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

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

Allot Communications Stock Performance

NASDAQ:ALLT opened at $6.61 on Tuesday. Allot Communications has a 52 week low of $1.78 and a 52 week high of $9.44. The company has a fifty day simple moving average of $7.16 and a two-hundred day simple moving average of $4.82. The company has a quick ratio of 2.06, a current ratio of 2.32 and a debt-to-equity ratio of 0.83. The company has a market cap of $254.10 million, a price-to-earnings ratio of -10.17 and a beta of 1.05.

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.