Allot Communications (ALLT) Scheduled to Post Quarterly Earnings on Tuesday

Allot Communications (NASDAQ:ALLT) will release its earnings data before the market opens on Tuesday, November 19th. Analysts expect Allot Communications to post earnings of ($0.03) per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Allot Communications (NASDAQ:ALLT) last announced its quarterly earnings data on Tuesday, August 27th. The communications equipment provider reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.01. Allot Communications had a negative net margin of 40.18% and a negative return on equity of 67.44%. The firm had revenue of $22.16 million during the quarter, compared to analysts’ expectations of $22.30 million. On average, analysts expect Allot Communications to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Allot Communications Trading Down 5.2 %

Shares of ALLT opened at $3.49 on Monday. The firm’s 50-day moving average is $3.23 and its two-hundred day moving average is $2.84. Allot Communications has a twelve month low of $1.19 and a twelve month high of $4.11. The company has a current ratio of 2.40, a quick ratio of 2.13 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $134.16 million, a P/E ratio of -3.64 and a beta of 1.04.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. StockNews.com cut Allot Communications from a “buy” rating to a “hold” rating in a report on Tuesday, August 13th. Northland Securities upgraded shares of Allot Communications from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $2.25 to $13.00 in a research report on Monday, August 5th. Finally, Northland Capmk upgraded shares of Allot Communications from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 5th.

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.