Key Takeaways ALLT is expected to post Q4 revenues of $27.93M, up 12.2% Y/Y, with EPS of 7 cents.Allot's SECaaS ARR jumped about 60% Y/Y in Q3, lifting recurring revenues to 63% of total sales.ALLT trades at 4.21X forward sales, below sector and major cybersecurity peers.Allot Inc. (ALLT) is scheduled to report its fourth-quarter 2025 results on Feb. 25.The Zacks Consensus Estimate for Allot’s fourth-quarter 2025 revenues is pegged at $27.93 million, which implies growth of 12.2% from the year-ago reported ...

Key Takeaways CRWD expects fiscal 2026 revenue growth of 21-22%, down from 29% in fiscal 2025.ALLT's SECaaS ARR jumped 60% Y/Y, driving 14% sales growth and higher 2025 guidance.ALLT trades at 4.23X forward sales versus CRWD at 18.37X, offering a valuation edge.CrowdStrike (CRWD) and Allot Inc. (ALLT) are both at the forefront of the cybersecurity space, playing key roles in guarding organizations from extensive cyberattacks. While CrowdStrike specializes in endpoint protection and extended detection and re ...

公司2025年第三季度(截至2025年9月30日)财报显示营收2640.50万美元，同比增长13.64%，超出分析师 预期；净利润282.40万美元，实现扭亏为盈(去年同期亏损)。网络安全即服务(CCAS)业务收入730万美 元，同比增长60%，占总收入28%。公司上调2025年全年收入指引至1亿-1.03亿美元，并强调现金流稳 健(现金8100万美元，无债务)。 经济观察网艾奥特通讯(ALLT)近7天(2026年2月9日至2月13日)股价波动显著，5日累计涨幅5.53%，振幅 达11.89%。2月13日收盘价10.30美元，单日上涨3.41%，成交额136.88万美元；2月12日回调至9.96美 元，跌幅2.45%；2月10日曾冲高至10.79美元(当月最高)。波动主要受财报超预期及板块情绪驱动，表现 优于软件服务板块(同期涨0.70%)和纳斯达克指数(跌1.90%)。 财报分析 近期事件 公司近期无重大日程公告，但业务进展值得关注：CCAS业务年度经常性收入(ARR)预计同比增长超 60%，新产品Offnet Secure已获客户应用。管理层在2025年Q3业绩会中强调2026年将依托"网络安全优 先"战 ...

Core Viewpoint - The company has a positive outlook for 2026, driven by expected growth in its CCAS (Cybersecurity as a Service) business and a strong order backlog [1][2] Performance Strategy - Management highlighted that the CCAS business is anticipated to accelerate in growth, with a robust channel and sufficient backlog of orders [2] - The company will continue to advance product innovation, including further application of the Offnet Secure solution and deployment of the Terra3 product to expand market reach and enhance customer success [2] - The company's financial position is strong, providing resources to support its long-term growth strategy [2]

Core Insights - Allot Ltd. (ALLT) shares have increased by 15.2% over the past three months, significantly outperforming the Zacks Computer and Technology Sector, which saw a mere 0.5% appreciation [1] - The stock has outperformed competitors such as Check Point Software (CHKP), Fortinet (FTNT), and Palo Alto Networks (PANW), with Fortinet gaining 4.1%, while CHKP and PANW lost 10.6% and 20.4%, respectively [1] SECaaS Growth - Allot's SECaaS (Security as a Service) business is becoming the primary growth driver, with annual recurring revenue (ARR) increasing by 60% year-over-year in Q3 2025 [5] - SECaaS accounted for approximately 28% of Allot's total revenues in Q3, with expectations to rise to 30% if current trends persist [6] - The increase in SECaaS revenue is attributed to higher adoption rates from telecom partners and an increase in end users signing up for security services [5][6] Revenue and Guidance - Allot raised its revenue guidance for 2025 to a range of $100-$103 million, up from the previous estimate of $98-$102 million [8] - The company also expects SECaaS ARR growth to exceed 60% year-over-year, an increase from the prior guidance of 55-60% [9] - The Zacks Consensus Estimate for 2026 indicates a revenue growth of 13.3% [9] Valuation Metrics - Allot's stock is currently trading at a forward price-to-sales (P/S) ratio of 4.27X, which is lower than the sector average of 6.54X and its peers, including CHKP (6.85X), FTNT (8.4X), and PANW (10.27X) [11][15] - This valuation discount may appeal to long-term investors despite the competitive landscape [15] Competitive Landscape - Allot faces significant competition from established players in the network traffic management and security sectors, including Check Point Software, Fortinet, and Palo Alto Networks [16] - Competitors are continuously innovating their offerings, which could impact Allot's market position [16][20][19] Conclusion - Allot is experiencing robust growth in its SECaaS business, leading to increased revenues and improved earnings visibility [21] - The rising interest in new cybersecurity offerings presents opportunities for upselling to existing customers, enhancing the company's growth prospects [21]

