Allot Communications (NASDAQ:ALLT) Posts Earnings Results, Beats Expectations By $0.04 EPS

Allot Communications (NASDAQ:ALLT - Get Free Report) announced its quarterly earnings data on Monday. The communications equipment provider reported ($0.01) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.05) by $0.04, Zacks reports. Allot Communications had a negative return on equity of 48.04% and a negative net margin of 26.69%.

Allot Communications Stock Up 2.6%

Shares of NASDAQ:ALLT opened at $6.34 on Monday. The business's 50 day moving average is $5.71 and its 200 day moving average is $5.84. The company has a quick ratio of 2.06, a current ratio of 2.32 and a debt-to-equity ratio of 0.83. Allot Communications has a 12-month low of $2.02 and a 12-month high of $9.44. The stock has a market cap of $250.63 million, a price-to-earnings ratio of -9.75 and a beta of 1.21.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Allot Communications from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th.

About Allot Communications

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.

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