Cybersecurity firm Allot's Q2 revenue beats estimates, raises guidance

Reuters
Aug 14
Cybersecurity firm Allot's <a href="https://laohu8.com/S/QTWO">Q2</a> revenue beats estimates, raises guidance

Overview

  • Allot Q2 revenue grows 9% yr/yr, beating analyst expectations

  • SECaaS ARR up 73% yr/yr, driving revenue growth

  • Co raises full-year 2025 revenue guidance to $98-102 mln

Outlook

  • Allot raises 2025 revenue guidance to $98-102 mln

  • Company increases 2025 SECaaS ARR growth expectations to 55-60%

  • Landmark multi-year agreement with tier-1 EMEA telecom operator to boost revenue

Result Drivers

  • SECaaS GROWTH - SECaaS ARR increased 73% yr/yr, driving overall revenue growth, per CEO Eyal Harari

  • VERIZON PARTNERSHIP - Verizon Business's mobile offering, including Allot's SECaaS service, contributes to revenue growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Beat

$24.05 mln

$22.90 mln (1 Analyst)

Q2 EPS

-$0.04

Q2 Net Income

-$1.69 mln

Q2 Pretax Profit

Miss

-$1.36 mln

$300,000 (1 Analyst)

Q2 Operating Expenses

$17.74 mln

Q2 Operating Income

-$407,000

Analyst Coverage

  • The one available analyst rating on the shares is "buy"

  • The average consensus recommendation for the software peer group is "buy"

  • Wall Street's median 12-month price target for Allot Ltd is $15.00, about 47% above its August 13 closing price of $7.95

  • The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 66 three months ago

Press Release: ID:nPnbMJCXxa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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