Core Viewpoint - Allot Ltd. (ALLT) stock is rated as a Buy due to its structural advantage from transitioning its business model from low-multiple hardware Deep Packet Inspection (DPI) to high-margin Security-as-a-Service (SECaaS) [1] Company Analysis - The shift in Allot's business model is expected to enhance profitability by focusing on high-margin services rather than traditional hardware solutions [1]

Core Viewpoint - Allot Ltd. will host a conference call to discuss its fourth quarter and full year 2025 financial results on February 25, 2026, at 9:00 AM ET [1]. Group 1: Financial Results Announcement - The unaudited financial results for the quarter and the full year will be published prior to the conference call [2]. - The conference call can be accessed via specific dial-in numbers for the US, UK, and Israel [2]. Group 2: Company Overview - Allot Ltd. is a leading provider of innovative Security-as-a-Service (SECaaS) and network intelligence solutions for communications service providers and enterprises [3]. - The company enhances value for its customers through solutions deployed globally for network-native cybersecurity services, analytics, and traffic control [3]. - Allot's solutions are utilized by over 500 service providers and more than 1000 enterprises worldwide, with its security-as-a-service solution serving millions of subscribers globally [3].

Core Insights - Palo Alto Networks (PANW) and Allot Ltd. (ALLT) are significant players in the network security sector, with PANW focusing on next-generation firewalls and cloud security, while ALLT specializes in network intelligence for service providers and enterprises [1][2] Industry Trends - The network security market is projected to grow at a CAGR of 11.47% from 2025 to 2030, driven by increasing complex cyberattacks such as credential theft and social engineering [2] Company Analysis: Palo Alto Networks (PANW) - PANW is recognized as a cybersecurity leader, providing comprehensive solutions for network and cloud security, with a strong customer base and innovative products [4][5] - In Q1 of fiscal 2026, PANW's Secure Access Service Edge (SASE) segment saw a 34% year-over-year increase in Annual Recurring Revenues (ARR), driven by demand for streamlined security tools [6] - However, PANW's revenue growth has slowed to the mid-teen percentage range, with a forecast of 14-15% growth for the full fiscal year 2026, down from mid-20s in fiscal 2023 [7] Company Analysis: Allot Ltd. (ALLT) - ALLT is experiencing robust growth in its Cybersecurity-as-a-Service (SECaaS) business, with ARR increasing approximately 60% year-over-year in Q3 2025 [8][12] - SECaaS accounted for about 28% of ALLT's total revenues in Q3, with expectations to rise to 30%, indicating a shift towards more predictable subscription-based revenues [9] - ALLT's sales and non-GAAP EPS grew 14% and 233.3% year-over-year in Q3 2025, prompting an upward revision of revenue guidance for the year [12] Comparative Valuation and Performance - Over the past six months, ALLT shares have increased by 33.8%, while PANW shares have decreased by 6.1% [18] - ALLT is trading at a forward sales multiple of 4.37X, significantly lower than PANW's 11.71X, making ALLT more attractive for value-seeking investors [19] - Analysts are increasingly bullish on ALLT, reflected in the positive earnings estimate revisions compared to PANW [13][16] Conclusion - The analysis suggests a preference for ALLT over PANW due to its strong growth in SECaaS, improving revenue quality, and more favorable valuation metrics [22][23]

