Allot Ltd Stock Price, News & Analysis

Allot Ltd. (Nasdaq: ALLT) has announced a proposed public offering of its ordinary shares. The company plans to use the proceeds to repay $31.41 million of principal outstanding under the senior unsecured convertible promissory note held by Lynrock Lake Master Fund LP, with the balance for general corporate purposes.

Lynrock has agreed to convert the remaining $8.59 million of principal into ordinary shares and will enter into a 75-day lock-up agreement. The company will grant underwriters a 30-day option to purchase up to an additional 15% of shares. TD Cowen and William Blair are acting as joint book-running managers, with Needham & Company as lead manager.

After this transaction, Allot will have no outstanding indebtedness for borrowed money.

Allot Ltd. (NASDAQ: ALLT) reported strong Q1 2025 financial results with profitable growth across key metrics. Total revenues reached $23.2M, up 6% YoY, while Security as a Service (SECaaS) revenues grew 49% YoY to $5.1M. The company achieved a non-GAAP operating profit of $0.4M, compared to a loss of $1.2M in Q1 2024. SECaaS ARR increased significantly by 54% YoY to $21.2M. The company maintained a healthy non-GAAP gross margin of 70.4% and generated positive operating cash flow of $1.7M. Notably, Verizon Business launched a new mobile plan incorporating Allot's SECaaS service. Management expects continued profitable growth in 2025, projecting SECaaS revenue and ARR to increase by approximately 50% or more year-over-year.

Allot (NASDAQ: ALLT, TASE: ALLT), a leading provider of security-as-a-service (SECaaS) and network intelligence solutions, has announced it will release its first quarter 2025 financial results on Monday, May 12, 2025. The company will host a conference call to discuss the results at 9:00AM ET (2:00PM UK, 4:00PM Israel).

The unaudited financial results will be published before the conference call. Investors can access the call through various dial-in numbers: US: 1-888-642-5032, UK: 0-800-917-5108, Israel: +972-3-918-0644. A live webcast will be available on the Allot website at investors.allot.com and archived for future reference.

Allot currently serves over 500 mobile, fixed and cloud service providers and more than 1000 enterprises globally, with their network-based security as a service solution being utilized by millions of subscribers worldwide.

Allot (NASDAQ: ALLT) has announced the launch of OffNetSecure, a new cybersecurity solution extending their Secure platform for telecom operators. The solution protects telecom customers against cyberthreats when connected to non-provider networks, such as guest Wi-Fi.

OffNetSecure is designed for Android and iOS devices, requiring no manual installation or updates from end users. It integrates with providers' branded apps and offers protection against malware, phishing, and ransomware attacks as part of Allot's 360-degree protection platform.

The solution creates new revenue opportunities for telecom providers through premium plans while offering unified provisioning, policies, and reporting capabilities. Allot will showcase OffNetSecure at the RSA Conference in San Francisco from April 28th to May 1st at booth #5281.

Allot (NASDAQ: ALLT, TASE: ALLT), a leading provider of security-as-a-service (SECaaS) and network intelligence solutions, has announced its participation in the 15th Annual LD Micro Invitational investor conference in New York on April 9-10, 2025.

CEO Eyal Harari will present on April 10 from 12:00-12:25pm in Track 1. Investors can watch the presentation virtually through Allot's website, and management will be available for one-on-one meetings throughout the day.

Allot serves over 500 mobile, fixed and cloud service providers and more than 1000 enterprises globally, offering network-native cybersecurity services, network and application analytics, and traffic control solutions. Their network-native security-as-a-service solution is currently utilized by millions of subscribers worldwide.

Allot (Nasdaq: ALLT) (TASE: ALLT), a provider of network intelligence and security solutions, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (SEC).

The report, which includes audited financial statements, is accessible on both the SEC's website and Allot's investor relations portal. Shareholders can request a free hard copy of the annual report by contacting the company via email.

Allot (NASDAQ: ALLT) has successfully deployed its cloud-native Network Protection and Deep Network Intelligence solutions with Rakuten Mobile, marking a significant transition from Network Functions Virtualization (NFV) architecture to Rakuten's cloud-native Symphony Platform. The deployment features fully containerized versions of Allot's security and intelligence solutions in Rakuten's commercial network.

The Smart NetProtect solution utilizes machine learning and AI to detect traffic anomalies and block incoming attacks before they impact service quality. The system is capable of identifying zero-day attacks and blocking outbound threats, with the ability to inspect all network traffic and mitigate large terabit volumetric attacks from multiple vectors within seconds.

Allot (NASDAQ: ALLT, TASE: ALLT), a global provider of network intelligence and security solutions, has announced its participation in the 37th Annual Roth Conference from March 16-18, 2025. CEO Eyal Harari will conduct one-on-one investor meetings on March 17, 2025.

Allot specializes in converged cybersecurity solutions and network intelligence for service providers and enterprises worldwide. The company's solutions are currently implemented by over 500 mobile, fixed and cloud service providers and more than 1000 enterprises globally. Their network-native security-as-a-service solution serves millions of subscribers worldwide.

Allot (NASDAQ: ALLT) reported strong Q4 2024 financial results, marking a key inflection point in its turnaround process with renewed revenue growth and a return to profitability. Q4 revenues reached $24.9 million, up 2% year-over-year and 7% sequentially. The company's Security as a Service (SECaaS) revenues grew impressively by 49% year-over-year to $4.8 million, with December 2024 SECaaS ARR increasing 43% to $18.2 million.

Q4 non-GAAP gross margin improved significantly to 69.7% from 51.7% in Q4 2023. The company achieved a non-GAAP operating profit of $1.8 million and GAAP operating income of $0.3 million, compared to losses in the previous year. Q4 generated positive operating cash flow of $4.1 million.

For full-year 2024, Allot reported revenues of $92.2 million, a 1% decrease from 2023, but achieved non-GAAP net income of $1.6 million ($0.04 per diluted share) compared to a loss in 2023. CEO Eyal Harari highlighted new partnerships with Verizon Business, Vodafone, O2, and MEO as evidence of the company's security-first strategy gaining traction.