Allot Ltd. Ordinary Shares (ALLT)
Allot Ltd. is a provider of cybersecurity solutions focusing on network intelligence, analytics, and security. The company offers real-time data analysis, policy enforcement, and threat detection for telecom operators, enterprises, and government agencies. Its platform enables clients to optimize network performance, improve security, and deliver targeted services.
Company News
Allot delivered 9% year-over-year revenue growth, achieved record Cybersecurity as a Service (CSaaS) annual recurring revenue of $25.2 million, and secured a significant multi-million dollar contract with a Tier one European telecom operator.
Más Móvil Panama has chosen Allot NetworkSecure to provide network-native cybersecurity and parental control services to its residential customers, becoming the first network operator in Panama to adopt this zero-touch security solution.
A recent study reveals significant cybersecurity challenges, with 60% of tech professionals lacking skilled personnel to analyze threat intelligence. The quantum computing era presents emerging cybersecurity risks, prompting companies to develop quantum-resilient security solutions.
The article analyzes three stocks experiencing recent price dips that analysts believe have potential for future recovery: Allot Ltd, Ardent Health Partners, and Group 1 Automotive, each representing different sectors and showing promising underlying fundamentals.
Here is how Allot Communications (ALLT) and Barrett Business Services (BBSI) have performed compared to their sector so far this year.