- Allot press release (NASDAQ:ALLT): Q4 Non-GAAP EPS of -$0.13 beats by $0.03.
- Revenue of $33M (-19.5% Y/Y) misses by $0.54M.
- Looking ahead, management current expectations are as follows: Full year 2023 revenues of $110 million to $120 million (of which SECaaS revenue are expected to be between $11 million and $13 million) vs. consensus of $134.35M.
- Fully year 2023 operating loss and net negative cash flow of between $15 million and $20 million.
- December 2023 total ARR, including SECaaS ARR and Support & Maintenance ARR, is expected to be between $56 and 63 million.
- Reiterates expectations to be profitable in 2024.