Allot Communications (NASDAQ:ALLT - Get Free Report) issued its earnings results on Tuesday. The communications equipment provider reported $0.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.05) by $0.07, Zacks reports. The firm had revenue of $24.91 million during the quarter, compared to analyst estimates of $24.40 million. Allot Communications had a negative net margin of 26.69% and a negative return on equity of 48.04%.
Allot Communications Stock Up 1.4 %
Shares of ALLT stock traded up $0.08 during mid-day trading on Friday, hitting $5.92. The stock had a trading volume of 896,081 shares, compared to its average volume of 1,057,029. Allot Communications has a 12-month low of $1.96 and a 12-month high of $9.44. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.32 and a quick ratio of 2.06. The firm's 50-day moving average is $7.27 and its two-hundred day moving average is $4.87. The firm has a market capitalization of $227.58 million, a P/E ratio of -9.11 and a beta of 1.05.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded shares of Allot Communications from a "buy" rating to a "hold" rating in a research note on Thursday.
View Our Latest Report on Allot Communications
About Allot Communications
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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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