0
General

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.

Thank you for visiting Telecompaper

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

Please login or register to leave a 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

APAC mobile operator picks Allot for 5G network protection against DDoS, botnet attacks

Published 10 Jun 2021 11:45 CET | Asia
Allot has announced that a Tier-1 mobile operator in APAC has selected the Allot 5G NetProtect service to provide User Plane ...

Dish picks Allot to protect OpenRAN-based 5G network

Published 07 Apr 2021 12:58 CET | United States
Dish Network chose Allot to provide User Plane Protection (UPP) against DDoS and botnet attacks on its cloud-native, ...

Allot Traffic Management platform selected by broadband provider in Japan

Published 17 Feb 2021 09:16 CET | Japan
Allot said its SmartTraffic QoE platform was selected by a Japanese broadband provider. The platform, which provides network ...

Allot tops FY outlook, sees further revenue growth in 2021

Published 09 Feb 2021 16:46 CET | World
Allot reported fourth-quarter revenues up 28 percent year-on-year to USD 39.1 million. This put the company at the top of its ...

Allot narrows Q1 losses as revenues rise 16%

Published 12 May 2020 13:50 CET | World
Allot reported improved results for the first quarter, lifting revenues and narrowing losses. The company again reiterated its ...