HOD-HASHARON, Israel (AP) — HOD-HASHARON, Israel (AP) — Allot Communications Ltd. (ALLT) on Thursday reported a loss of $12.4 million in its third quarter.
The Hod-Hasharon, Israel-based company said it had a loss of 32 cents per share. Losses, adjusted for one-time gains and costs, were 28 cents per share.
The internet protocol services company posted revenue of $22.6 million in the period.
For the current quarter ending in December, Allot Communications said it expects revenue in the range of $20 million to $25 million.
The company’s shares closed at $1.69. A year ago, they were trading at $4.34.
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