HOD-HASHARON, Israel (AP) — HOD-HASHARON, Israel (AP) — Allot Communications Ltd. (ALLT) on Tuesday reported a loss of $244,000 in its third quarter.
The Hod-Hasharon, Israel-based company said it had a loss of 1 cent per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 3 cents per share.
The internet protocol services company posted revenue of $23.2 million in the period.
The company’s shares closed at $3.61. A year ago, they were trading at $1.42.
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