Allot (NASDAQ:ALLT) reported its Q1 earnings results on Tuesday, May 17, 2022 at 05:00 AM.
Here's what investors need to know about the announcement.
Earnings
Allot beat estimated earnings by 62.96%, reporting an EPS of $-0.1 versus an estimate of $-0.27.
Revenue was up $713.00 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 1.82% drop in the share price the next day.
Here's a look at Allot's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.03 | -0.05 | -0.09 | -0.12 |
| EPS Actual | -0.06 | 0 | -0.04 | -0.06 |
| Revenue Estimate | 40.65M | 37.01M | 34.13M | 31.92M |
| Revenue Actual | 40.97M | 38.16M | 35.29M | 31.18M |
To track all earnings releases for Allot visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
