 Jul Megacable Q2 2019
23 Jul Calix Q2 2019
23 Jul Iridium Q2 2019
23 Jul Snap Q2 2019
23 Jul AudioCodes Q2 2019
23 Jul Vodafone AGM
24 Jul Mellanox Technologies Q2 2019
24 Jul Netgear Q2 2019
24 Jul Telekom Slovenije Q2 2019
24 Jul Orange Poland Q2 2019
24 Jul AT&T Q2 2019
24 Jul Orange Belgium Q2 2019
24 Jul F5 Networks fiscal Q3
24 Jul Altigen Communications fiscal Q3
24 Jul Facebook Q2 2019
24 Jul Line Q2 2019
24 Jul KPN Q2 2019
24 Jul Telefonica Deutschland Q2 2019
24 Jul Technicolor H1 results
25 Jul Comcast Q2 2019
25 Jul Juniper Networks Q2 2019
25 Jul Orange Q2 2019
25 Jul Alphabet Q2 2019
25 Jul STMicroelectronics Q2 2019
25 Jul Maxlinear Q2 2019
25 Jul Telefonica Q2 2019
25 Jul Amazon Q2 2019
25 Jul Smith Micro Q2 2019
::: More Calendar Items