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.
Allot Ltd. (NASDAQ: ALLT) delivers essential network intelligence and cybersecurity solutions to global service providers and enterprises. This dedicated news hub provides investors and technology professionals with timely updates on corporate developments, product innovations, and strategic initiatives shaping the network security landscape.
Access authoritative coverage of Allot's SECaaS implementations, traffic management advancements, and partnership announcements. Our curated collection includes earnings reports, regulatory filings, and analysis of emerging trends in network analytics. Regular updates ensure stakeholders maintain informed perspectives on Allot's market position within the competitive telecom cybersecurity sector.
Key content focuses on operational milestones including new client deployments, technology patents, and security solution enhancements. Users will find detailed reporting on network optimization strategies and threat prevention frameworks critical to modern digital infrastructure. Bookmark this page for streamlined monitoring of Allot's contributions to 5G security, IoT protection, and cloud-based network management solutions.
Allot (NASDAQ: ALLT) has announced the launch of OffNetSecure, a new cybersecurity solution extending their Secure platform for telecom operators. The solution protects telecom customers against cyberthreats when connected to non-provider networks, such as guest Wi-Fi.
OffNetSecure is designed for Android and iOS devices, requiring no manual installation or updates from end users. It integrates with providers' branded apps and offers protection against malware, phishing, and ransomware attacks as part of Allot's 360-degree protection platform.
The solution creates new revenue opportunities for telecom providers through premium plans while offering unified provisioning, policies, and reporting capabilities. Allot will showcase OffNetSecure at the RSA Conference in San Francisco from April 28th to May 1st at booth #5281.
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.
