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BRIEF-Allot Says Q1 Revenue Rose 6 Percent To $31.2 Mln

05/11/2021 05:03
BRIEF-Allot Says Q1 Revenue Rose 6 Percent To $31.2 Mln

- Allot Ltd ALLT.TA:

  • ALLOT ANNOUNCES FIRST QUARTER 2021 FINANCIAL RESULTS

  • Q1 LOSS PER SHARE $0.11

  • Q1 REVENUE ROSE 6 PERCENT TO $31.2 MILLION

  • Q1 NON-GAAP LOSS PER SHARE $0.06

  • MANAGEMENT CONTINUES TO EXPECT 2021 REVENUES TO GROW TO BETWEEN $145 MILLION -$150 MILLION

  • MANAGEMENT CONTINUES TO EXPECT TO CLOSE RECURRING SECURITY DEALS IN 2021 WITH AN MAR EXPECTED TO EXCEED $180 MILLION

  • MANAGEMENT CONTINUES TO EXPECT RECURRING SECURITY REVENUES IN 2021 TO BE AT LEAST $6 MILLION, AND AROUND $25 MILLION IN 2022

Source text for Eikon: ID:nPn3kG1sNa

Further company coverage: ALLT.TA


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