Investors and market participants can look forward to the unveiling of Allot (NASDAQ: ALLT) second quarter financial results on Tuesday 27th August 2024. This important update will be made available before market open.
the establishment is projected to announce an estimated per share $0.04 loss for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $22.3 million for this period.
During the same quarter of the previous year, the company made public its loss of $0.49 per share, which were derived from a quarterly revenue of $25.05 million.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $94 million. Additionally, they expect the company to post loss of $0.05 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $-0.03 | +85.7% | 21.89 M | +3.6% |
| Q4 2023 | $-0.43 | -230.8% | 24.34 M | -26.3% |
| Q3 2023 | $-0.28 | 0% | 22.64 M | -9.6% |
| Q2 2023 | $-0.49 | -345.5% | 25.05 M | -23.6% |
*Growth on year-over-year basis
The business has scheduled a conference call on 27th August 2024 at 09:00 AM eastern time to discuss Q2 financial results.
Allot (ALLT) closed Friday's regular trading session at $3.43, marking a 2.08 percent increase, with a volume of 109.60 thousand shares.