Hod Hasharon, Israel, May 09, 2024 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:ALLT, TASE: ALLT))), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, announced today that it will host a conference call to discuss its first quarter 2024 results on Wednesday, May 29, 2024 at 9:00AM ET (2:00PM UK, 4:00PM Israel). The unaudited financial results of the quarter will be published prior to the commenceme ...

Hod Hasharon, Israel, May 06, 2024 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:ALLT, TASE: ALLT))), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced the appointment of Eyal Harari as its Chief Executive Officer effective May 6, 2024.  He will be replacing Mr. Erez Antebi.  At the request of the company's Board of Directors, Mr. Antebi has agreed to assist Mr. Harari during a transition period and thereafter, to co ...

Hod Hasharon, Israel, April 11, 2024 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:ALLT, TASE: ALLT))), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced that its Chief Financial Officer, Ziv Leitman, is leaving the company to assume the position of Chief Financial Officer at a promising start up company in a different field of activity. The Company has commenced a formal search for a new Chief Financial Officer. To ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Ordinary Shares, par value ILS 0.10 per share ALLT The Nasdaq Stock Market, LLC FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSU ...

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Hod Hasharon, Israel, March 06, 2024 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ:ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and converged network-native security solutions for communication service providers and enterprises, today announced that Frost & Sullivan has recognized Allot as the 2024 Customer Value Leader in the SOHO and consumer space for its contribution to CSP security. Frost & Sullivan Best Practices Awards recognize companies in various regional and global ma ...

Allot Ltd. (NASDAQ:ALLT) Q4 2023 Earnings Conference Call February 15, 2024 8:30 AM ET Company Participants Kenny Green - EK Global Investor Relations Erez Antebi - President and Chief Executive Officer Ziv Leitman - Chief Financial Officer Conference Call Participants Nehal Chokshi - Northland Capital Markets Rory Wallace - Outerbridge Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to Allot's Fourth Quarter 2023 Results Conference Call. All participants are present in listen-only ...

Allot Communications (ALLT) came out with a quarterly loss of $0.43 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -207.14%. A quarter ago, it was expected that this internet protocol services company would post a loss of $0.35 per share when it actually produced a loss of $0.28, delivering a surprise of 20%.Over the last four qua ...

Core Viewpoint - Allot Ltd. reported a challenging financial performance for Q4 and full-year 2023, with significant revenue declines and net losses, while emphasizing growth in its Security as a Service (SECaaS) segment. Financial Highlights - Q4 2023 revenues were $24.3 million, a decrease of 26.3% from $33.0 million in Q4 2022 [5] - Full-year 2023 revenues totaled $93.2 million, down 24.1% from $122.7 million in 2022 [7] - SECaaS revenues for Q4 were $3.2 million, up 41.5% year-over-year, and for FY 2023 were $10.6 million, an increase of 48.4% year-over-year [2] - Q4 GAAP net loss was $18.3 million, or $0.48 per share, compared to a net loss of $6.7 million, or $0.18 per share, in Q4 2022 [5][6] - Full-year 2023 GAAP net loss was $62.8 million, or $1.66 per share, compared to a net loss of $32.0 million, or $0.87 per share, in 2022 [8] Management Outlook - For 2024, management expects to achieve non-GAAP operating profit and free cash flow breakeven [3] - Continued double-digit growth in SECaaS revenues and Annual Recurring Revenue (ARR) is anticipated [3] Management Commentary - CEO Erez Antebi highlighted the significant challenges faced in 2023 due to macroeconomic conditions and service provider spending, while emphasizing efforts to align expenses with expected revenue levels [4] Performance Metrics - As of December 31, 2023, SECaaS ARR was $12.7 million [2] - Cash, short-term bank deposits, and investments totaled $54.9 million, down from $86.4 million as of December 31, 2022 [8]

HOD HASHARON, Israel , Jan. 11, 2024 /PRNewswire/ -- Allot Ltd. (NASDAQ: ALLT), (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced preliminary unaudited financial results for the year ended December 31, 2023. Allot expects revenues, SECaaS revenues, and Total ARR to be within the guidance range the company provided on November 16, 2023. As of December 31, 2023, cash, bank deposits, and marketable ...