Allot Ltd. (NASDAQ:ALLT) Q4 2023 Earnings Conference Call February 15, 2024 8:30 AM ET Company Participants Kenny Green - EK Global Investor Relations Erez Antebi - President and Chief Executive Officer Ziv Leitman - Chief Financial Officer Conference Call Participants Nehal Chokshi - Northland Capital Markets Rory Wallace - Outerbridge Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to Allot's Fourth Quarter 2023 Results Conference Call. All participants are present in listen-only ...

Allot Communications (ALLT) came out with a quarterly loss of $0.43 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -207.14%. A quarter ago, it was expected that this internet protocol services company would post a loss of $0.35 per share when it actually produced a loss of $0.28, delivering a surprise of 20%.Over the last four qua ...

Core Viewpoint - Allot Ltd. reported a challenging financial performance for Q4 and full-year 2023, with significant revenue declines and net losses, while emphasizing growth in its Security as a Service (SECaaS) segment. Financial Highlights - Q4 2023 revenues were $24.3 million, a decrease of 26.3% from $33.0 million in Q4 2022 [5] - Full-year 2023 revenues totaled $93.2 million, down 24.1% from $122.7 million in 2022 [7] - SECaaS revenues for Q4 were $3.2 million, up 41.5% year-over-year, and for FY 2023 were $10.6 million, an increase of 48.4% year-over-year [2] - Q4 GAAP net loss was $18.3 million, or $0.48 per share, compared to a net loss of $6.7 million, or $0.18 per share, in Q4 2022 [5][6] - Full-year 2023 GAAP net loss was $62.8 million, or $1.66 per share, compared to a net loss of $32.0 million, or $0.87 per share, in 2022 [8] Management Outlook - For 2024, management expects to achieve non-GAAP operating profit and free cash flow breakeven [3] - Continued double-digit growth in SECaaS revenues and Annual Recurring Revenue (ARR) is anticipated [3] Management Commentary - CEO Erez Antebi highlighted the significant challenges faced in 2023 due to macroeconomic conditions and service provider spending, while emphasizing efforts to align expenses with expected revenue levels [4] Performance Metrics - As of December 31, 2023, SECaaS ARR was $12.7 million [2] - Cash, short-term bank deposits, and investments totaled $54.9 million, down from $86.4 million as of December 31, 2022 [8]

HOD HASHARON, Israel , Jan. 11, 2024 /PRNewswire/ -- Allot Ltd. (NASDAQ: ALLT), (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced preliminary unaudited financial results for the year ended December 31, 2023. Allot expects revenues, SECaaS revenues, and Total ARR to be within the guidance range the company provided on November 16, 2023. As of December 31, 2023, cash, bank deposits, and marketable ...

Allot Ltd. (NASDAQ:ALLT) Q3 2023 Earnings Conference Call November 22, 2023 8:30 AM ET Company Participants Kenny Green - IR, E.K. Global IR Erez Antebi - President & CEO Ziv Leitman - CFO Conference Call Participants Max Michaelis - Lake Street Nehal Chokshi - Northland Capital Markets Marc Silk - Silk Investment Advisors Rory Wallace - Outerbridge Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to Allot's Third Quarter 2023 Results Conference Call. All participants are at present ...

Allot Ltd. (NASDAQ:ALLT) Q2 2023 Earnings Conference Call August 31, 2023 8:30 AM ET Company Participants Kenny Green - Investor Relations, E.K. Global Investor Relations Erez Antebi - President and Chief Executive Officer Ziv Leitman - Chief Financial Officer Conference Call Participants Eric Martinuzzi - Lake Street Nehal Chokshi - Northland Capital Markets Marc Silk - Silk Investment Advisors Rory Wallace - Outerbridge Operator Ladies and gentlemen, thank you for standing by. Welcome to Allot's Second Qu ...

Exhibit 99.1 Allot Announces Q2 2023 Financial Results and Cost Reduction Plan Hod Hasharon, Israel – August 31, 2023 - Allot Ltd. (NASDAQ: ALLT, TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced its unaudited financial results for the second quarter ended June 30, 2023. Q2 Financial Highlights • Second quarter revenues were $25.0 million; • SECaaS revenues were $2.4 million; June 2023 SECaaS ARR* ...

Allot Ltd. (NASDAQ:ALLT) Q1 2023 Earnings Conference Call May 16, 2023 8:30 AM ET Company Participants Kenny Green - EK Global, Investor Relations Erez Antebi - President and Chief Executive Officer Ziv Leitman - Chief Financial Officer Conference Call Participants Eric Martinuzzi - Lake Street Capital Markets, LLC Nehal Chokshi - Northland Capital Markets Marc Silk - Silk Investment Advisors Operator Ladies and gentlemen, thank you for standing by. Welcome to Allot's First Quarter 2023 Results Conference C ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...

Allot Ltd. (NASDAQ:ALLT) Q4 2022 Earnings Conference Call February 28, 2023 8:30 AM ET Company Participants Kenny Green - EK Global, IR Erez Antebi - President & CEO Ziv Leitman - CFO Conference Call Participants Eric Martinuzzi - Lake Street Nehal Chokshi - Northland Capital Markets Matt Dezort - Needham & Co. Marc Silk - Silk Investment Advisors Rory Wallace - Outerbridge Operator Ladies and gentlemen, thank you for standing by. Welcome to Allot's Fourth Quarter 2022 Results Conference Call. All participa ...