Why Needham Backed Allot in November After a Decade-High Profit Quarter

Core Viewpoint - Allot Ltd. has demonstrated strong financial performance, achieving its highest profitability in over a decade, driven by growth in cybersecurity solutions and network intelligence offerings [2]. Group 1: Financial Performance - Allot reported Q3 revenue of $26.4 million, reflecting a 14% year-over-year increase [2]. - The company achieved non-GAAP operating income of $3.7 million in Q3 [2]. - SECaaS (cybersecurity-as-a-service) accounted for 28% of quarterly revenue, with an annual recurring revenue (ARR) of $27.6 million, marking a 60% year-over-year growth [2]. Group 2: Future Guidance - Allot raised its full-year 2025 revenue guidance to a range of $100 million to $103 million, citing positive momentum in its cybersecurity and network-intelligence solutions [2]. Group 3: Company Overview - Allot Ltd. is an Israel-based provider of converged cybersecurity solutions and network intelligence, serving over 500 service providers and more than 1,000 enterprises globally [3].