Allot Communications Beats Up on Analysts Yet Again
Allot Communications (NAS: ALLT) reported earnings on Feb. 7. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Allot Communications beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share grew significantly.
Gross margins shrank, operating margins increased, net margins increased.
Allot Communications reported revenue of $22.0 million. The 10 analysts polled by S&P Capital IQ expected sales of $20.8 million. Sales were 36% higher than the prior-year quarter's $16.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
Non-GAAP EPS came in at $0.14. The five earnings estimates compiled by S&P Capital IQ anticipated $0.12 per share on the same basis. GAAP EPS of $0.12 for Q4 were 140% higher than the prior-year quarter's $0.05 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 71.4%, 30 basis points worse than the prior-year quarter. Operating margin was 14.0%, 530 basis points better than the prior-year quarter. Net margin was 15.9%, 760 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $20.5 million. On the bottom line, the average EPS estimate is $0.11.
Next year's average estimate for revenue is $90.7 million. The average EPS estimate is $0.56.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 105 members out of 110 rating the stock outperform, and six members rating it underperform. Among 31 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 28 give Allot Communications a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Allot Communications is buy, with an average price target of $19.39.
Software and computerized services are being consumed in radically different ways, on new and increasingly mobile devices. Many old leaders will be left behind. Whether or not Allot Communications makes the coming cut, you should check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add Allot Communications to My Watchlist.
At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.