- Low expectations are helping Allot (ALLT +6.6%) rally in the face of a Q3 miss. Also helping: Allot says it received a $12M expansion order - no small deal for a company with Q3 sales of $24.1M - from an unnamed tier-1 Asia-Pac wireline carrier. Thanks in part to the order, Allot's Q3 book-to-bill was above 1.
- Q3 revenue fell 14% Y/Y; sales had fallen 19% Y/Y in Q2, something Allot blamed in July on "unfulfilled revenue recognition" for a $5M deal. While sales fell, opex rose 13% to $19.5M.
- Large orders were received from 14 carriers, of which 2 were new customers. That compares with large orders from 13 carriers (3 new) in Q2. Four large orders were provided by mobile carriers, down from 6 in Q2.
- Rival Procera (PKT +2.8%), which reports on Nov. 4, is up sympathy.
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From other sites
at CNBC.com (Apr 18, 2013)
at CNBC.com (Jan 4, 2013)
at MarketWatch.com (Jan 3, 2013)
at CNBC.com (Nov 30, 2012)
at CNBC.com (Jul 18, 2012)
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