Allot records $30.6 million in Q3 revenue, recovering profitability
ALLT Allot Ltd
$7.78 -13.27%
View chart & analysis → - 1Allot recorded a 16% year-over-year revenue increase in Q3.
- 2Allot achieved a non-GAAP operating margin of 13% for the quarter.
- 3Allot launched a $40 million share buyback program during the quarter.
So what's the key point?
Allot's revenue grew by 16% compared to last year, and the company has started making a profit. The company is also buying back its own shares to improve profitability.
Source The Motley Fool +1 · View original ↗
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