Hod Hasharon, Israel, March 06, 2025 (GLOBE NEWSWIRE) -- 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 that its management will be meeting with investors and presenting at the 37th Annual Roth Conference taking place between March 16 and 18, 2025.
Allot's Q4 results highlight a continued turnaround with positive free cash flow, profitability, and significant SECaaS revenue growth, despite flattish overall revenues. The Verizon BMIS confirmation significantly expands Allot's addressable market, potentially scaling their security service to millions of Verizon business mobile subscribers at accretive pricing. Recent stock price correction is likely due to technical factors, profit-taking, and investor anxiety, however Allot's fundamentals continue to strengthen.
Allot Communications (ALLT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Looking beyond profits to a company's cash position will be far more rewarding as this highlights its true financial health. GELYY, STRL, ALLT & KINS are worth buying.
Allot Ltd. (NASDAQ:ALLT ) Q4 2024 Earnings Conference Call February 25, 2025 9:00 AM ET Company Participants Kenny Green - EK Investor Relations Eyal Harari - Chief Executive Officer Liat Nahum - Chief Financial Officer Conference Call Participants Nehal Chokshi - Northland Capital Markets David Kaynan - Kaynan Wealth Management Operator Ladies and gentlemen, thank you for standing by. Welcome to our Allot's Fourth Quarter 2024 Results Conference Call.
Strong Double-Digit SECaaS Growth and Significant Improvement in Profitability HOD HASHARON, Israel , Feb. 25, 2025 /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 its unaudited financial results for the fourth quarter and full year of 2024.
The Verizon Business Mobile Internet Security solution offers network-native mobile cybersecurity functionality to help protect Verizon Business' customers from mobile threats like malware, viruses, phishing and ransomware. The Verizon Business Mobile Internet Security solution offers network-native mobile cybersecurity functionality to help protect Verizon Business' customers from mobile threats like malware, viruses, phishing and ransomware.
ALLT's top line in the fourth quarter of 2024 is expected to have increased on the back of an expanding customer base.
The principle of momentum investing—though contrary to the traditional wisdom of buying low and selling high—suggests that investors can profit by buying rising stocks and selling them before they decline. As a result, momentum is typically favored in short-term and active trading strategies rather than long-term investing.
ARGX, ALLT and NGD made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 20, 2025.