Allot Sees Q4 Revenues Of $20M-$25M Vs. Cons. $28.12M, Adj. Operating Loss Of $(4)M to $(6)M
Portfolio Pulse from Benzinga Newsdesk
Allot Communications Ltd. expects Q4 revenues to be between $20M-$25M, which is below the consensus estimate of $28.12M. The company also anticipates an adjusted operating loss of $4M to $6M for the same period.
November 16, 2023 | 10:08 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Allot Communications Ltd. is expected to report lower-than-expected Q4 revenues and an adjusted operating loss, which could negatively impact investor sentiment and the stock price in the short term.
The projected revenues are significantly below the consensus estimates, which can lead to a negative market reaction as investors adjust their expectations. The anticipated operating loss further compounds concerns about the company's profitability, likely resulting in downward pressure on the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100