Allot (ALLT) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Allot Ltd. reported its first non-GAAP operating profit in three years, with third-quarter revenues reaching $23.2 million, marking a 3% year-over-year increase. The company’s Security as a Service division showed impressive growth, with revenues rising 69% from the previous year. Additionally, Allot achieved positive operating cash flow, reflecting a strengthening financial position.
For further insights into ALLT stock, check out TipRanks’ Stock Analysis page.
