Allot Communications: Q4 Earnings Snapshot

February 15, 2022 GMT

HOD-HASHARON, Israel (AP) _ Allot Communications Ltd. (ALLT) on Tuesday reported a loss of $4 million in its fourth quarter.

The Hod-Hasharon, Israel-based company said it had a loss of 11 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 6 cents per share.

The internet protocol services company posted revenue of $41 million in the period.

For the year, the company reported that its loss widened to $15 million, or 42 cents per share. Revenue was reported as $145.6 million.

Allot Communications expects full-year revenue in the range of $147 million to $153 million.

Allot Communications shares have fallen 18% since the beginning of the year. The stock has decreased 35% in the last 12 months.

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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