Allot Q1 2024 Adj EPS $(0.03) Beats $(0.11) Estimate, Sales $21.890M Beat $19.100M Estimate
Portfolio Pulse from Benzinga Newsdesk
Allot (NASDAQ:ALLT) reported better-than-expected Q1 2024 results with an adjusted EPS of $(0.03) beating the $(0.11) estimate and sales of $21.890 million surpassing the $19.100 million estimate.
May 29, 2024 | 9:01 am
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Allot (NASDAQ:ALLT) reported Q1 2024 adjusted EPS of $(0.03), significantly beating the $(0.11) estimate. Sales also exceeded expectations at $21.890 million compared to the $19.100 million estimate.
Allot's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. The significant beat on both EPS and sales indicates strong performance and could boost investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100