Allot (NASDAQ:ALLT) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$23.2m (up 2.7% from 3Q 2023).

• Net loss: US$244.0k (loss narrowed by 98% from 3Q 2023).

• US$0.006 loss per share (improved from US$0.32 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Allot Earnings Insights

Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are up 3.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Allot you should know about.

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