Allot Communications (NASDAQ:ALLT) Posts Earnings Results, Beats Estimates By $0.07 EPS

Allot Communications (NASDAQ:ALLT) announced its quarterly earnings data on Tuesday. The communications equipment provider reported $0.02 EPS for the quarter, topping analysts’ consensus estimates 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 Down 2.4 %

Shares of NASDAQ ALLT opened at $6.61 on Tuesday. The business has a 50-day moving average of $7.16 and a two-hundred day moving average of $4.82. The company has a market capitalization of $254.10 million, a price-to-earnings ratio of -10.17 and a beta of 1.05. Allot Communications has a 1 year low of $1.78 and a 1 year high of $9.44. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.32 and a quick ratio of 2.06.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Allot Communications from a “hold” rating to a “buy” rating in a 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.