Recap: Allot Q1 Earnings

Allot 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.

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.

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.

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