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ALLT Allot News Story

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Cybersecurity firm Allot's Q3 revenue up 14%; raises FY 2025 revenue forecast

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

MetricBeat/MissActualConsensus Estimate
Q3 RevenueBeat$26.41 mln$26 mln (2 Analysts)
Q3 Net Income$2.82 mln
Q3 Pretax ProfitBeat$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 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (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.)

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