Brief: Allot Says Q4 Revenue Fell 19% To $33 Mln

Allot

28/02/2023 10:07

Feb 28 (Reuters) - Allot Ltd  ALLT.TA :
    * ALLOT ANNOUNCES FOURTH QUARTER & FULL YEAR 2022 FINANCIAL
RESULTS
    * Q4 REVENUE FELL 19 PERCENT TO $33.0 MILLION
    * FULL YEAR 2023 REVENUES OF $110 MILLION TO $120 MILLION
(OF
WHICH SECAAS REVENUE ARE EXPECTED TO BE BETWEEN $11 MILLION AND
$13 MILLION).
    * REITERATES EXPECTATIONS TO BE PROFITABLE IN 2024
    * NET LOSS ON A GAAP BASIS FOR Q4 OF 2022 $0.18 PER BASIC
SHARE
    * NET LOSS ON A NON-GAAP FOR Q4 OF 2022 $0.13 PER BASIC
SHARE

Source text for Eikon:  ID:nPn3s4nWCa 
Further company coverage:  ALLT.TA 

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