Allot Communications (NASDAQ:ALLT) Releases Earnings Results, Beats Estimates By $0.07 EPS

Allot Communications (NASDAQ:ALLT) released its quarterly earnings data on Tuesday. The communications equipment provider reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.07, Zacks reports. The firm had revenue of $24.91 million for the quarter, compared to the consensus estimate of $24.40 million. Allot Communications had a negative return on equity of 48.04% and a negative net margin of 26.69%.

Allot Communications Trading Down 5.5 %

Allot Communications stock traded down $0.35 during trading hours on Thursday, reaching $5.98. The stock had a trading volume of 153,297 shares, compared to its average volume of 1,039,350. The company has a fifty day simple moving average of $7.25 and a 200-day simple moving average of $4.86. Allot Communications has a 52 week low of $1.92 and a 52 week high of $9.44. The stock has a market cap of $229.69 million, a PE ratio of -9.01 and a beta of 1.05. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.32 and a quick ratio of 2.06.

Analyst Ratings Changes

Separately, StockNews.com raised Allot Communications from a “hold” rating to a “buy” rating in a research note on Saturday, February 15th.

Allot Communications Company Profile

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.