Welcome to our dedicated page for Allot news (Ticker: ALLT), a resource for investors and traders seeking the latest updates and insights on Allot stock.
Overview
Allot Ltd. is a global provider of integrated network intelligence and security solutions, renowned for its innovative approach in addressing the complex challenges of modern digital communications. Leveraging advanced technologies and a deep understanding of network dynamics, Allot’s multi-service platforms deliver comprehensive network and application analytics, efficient traffic control and shaping, and robust network-based security services. By deploying its solutions across mobile, fixed, and cloud service providers as well as enterprises, Allot plays a pivotal role in enhancing the operational efficiency and security posture of its clients worldwide.
Core Business Areas and Technology
At the heart of its business model, Allot Ltd. focuses on two primary areas: network intelligence and Security as a Service (SECaaS). Its network intelligence solutions empower service providers with real-time analytics and visibility into network performance, enabling optimized traffic management and proactive problem resolution. The SECaaS offerings are engineered to protect subscribers and enterprise networks against evolving cyber threats, offering scalable security that adjusts to the dynamic nature of global digital connectivity. Through a portfolio of patented technologies and custom-engineered algorithms, Allot integrates detailed analytics with intelligent security protocols, underlining its role as a trusted partner in digital transformation.
Deployment and Market Reach
Allot’s solutions are deployed globally, demonstrating high adaptability and performance in diverse network environments. With implementations spanning multiple regions including Europe, Asia, the Americas, the Middle East, Africa, and Oceania, the company has established a significant market presence. Over hundreds of service providers and enterprises rely on Allot’s technology to not only monitor network traffic but also to secure it with an emphasis on visibility, control, and proactive threat mitigation. This extensive deployment base highlights the company’s capability to scale its solutions to meet the varied demands of different network infrastructures.
Operational Excellence and Industry Impact
Allot Ltd. has carved out a unique position in the highly competitive telecommunications and cybersecurity sectors. Its emphasis on seamless integration of network intelligence with security functionalities helps service providers manage complex network environments more efficiently. The company’s approach to traffic control and network shaping ensures optimal bandwidth usage and mitigated congestion, while its security services protect against increasingly sophisticated cyber threats. These combined attributes not only enhance customer satisfaction but also drive recurring revenue through subscription-based models and long-term service agreements.
Key Differentiators
- Innovative Network Solutions: Allot’s cutting-edge network intelligence tools offer comprehensive visibility and analytics, setting a high standard in the telecom and cybersecurity sectors.
- Scalable Security as a Service: By integrating SECaaS with core network functionalities, the company provides a robust platform that scales with customer needs and industry demands.
- Global Deployment: The widespread adoption of Allot’s solutions by service providers and enterprises across continents is a testament to its market-leading technologies.
- Technology Integration: The seamless fusion of network analytics, traffic management, and security services positions Allot as a central player in modern digital ecosystems.
Competitive Landscape
The competitive telecommunications and cybersecurity sector requires companies to continually innovate. Allot stands out by emphasizing both network performance analytics and integrated security measures. Unlike companies that offer fragmented solutions, Allot’s comprehensive platforms combine multiple functionalities, ensuring an enhanced value proposition for customers. This strategic integration not only sets it apart from competitors but also solidifies its reputation as an experienced and trustworthy provider of essential network services.
Commitment to Quality and Innovation
Allot Ltd. is dedicated to pushing the boundaries of technology and operational efficiency. Its commitment to research and development is evident in the advanced features of its products and the continual enhancement of its service offerings. By focusing on both user experience and system robustness, Allot provides solutions that are adaptable to the future demands of digital infrastructure, while never compromising on core security or operational performance.
Conclusion
In summary, Allot Ltd. delivers a holistic suite of network intelligence and security services that address the critical needs of service providers and enterprises alike. With a strong focus on innovation, global deployment, and integrated technology solutions, the company continues to reinforce its position in a dynamic and competitive market. Allot’s expertise in both network analytics and cyber protection establishes it as a critical partner, ensuring that communication networks remain efficient, secure, and future-ready.
Allot (NASDAQ: ALLT, TASE: ALLT), a leading provider of security-as-a-service (SECaaS) and network intelligence solutions, has announced its participation in the 15th Annual LD Micro Invitational investor conference in New York on April 9-10, 2025.
CEO Eyal Harari will present on April 10 from 12:00-12:25pm in Track 1. Investors can watch the presentation virtually through Allot's website, and management will be available for one-on-one meetings throughout the day.
Allot serves over 500 mobile, fixed and cloud service providers and more than 1000 enterprises globally, offering network-native cybersecurity services, network and application analytics, and traffic control solutions. Their network-native security-as-a-service solution is currently utilized by millions of subscribers worldwide.
Allot (Nasdaq: ALLT) (TASE: ALLT), a provider of network intelligence and security solutions, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (SEC).
The report, which includes audited financial statements, is accessible on both the SEC's website and Allot's investor relations portal. Shareholders can request a free hard copy of the annual report by contacting the company via email.
