Allot Communications (NASDAQ:ALLT) Issues Earnings Results

Allot Communications (NASDAQ:ALLT - Get Free Report) posted its quarterly earnings results on Monday. The communications equipment provider reported ($0.01) earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.04, Zacks reports. The company had revenue of $23.15 million for the quarter, compared to the consensus estimate of $20.20 million. Allot Communications had a negative return on equity of 48.04% and a negative net margin of 26.69%.

Allot Communications Trading Up 2.5%

Allot Communications stock traded up $0.20 during mid-day trading on Friday, hitting $8.26. 517,617 shares of the company's stock were exchanged, compared to its average volume of 413,930. The firm has a market capitalization of $326.53 million, a P/E ratio of -12.71 and a beta of 1.21. Allot Communications has a fifty-two week low of $2.02 and a fifty-two week high of $9.44. The company has a quick ratio of 2.06, a current ratio of 2.32 and a debt-to-equity ratio of 0.83. The company's 50 day simple moving average is $5.99 and its 200-day simple moving average is $5.97.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Allot Communications from a "hold" rating to a "buy" rating in a research note on Tuesday.

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.