Allot reiterates FY outlook after higher revenues in Q1

Wednesday 12 May 2021 | 12:50 CET | News
Allot said revenues for the first quarter advanced 6 percent from the year before to USD 31.2 million. The net loss widened however to USD 4 million or USD 0.11 per basic share, from a loss of 1.7 million and 0.05 per share. The adjusted net loss also grew, to USD 2.2 million or USD 0.06 per basic share, from a loss of 0.4 million and 0.01 per share. The company ended the quarter with a cash position of USD 103.2 million, up from the 99.4 million recorded at the end of December.

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Categories: General
Companies: Allot
Countries: World
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