Allot (NASDAQ: ALLT) has successfully deployed its cloud-native Network Protection and Deep Network Intelligence solutions with Rakuten Mobile, marking a significant transition from Network Functions Virtualization (NFV) architecture to Rakuten's cloud-native Symphony Platform. The deployment features fully containerized versions of Allot's security and intelligence solutions in Rakuten's commercial network.
The Smart NetProtect solution utilizes machine learning and AI to detect traffic anomalies and block incoming attacks before they impact service quality. The system is capable of identifying zero-day attacks and blocking outbound threats, with the ability to inspect all network traffic and mitigate large terabit volumetric attacks from multiple vectors within seconds.
Allot (NASDAQ: ALLT, TASE: ALLT), a global provider of network intelligence and security solutions, has announced its participation in the 37th Annual Roth Conference from March 16-18, 2025. CEO Eyal Harari will conduct one-on-one investor meetings on March 17, 2025.
Allot specializes in converged cybersecurity solutions and network intelligence for service providers and enterprises worldwide. The company's solutions are currently implemented by over 500 mobile, fixed and cloud service providers and more than 1000 enterprises globally. Their network-native security-as-a-service solution serves millions of subscribers worldwide.
Allot (NASDAQ: ALLT) reported strong Q4 2024 financial results, marking a key inflection point in its turnaround process with renewed revenue growth and a return to profitability. Q4 revenues reached $24.9 million, up 2% year-over-year and 7% sequentially. The company's Security as a Service (SECaaS) revenues grew impressively by 49% year-over-year to $4.8 million, with December 2024 SECaaS ARR increasing 43% to $18.2 million.
Q4 non-GAAP gross margin improved significantly to 69.7% from 51.7% in Q4 2023. The company achieved a non-GAAP operating profit of $1.8 million and GAAP operating income of $0.3 million, compared to losses in the previous year. Q4 generated positive operating cash flow of $4.1 million.
For full-year 2024, Allot reported revenues of $92.2 million, a 1% decrease from 2023, but achieved non-GAAP net income of $1.6 million ($0.04 per diluted share) compared to a loss in 2023. CEO Eyal Harari highlighted new partnerships with Verizon Business, Vodafone, O2, and MEO as evidence of the company's security-first strategy gaining traction.
Allot (NASDAQ: ALLT) announced a partnership with Verizon Business to enhance cybersecurity protection for Verizon's business customers' mobile devices. Allot's NetworkSecure offering will support the expansion of Verizon Business' cybersecurity capabilities against mobile threats including malware, viruses, phishing, and ransomware attacks.
Jennifer Varner, AVP Security Products and Solutions at Verizon Business, emphasized their commitment to staying ahead for customers regarding security. Eyal Harari, CEO of Allot, expressed pride in enhancing collaboration with Verizon Business and addressing the mass market.
NetworkSecure is a network-based solution offering zero-touch, clientless operation with no application installation required by end customers. The solution includes a branded interface with alerts and reporting to strengthen brand loyalty, particularly beneficial for SMBs seeking cybersecurity services without complicated IT support.
Allot (NASDAQ: ALLT) has announced its upcoming fourth quarter and full year 2024 financial results conference call, scheduled for February 25, 2025, at 9:00AM ET. The company will release its unaudited financial results before the call begins. Investors can access the conference call through various regional dial-in numbers or via a live webcast on the company's investor relations website.
Allot is a provider of converged cybersecurity solutions and network intelligence services, serving both service providers and enterprises globally. The company's solutions are currently implemented by over 500 mobile, fixed and cloud service providers and more than 1000 enterprises. Their network-native security-as-a-service solution has achieved significant market penetration, serving millions of subscribers worldwide.
Allot (NASDAQ: ALLT) has announced that O2 Czech Republic, a PPF Group subsidiary, has launched Allot DNS Secure to enhance cybersecurity protection services for their mobile and fixed broadband consumer customers. This launch follows an agreement between Allot and O2 Czech Republic, part of a broader umbrella agreement with PPF Group.
O2 Czech Republic becomes the fifth operator within PPF Group to implement Allot's security services. The solution provides protection against cyber threats including viruses, ransomware, trojans, and phishing attacks, along with parental controls. Allot will generate revenue through a recurring monthly fee for these cybersecurity protection services.
Allot (NASDAQ: ALLT, TASE: ALLT), a global provider of network intelligence and security solutions, has announced its participation in the upcoming Needham Growth Conference in New York on January 15, 2025.
CEO Eyal Harari will deliver a presentation at 1:30 p.m. ET and will be available for one-on-one and group meetings throughout the day. The company serves over 500 mobile, fixed, and cloud service providers and more than 1,000 enterprises worldwide, offering network and application analytics, traffic control, and security services. Their network-based security solution is currently utilized by millions of subscribers globally.
Allot (NASDAQ: ALLT) has announced that Asahi Net, a Japanese broadband provider, will be the first to implement the new SG-Tera III multiservice platform. This platform offers 2.8 Tbps of traffic throughput, making it the highest capacity multiservice platform available. Asahi Net, which previously implemented the SG-Tera II in 2021, uses the platform to enable Allot SmartTraffic QoE, providing network traffic analytics and real-time traffic management to improve network Quality of Experience for their VNOs and broadband customers.
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