Allot's Earnings Beat Expectations at $0.06, with Profits Surpassing Projections

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Allot's Earnings Beat Expectations at $0.06, with Profits Surpassing Projections

According to Allot's (NASDAQ: ALLT) report, the earnings per share for the third quarter were $0.030, which is $0.06 better than analysts' expectations of -$0.030. The reported earnings for this quarter were determined to be $23.2 million, while analyst expectations were set at $22.8 million.

Allot's stock closed the day at $3.61, indicating a 7,290% increase over the past three months. It reflects a 161.230% increase in the last 12 months. Over the last 90 days, Allot has reported 1 positive earnings per share while showing 0 negative earnings per share.

Examine how Allot's stock price reacted to past earnings reports. According to InvestingPro, Allot's financial health score is rated as "Weak performance." Review the latest earnings reports for Allot and all of the company's financial information. Stay informed about all developments regarding financial statements by visiting the Investing.com Earnings Calendar.