Allot Communications (NASDAQ:ALLT) Releases Quarterly Earnings Results

Allot Communications (NASDAQ:ALLT) released its quarterly earnings results on Monday. The communications equipment provider reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.04, Zacks reports. Allot Communications had a negative return on equity of 48.04% and a negative net margin of 26.69%.

Allot Communications Trading Up 15.8%

NASDAQ ALLT opened at $7.34 on Monday. 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 stock’s 50 day moving average is $5.71 and its 200 day moving average is $5.84. Allot Communications has a twelve month low of $2.02 and a twelve month high of $9.44. The firm has a market capitalization of $290.12 million, a PE ratio of -10.38 and a beta of 1.21.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Allot Communications from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th.

About Allot Communications

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.