Allot Communications: Q2 Earnings Snapshot

US

HOD-HASHARON, Israel (AP) — HOD-HASHARON, Israel (AP) — Allot Communications Ltd. (ALLT) on Tuesday reported a loss of $3.4 million…

HOD-HASHARON, Israel (AP) — HOD-HASHARON, Israel (AP) — Allot Communications Ltd. (ALLT) on Tuesday reported a loss of $3.4 million in its second quarter.

The Hod-Hasharon, Israel-based company said it had a loss of 9 cents per share. Losses, adjusted for stock option expense and amortization costs, were 2 cents per share.

The internet protocol services company posted revenue of $22.2 million in the period.

The company’s shares closed at $3.48. A year ago, they were trading at $2.19.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALLT at https://www.zacks.com/ap/ALLT

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