Technology Stocks : Allot Communications Ltd (ALLT)
ALLT 5.360+1.3%May 21 5:20 PM EDTNews

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: JakeStraw11/1/2011 8:21:18 AM
1 Recommendation   of 88
Allot Communications Reports Continued Growth in Revenues and Net Profit for Third Quarter of 2011

"Growth during the quarter was fueled by increasing activity across the wireless and wireline markets," commented Rami Hadar, Allot Communications' President and Chief Executive Officer. "We continue to win large mobile service providers across the globe, maintaining our leadership position in this market. An increasing number of our customers are looking to our solutions, primarily the Service Gateway, to provide them with new and unique ways to monetize their networks, primarily in the area of smart charging. Our industry leading 160Gbps throughput capabilities, along with our ability to incorporate a wide range of services on a single platform, are key factors in our steady and continuing growth."

Recently, the Company achieved the following significant goals:

  • Added 3 new mobile service providers, located throughout the world, to its growing customer list;
  • During the quarter, received orders from 9 large service providers, of which 5 represented new customers and 4 represented expansion deals;
  • Recently announced signing a new, $9.5 million deal with a Tier 1 fixed-line operator in Asia;
  • Recently announced a combined solution with Openet, enabling smart charging and new revenue streams for service providers.
  • Report TOU ViolationShare This Post
     Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

    Copyright © 1995-2018 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.