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Technology Stocks : Allot Communications Ltd (ALLT)
ALLT 8.700-0.3%11:55 AM EST

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From: JakeStraw9/21/2015 9:40:40 AM
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Allot lands $8M expansion order; shares +7.1%
Sep 21 2015,

An unnamed tier-1 Asia-Pac wireline carrier has placed an $8M expansion order covering Allot's (NASDAQ:ALLT) deep packet inspection (DPI) service gateways, Service Protector threat-prevention hardware, and Websafe URL-filtering software. For reference, Allot's Q3 revenue consensus is at $25M.Allot: "This incumbent operator is using Allot's Service Protector in-line solution to protect national critical infrastructure, business communication, and IT infrastructure nationwide against destructive DDoS attacks ... The solution manages and secures traffic of up to two Terabits per second without the need to redirect traffic to a scrubbing center."
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