HOD-HASHARON, Israel (AP) — HOD-HASHARON, Israel (AP) — Allot Communications Ltd. (ALLT) on Thursday reported a loss of $20.7 million in its second quarter.
On a per-share basis, the Hod-Hasharon, Israel-based company said it had a loss of 55 cents. Losses, adjusted for one-time gains and costs, were 49 cents per share.
The internet protocol services company posted revenue of $25 million in the period.
Allot Communications expects full-year revenue in the range of $95 million to $110 million.
The company's shares closed at $2.50. A year ago, they were trading at $4.54.