24/7 Market News Snapshot 12 May, 2025 – Allot Ltd. Ordinary Shares (NASDAQ:ALLT)

May 12, 2025

DENVER, Colo., 12 May, 2025 (www.247marketnews.com) – (NASDAQ:ALLT) are discussed in this article.
Allot Ltd. has opened today at $6.73 and is currently trading at $7.59, reflecting a significant increase of approximately 19.72%. This surge follows a previous session close of $6.34, highlighting positive market sentiment surrounding the company’s performance. The strong trading volume of 547.14K shares indicates heightened investor interest, suggesting a potential breakout or reversal that merits closer observation for the continuation of this trend. Analysts are encouraged to review technical indicators, including moving averages and momentum, to confirm bullish patterns and evaluate the sustainability of this upward movement in the coming sessions.

In addition to the notable stock performance, Allot recently reported impressive financial results for the first quarter of 2025. The Company achieved revenues of $23.2 million, representing a 6% increase compared to the previous year, showcasing its ongoing commitment to delivering innovative solutions for service providers and enterprises. Notably, Security as a Service (SECaaS) experienced a remarkable 54% year-over-year increase in Annual Recurring Revenue (ARR), reaching $21.2 million, primarily driven by a surge in demand for its advanced security offerings.

Key highlights from the quarter include SECaaS revenues of $5.1 million, marking a 49% rise year-over-year. Additionally, Allot reported a non-GAAP operating profit of $0.4 million, a significant improvement from an operating loss of $1.2 million during the same quarter last year. The Company also generated a positive operating cash flow of $1.7 million, underscoring its financial stability.

Eyal Harari, CEO of Allot, expressed optimism regarding the company’s growth trajectory, emphasizing that recent partnerships and multi-million dollar deals reflect the increasing demand for their innovative cybersecurity solutions. Looking ahead, Allot remains focused on sustaining its momentum and enhancing customer value in an evolving digital landscape throughout the rest of 2025.

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