Tue, Feb. 10, 6:02 AM| Comment!
Mon, Feb. 9, 5:30 PM
Wed, Jan. 7, 9:33 AM
- Following a rough 2014, Procera (NASDAQ:PKT) is starting 2015 on a strong note: The company says it expects to report Q4 revenue of $23.5M-$24.5M, above a $20.9M consensus. Non-GAAP EPS is expected to be positive (consensus is at -$0.01).
- Full-year revenue guidance has been upped to $74M-$75M from $70M-$75M. Q4 book-to-bill was above 1, and gross margin is expected to be around 60%.
- Fellow deep packet inspection hardware vendor Allot (NASDAQ:ALLT) is following Procera higher. Activist Merriman Capital has been pushing Procera to evaluate "strategic alternatives."
Dec. 22, 2014, 5:35 PM
Dec. 10, 2014, 12:45 PM
Dec. 10, 2014, 10:09 AM
- Citing concerns about weak carrier spending and management departures, BofA/Merrill has downgraded Allot (NASDAQ:ALLT) to Underperform from Buy, and slashed its target by $6.50 to $10.50 (still ~$2.50 above current levels).
- Allot has plunged to new 52-week lows, and is now down 47% YTD. The company announced a CFO change last month.
- Deep packet inspection hardware rival Procera (NASDAQ:PKT) is also off.
Dec. 10, 2014, 9:10 AM
Nov. 13, 2014, 3:28 PM
- Though Cisco is higher after beating FQ1 estimates and issuing soft FQ2 guidance, many telecom equipment and component/chip names are going in the opposite direction.
- At issue: Cisco reported a 10% Y/Y drop in service provider orders (-18% in the U.S.), while stating on its CC (transcript) it "saw dramatically reduced spend at several large U.S. service providers." The networking giant also suggested demand will remain weak during the next couple of quarters.
- The remarks came just a few days after AT&T set a 2015 capex budget of $18B (down from 2014's $21B), prompting a Monday selloff in equipment vendors and their suppliers.
- Today's decliners: ALU -3.8%. CIEN -2.8%. JDSU -3.1%. FNSR -3.7%. JNPR -1.7%. INFN -3.8%. RKUS -3.4%. ZHNE -3.2%. AMCC -4.1%. CALX -2.7%. CYNI -1.8%. ADTN -3.5%. ALLT -2.4%. FN -1.9%.
Nov. 4, 2014, 8:08 AM
- Along with its Q3 results, Allot (NASDAQ:ALLT) has announced CFO Nachum Falek is "leaving to become the CFO of a privately-held company." He's being replaced by Shmuel Arvatz, until recently the CFO of field service software vendor ClickSoftware.
- With shares down 24% YTD going into earnings, Allot's Q3 beat is going over well. The deep packet inspection hardware vendor received 10 large orders during the quarter (down from 14 a year ago), 2 of which were from new customers (even with a year ago).
- 3 of the orders came from mobile carriers, 4 from wireline carriers, and 3 from cloud service providers. Book-to-bill was above 1.
- Q3 results, PR
Nov. 4, 2014, 3:37 AM| Comment!
Nov. 3, 2014, 5:30 PM
- AER, AFSI, AKS, ALLT, ARCC, ARCO, ARRY, ATRO, AYR, BABA, BDX, BKW, BLMN, CCG, CIE, CLDT, CONE, CVS, DISCA, DISH, DWRE, DX, EL, EMR, ENBL, EOG, ETR, EXH, EXLP, EXPD, FE, GDP, GLT, HCLP, HCN, HCP, HEP, HMSY, HPT, HSNI, HW, ICE, IFF, IMN, IP, IPXL, IRC, IRWD, KORS, LINC, LINE, LNCE, MFA, MSI, MWW, NCT, NGLS, NNN, NTI, NWN, ODP, OZM, PCLN, PPL, RBA, REGN, RESI, RGS, RHP, RIGL, RRGB, SC, SGNT, SRE, TESO, TGH, TICC, TIME, TLM, TRP, VLO, VMC, VSI, WLK, WNR, WRES, ZBRA, ZTS
Oct. 15, 2014, 4:07 PM
- In an encouraging sign for beaten-down telecom equipment and chip/component stocks, Adtran (ADTN +5.7%) managed to rally even though it guided on its Q3 CC (transcript) for a low-to-mid teens Q/Q revenue drop. Consensus (doesn't appear to have fully accounted for Adtran's Q3 warning) was for revenue to drop 2% to $154.9M in Q4.
- Adtran attributed much of its Q3 weakness to "a decline in Europe as a large project there had a seasonal slowdown." Enterprise softness also took a toll.
- The company "[expects] to see an upturn in this business" in 2015, but European sales are expected to remain soft in Q4. Other equipment vendors, such as Juniper (JNPR +2%) and Ciena (CIEN +2.7%), have provided weak guidance blamed on U.S. wireline capex; AT&T is generally seen as a big culprit.
- In addition to Juniper and Ciena, many other industry names have closed with healthy gains. PKT +6.3%. INFN +3.4%. ZHNE +6.7%. ALLT +5.2%. AFOP +4.5%. AMCC +12.5%. CYNI +4%. CALX +3.3%. FNSR +3.1%. UBNT +4.2%. OPLK +3.4%. RKUS +3.3%.
Oct. 9, 2014, 4:45 PM| Comment!
Sep. 4, 2014, 4:00 PM
- Allot (ALLT +3%) has received a follow-on order from an unnamed tier-1 mobile carrier. The carrier will use Allot's Service Gateway deep packet inspection hardware to help "deliver streaming music services to over 30 million subscribers in multiple markets globally."
- Allot reported receiving 18 large orders in Q2, 12 of which were from mobile carriers. Shares still -28% YTD.
Aug. 19, 2014, 2:50 AM
- The National Association of Broadcasters has filed a lawsuit against the FCC's plans to auction off airwaves stating that the plan will incur expense and harm coverage of TV stations.
- The auction is set to take place next year, and will allow TV stations to take bids and sell their airwaves to meet the surging demand of mobile broadband.
- The new lawsuit challenges the regulations stating that it doesn't fully protect broadcasters that don't participate in the auction.
- Broadcasters say that they should not be forced into having their coverage area reduced or to pay out of pocket for the expense of moving their broadcast signal to a new frequency.
- Relevant tickers: CMCSA, TWC, ALLT, LVLT, CCOI, FTR, WIN, CTL, CHTR, CVC, DISH
Aug. 5, 2014, 12:47 PM
ALLT vs. ETF Alternatives
Allot Communications Ltd provides broadband solutions, focused on developing mobile, fixed and enterprise networks. Its deep packet inspection technology identifies and leverage the business intelligence in data networks and in network traffics.
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