Allot Communications (ALLT) Set to Announce Quarterly Earnings on Tuesday

Allot Communications (NASDAQ:ALLT) will be posting its quarterly earnings results before the market opens on Tuesday, November 19th. Analysts expect Allot Communications to post earnings of ($0.03) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Allot Communications (NASDAQ:ALLT) last announced its quarterly earnings results on Tuesday, August 27th. The communications equipment provider reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.01. Allot Communications had a negative net margin of 40.18% and a negative return on equity of 67.44%. The firm had revenue of $22.16 million during the quarter, compared to analysts’ expectations of $22.30 million. On average, analysts expect Allot Communications to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Allot Communications Trading Down 5.2 %

NASDAQ:ALLT opened at $3.49 on Friday. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.40 and a quick ratio of 2.13. Allot Communications has a 12 month low of $1.19 and a 12 month high of $4.11. The firm has a market capitalization of $134.16 million, a PE ratio of -3.64 and a beta of 1.04. The business’s 50-day moving average is $3.23 and its two-hundred day moving average is $2.83.

Analyst Ratings Changes

A number of research firms have weighed in on ALLT. Northland Securities upgraded Allot Communications from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $2.25 to $13.00 in a report on Monday, August 5th. Northland Capmk upgraded shares of Allot Communications from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 5th. Finally, StockNews.com downgraded shares of Allot Communications from a “buy” rating to a “hold” rating in a research note on Tuesday, August 13th.

About Allot Communications

Allot Communications Ltd. is a provider of leading innovative network intelligence and security solutions for service providers worldwide, enhancing value to their customers. Their solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more.