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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