Overview
Allot Q3 revenue grows 14% yr/yr
SECaaS ARR grows 60% yr/yr, driven by cybersecurity solutions
Company raises full-year 2025 revenue guidance to $100-103 mln
Outlook
Allot raises full-year 2025 revenue guidance to $100-103 mln
Company expects SECaaS ARR growth to surpass 60% YoY
Result Drivers
SECaaS GROWTH - Allot reports 60% YoY growth in SECaaS ARR, contributing significantly to revenue increase
CYBERSECURITY STRATEGY - CEO attributes profitability and growth to cybersecurity-first strategy and strong customer engagement
NETWORK INTELLIGENCE - Revenue growth driven by strong performance in network intelligence offerings
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$26.41 mln
$26 mln (2 Analysts)
Q3 Net Income
$2.82 mln
Q3 Pretax Profit
Beat
$3.02 mln
$2.19 mln (2 Analysts)
Q3 Operating Expenses
$16.72 mln
Q3 Operating Income
$2.15 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Allot Ltd is $13.00, about 34.3% above its November 19 closing price of $8.54
The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 38 three months ago
Press Release: ID:nPn46cRk3a
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)