Allot Communications (ALLT) to Release Quarterly Earnings on Tuesday

Allot Communications (NASDAQ:ALLT - Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, November 19th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Parties interested in registering for the company's conference call can do so using this link.

Allot Communications (NASDAQ:ALLT - Get Free Report) last announced its earnings results on Tuesday, August 27th. The communications equipment provider reported ($0.08) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.09) by $0.01. Allot Communications had a negative return on equity of 67.44% and a negative net margin of 40.18%. The company had revenue of $22.16 million for the quarter, compared to analyst estimates 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 Stock Down 2.9 %

NASDAQ:ALLT traded down $0.12 on Tuesday, hitting $3.91. 274,232 shares of the company's stock traded hands, compared to its average volume of 97,736. The company has a market cap of $150.30 million, a PE ratio of -4.19 and a beta of 1.04. Allot Communications has a 1 year low of $1.19 and a 1 year 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 50-day moving average price of $3.19 and a 200-day moving average price of $2.79.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ALLT. Northland Capmk raised shares of Allot Communications from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 5th. Northland Securities raised Allot Communications from a "market perform" rating to an "outperform" rating and upped their target price for the stock from $2.25 to $13.00 in a research report on Monday, August 5th. Finally, StockNews.com lowered Allot Communications from a "buy" rating to a "hold" rating in a report on Tuesday, August 13th.

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.