allot communications ltd
(ALLT:NASDAQ GS)
allot communications ltd (ALLT) Snapshot
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Open
$12.10
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Previous Close
$12.22
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Day High
$12.35
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Day Low
$11.91
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52 Week High
09/10/12 - $29.05
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52 Week Low
04/22/13 - $10.75
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Market Cap
395.4M
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Average Volume 10 Days
485.4K
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EPS TTM
$-0.08
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Shares Outstanding
32.5M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
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Allot Communications Ltd. develops, markets, and sells intelligent Internet protocol service optimization solutions in the United States, the Middle East, Africa, Europe, Asia, Oceania, and rest of the Americas. The company offers high-performance platforms, including Allot Service Gateway platform that integrates network intelligence, policy enforcement, and revenue-generating services for fixed, mobile, and converged broadband networks; and Allot NetEnforcer, a bandwidth management device, which monitors and manages network traffic. It also provides subscriber management platform suite consisting of Allot TierManager, Allot QuotaManager, and Allot ChargeSmart, which drives the centralized creation, provisioning, and pricing of subscriber services; and analytics solutions comprising Allot Data Mediator and Allot Proactive Analytics that analyze traffic data. In addition, it offers video caching and optimization solutions for over-the-top video delivery, which includes Allot MediaSwift E and Allot VideoClass; security solutions comprising Allot WebSafe and Allot ServiceProtector for protecting network service integrity and brand reputation; and centralized management solutions, such as NetXplorer Analytics and Reporting, NetXplorer Data Collector, NetAccounting Server, and NetPolicy Provisioner for providing a central access point for network-wide monitoring, reporting, analytics, troubleshooting, accounting, and quality of service policy provisioning. The company markets and sells its products through direct sales, distributors, resellers, original equipment manufacturers, and system integrators to carriers, mobile operators, cable operators, educational institutions, governments, and enterprises, as well as wireless, wireline, and satellite Internet service providers. The company was formerly known as Ariadne Ltd. and changed its name to Allot Communications Ltd. in September 1997. Allot Communications Ltd. was founded in 1996 and is based in Hod-Hasharon, Israel.
allot communications ltd (ALLT) Key Developments
Allot Communications Ltd. reported consolidated unaudited earnings results for the first quarter ended March 31, 2013. On a non-GAAP basis, total revenues for the first quarter of 2013 reached $24.2 million, compared with $24.2 million of revenue reported for the first quarter of 2012 and $28.5 million of revenue reported for the fourth quarter of 2012. On a non-GAAP basis, net profit for the first quarter of 2013 was $0.6 million, or $0.02 per basic and diluted share. This compares with non-GAAP net profit of $5.0 million, or $0.16 per basic share, and $0.15 per diluted share, in the first quarter of 2012 and non-GAAP net profit of $4.6 million, or $0.14 per basic and diluted share, in the fourth quarter of 2012. Total GAAP revenues for the first quarter of 2013 reached $24.1 million compared to $24.2 million of revenue reported for the first quarter of 2012 and $26.4 million of revenue reported for the fourth quarter of 2012. On a GAAP basis, the net loss for the first quarter of 2013 was $1.8 million, or a net loss of $0.06 per basic and diluted share. This compares with net profit of $3.2 million, or $0.10 per basic and diluted share, in the first quarter of 2012, and a net loss of $15.1 million, or a net loss of $0.46 per basic and diluted share, in the fourth quarter of 2012. Loss before tax expenses was $1.806 million against $3.239 million a year ago. Net cash used in operating activities was $7.563 million against net cash provided by used in operating activities of $4.402 million a year ago. Purchase of property and equipment was $0.856 million against $0.703 million a year ago.
Allot Communications Ltd. announced the appointment of Dov Baharav to the company's Board of Directors. The appointment is effective beginning April 30, 2013. Baharav joined Amdocs in 1991 and subsequently served in a variety of senior management positions, including President of Amdocs' principal US subsidiary, Amdocs Inc., and Chief Financial Officer and then CEO of Amdocs Management Limited. Baharav also serves as the Chairman of the board of directors of Israel Aerospace Industries Ltd., a position he has held since July 2011.
Allot Communications Ltd. Presents at Jefferies 2013 Global Technology, Media and Telecom Conference, May-09-2013 09:00 AM. Venue: The Westin New York, Times Square Hotel, New York, New York, United States. Speakers: Rami Rozen, Assistant Vice President of Corporate Development.
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