Allot Communications (ALLT) Tops Q3 Earnings and Revenue Estimates
Portfolio Pulse from
Allot Communications (ALLT) reported Q3 earnings of $0.03 per share, surpassing the Zacks Consensus Estimate of a loss of $0.03 per share. This marks a significant improvement from a loss of $0.28 per share a year ago.
November 19, 2024 | 1:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Allot Communications reported better-than-expected Q3 earnings, with $0.03 per share compared to the expected loss of $0.03. This is a significant improvement from last year's loss of $0.28 per share.
The positive earnings surprise and significant year-over-year improvement are likely to boost investor confidence and positively impact ALLT's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100