Allot Communications (ALLT) Reports In-Line Q2 Loss
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Allot Communications Announces Authorization of Share Repurchase Program of up to $15 Million
August 4, 2015 2:35 AM EDTHOD HASHARON, Israel, Aug. 4, 2015 /PRNewswire/ -- Allot Communications Ltd. (NASDAQ, TASE: ALLT), a leading global provider of intelligent broadband solutions that empowers communication service providers to optimize and monetize their networks, enterprises to enhance productivity and consumers to improve their digital lifestyle, announced today that its Board of Directors has approved a program for the Company to repurchase up to $15 million of its outstanding ordinary shares. Under Israeli law, commencement of repurchases is subject to court approval. As of June 30, 2015 Allot had... More
Allot Communications Announces Second Quarter 2015 Financial Results
August 4, 2015 2:30 AM EDTHOD HASHARON, Israel, Aug. 4, 2015 /PRNewswire/ --Â Allot Communications Ltd. (NASDAQ, TASE: ALLT), a leading global provider of intelligent broadband solutions that empowers communication service providers to optimize and monetize their networks, enterprises to enhance productivity and consumers to improve their digital lifestyle, today announced its second quarter 2015 results.Â
Q2 2015 Financial Highlights:
Non-GAAP Revenues were $21.6 million, down 23% year over year Non-GAAP Gross Margin reached 74% Non-GAAP Operating loss was 14% Book-to-bill... More