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Technology Stocks : Allot Communications Ltd (ALLT)
ALLT 9.630+0.3%Oct 31 9:30 AM EDT

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To: JakeStraw who wrote (17)8/1/2011 7:34:51 AM
From: Sr K   of 89
 
6:13AM Allot Comms beats by $0.01, beats on revs ( ALLT) 14.82 : Reports Q2 (Jun) earnings of $0.10 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus Estimate of $0.09; revenues rose 36.0% year/year to $18.5 mln vs the $17.5 mln consensus. "We are pleased to report another solid growth quarter, as demand for Allot's solutions continues to grow across an increasing number of service providers throughout the world, particularly among Tier 1 mobile and fixed operators. The Service Gateway has become a leading solution to meet the ever-increasing challenge our customers face in managing mobile data. We continue to explore ways to increase the breadth and functionality of the Service Gateway platform through additional partnerships as well as through M&A opportunities."
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