Allot earnings missed by $0.08, revenue fell short of estimates

Investing.com – Allot (NASDAQ: ) reported first quarter EPS of $-0.21, $0.08 worse than the analyst estimate of $-0.13. Revenue for the quarter came in at $21.1M versus the consensus estimate of $31.25M.

Guidance

Allot sees FY 2023 revenue of $110.00M-$120.00M versus the analyst consensus of $113.40M.

Allot’s stock price closed at $2.80. It is down -20.00% in the last 3 months and down -45.10% in the last 12 months.

Allot saw 0 positive EPS revisions and 3 negative EPS revisions in the last 90 days. See Allot’s stock price’s past reactions to earnings here.

According to InvestingPro, Allot’s Financial Health score is “weak performance”.

Check out Allot’s , and Allot’s financials here.

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