Wunderlich Securities Downgrades Allot Communications (ALLT) to Hold

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. RNG
2. DECK
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to Wunderlich Securities Downgrades Allot Communications (ALLT) to Hold

Allot Communications Announces First Quarter 2016 Financial Results

May 3, 2016 2:45 AM EDT

HOD HASHARON, Israel, May 3, 2016 /PRNewswire/ -- Allot Communications Ltd. (NASDAQ, TASE: ALLT), a leading global provider of security and monetization solutions that enable service providers to protect and personalize the digital experience, today announced its first quarter 2016 financial results.

 Q1 2016 Financial Highlights:

GAAP revenues were $22.9, Non-GAAP revenues were $23.0 million, down 22% year over year GAAP gross margin was 69%, Non-GAAP gross margin was 70% GAAP operating margin was negative 18%, Non-GAAP operating margin  was negative 8%... More