Brief: Allot Says Q1 Revenue Rose 6 Percent To $31.2 Mln

Allot

11/05/2021 10:03

May 11 (Reuters) - 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 

 ((Reuters.Briefs@thomsonreuters.com;))