💨 Abstract

Allot Communications Ltd. (ALLT) reported a second-quarter loss of $1.7 million, or 4 cents per share. Adjusted earnings were 3 cents per share, with revenue of $24.1 million. The company forecasts full-year revenue between $98 million and $102 million. Since the beginning of the year, Allot Communications shares have risen 34%, more than doubling over the past 12 months.

Courtesy: WTOP Staff