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Allot revenues grow 10% in Q3, sees delays to some security contracts

Tuesday 9 November 2021 | 16:56 CET | News
Allot saw its revenue grow 10 percent year-on-year to USD 38.2 million in Q3. The gross margin improved to 69.5 percent from 68.3 percent in the third quarter of 2020, while the net loss widened to USD 3.1 million from USD 2.4 million over the same period. Cash and investments as of 30 September totaled USD 99.2 million, slightly down compared with USD 99.4 million at the start of the year. 

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Categories: General
Companies: Allot
Countries: World
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Related Info

Allot reduces operating loss as Q2 revenues grow 8%
10 Aug | World | News
Allot to deploy Secure services at two APAC operators
22 Jul | Asia | News
Allot to provide cybersecurity services for Europe, North America to Tier 1 telco
8 Jul | Europe | News
Allot reiterates FY outlook after higher revenues in Q1
12 May | World | News

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