Barclays Downgrades Allot Communications (ALLT) to Underweight
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Allot Communications Reports Non-GAAP 4.4% Revenue Growth for Q1 2015
May 5, 2015 2:45 AM EDTHOD HASHARON, Israel, May 5, 2015 /PRNewswire/ -- Allot Communications Ltd. (NASDAQ: ALLT), a leading supplier of service optimization and revenue generation solutions for fixed and mobile broadband operators and cloud providers worldwide, today announced its first quarter 2015 results, with non-GAAP revenues reaching $29.5 million.
Q1 2015 Financial Highlights:
Non-GAAP Revenues were $29.5 million, up 4.4% year over year Non-GAAP Gross Margin reached 76% Non-GAAP Operating Margin was 10% Book-to-bill was below one The Company generated $2.1 million of Operating Cash Flow Net Cash as of March 31, 2015 totaled... More