Core Insights - Allot is experiencing significant momentum in its cybersecurity services, driven by increasing urgency for cybersecurity solutions among consumers and small to medium-sized businesses (SMBs) [1][4] - The company projects its cybersecurity services business to grow over 60% year-over-year in 2025, following a more than 50% growth in 2024 [2][7] Business Segments - Allot operates two main business lines: a networking business contributing approximately 70% of revenue and a cybersecurity-as-a-service (SECaaS/CCaaS) business accounting for about 30% [3][4] - The cybersecurity segment has been delivering strong double-digit growth and is increasingly impacting overall company revenue [3] Financial Performance - In Q3, Allot reported a 14% year-over-year growth in total revenue, with the security services line significantly contributing to this increase [2][7] - The cybersecurity business has gross margins around 80%, while consolidated margins are approximately 70% [5][11] Growth Drivers - Allot's growth is supported by new partnerships with communications service providers (CSPs), including Verizon, and a new agreement with Compax targeting mobile virtual network operators (MVNOs) [6][9] - The company is focusing on four growth levers: new CSP signings, expansion within existing carriers, multi-year ramps, and ongoing research and development [6][8] Strategic Focus - The company aims to enhance its cybersecurity offerings while maintaining a stable networking segment, leveraging over two decades of carrier-grade network intelligence [4][15] - Allot's Tera III platform, capable of speeds up to 3 Tbps, is designed to improve operational efficiency for carriers and support upgrades within the existing customer base [14] Future Outlook - Allot has outlined a three-phase plan for growth, focusing on turnaround and break-even in the initial phase, followed by profitable growth from 2025 to 2027, and a longer-term transformation to expand its cybersecurity offerings [15]

Summary of Allot's Growth Conference Call Company Overview - **Company**: Allot - **Industry**: Cybersecurity and Networking Solutions - **Focus**: Cybersecurity services for consumers and small businesses, leveraging partnerships with communication service providers (CSPs) to enhance customer protection and network security [3][4] Core Business Segments - **Networking Solutions**: Represents approximately 70% of Allot's business, expected to show stable growth with slight increases [4][5] - **Cybersecurity as a Service (SECaaS)**: Accounts for about 30% of the business, projected to grow over 60% year-over-year, with a previous growth rate of over 50% [4][5] Growth Strategy - **Investment in Cybersecurity**: Significant growth driven by investments in cybersecurity, which is becoming a critical need for consumers and small businesses [6][7] - **Partnerships with CSPs**: Expansion of sales teams to establish new partnerships with CSPs, allowing access to millions of subscribers [8][12] - **Service Expansion**: Initial projects with CSPs often lead to further expansion into other network segments, enhancing revenue potential [9][10] - **Innovation in Cybersecurity**: Continuous R&D investment to enhance cybersecurity offerings, including new products like OffNet and firewall solutions [11][26] Recent Developments - **New Partnerships**: Notable partnership with Comcast Ventures, focusing on a telco-as-a-service model that emphasizes security as a key differentiator [16][17] - **Market Dynamics**: Increased awareness of cybersecurity needs among consumers and small businesses, driven by rising threats such as AI-based fraud [32][34] Financial Performance - **Revenue Growth**: Q3 reported a 14% growth rate in top-line revenue, with a strong contribution from cybersecurity services [5][29] - **Recurring Revenue**: Approximately 70% of Allot's revenue is recurring, providing good visibility for future growth [29] Competitive Landscape - **Sales Cycle**: The sales cycle for CSPs is typically long (12-24 months), with a focus on larger carriers that can monetize cybersecurity services effectively [12][13] - **Market Positioning**: Allot's established relationships and reputation in the networking space facilitate entry into cybersecurity offerings [13][44] Challenges and Barriers - **Implementation Barriers**: Initial setup and integration of Allot's technology into CSP networks can be resource-intensive, posing a barrier to quick adoption [38][39] - **Competitive Pressures**: CSPs face competition from lower-tier cybersecurity solutions, necessitating differentiation through comprehensive offerings [40][41] Future Outlook - **Long-term Goals**: Allot aims to grow its ARR to $100 million and beyond, focusing on enhancing cybersecurity offerings and expanding market reach through additional channels [48][49] - **AI and Cybersecurity**: Emphasis on leveraging AI for real-time threat detection and response, addressing the evolving landscape of cyber threats [51][53] Key Performance Indicators - **ARR Growth**: Security ARR is the main KPI for measuring progress, with consistent growth expected as new services and partnerships develop [14][31] This summary encapsulates the key points discussed during the conference call, highlighting Allot's strategic focus on cybersecurity, growth initiatives, and market dynamics.