Allot Communications (NASDAQ:ALLT) Posts Earnings Results, Beats Expectations By $0.07 EPS

Allot Communications (NASDAQ:ALLT) issued its earnings results on Tuesday. The communications equipment provider reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.07, Zacks reports. Allot Communications had a negative net margin of 26.69% and a negative return on equity of 48.04%.

Allot Communications Trading Down 2.4 %

Allot Communications stock opened at $6.61 on Tuesday. The firm has a market cap of $254.10 million, a PE ratio of -10.17 and a beta of 1.05. Allot Communications has a 12 month low of $1.78 and a 12 month high of $9.44. The stock’s 50 day simple moving average is $7.16 and its two-hundred day simple moving average is $4.82. The company has a current ratio of 2.32, a quick ratio of 2.06 and a debt-to-equity ratio of 0.83.

Analyst Ratings Changes

Separately, StockNews.com raised Allot Communications from a “hold” rating to a “buy” rating in a research report on Saturday, February 15th.

Allot Communications Company Profile

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.