Allot Beats Q2 Revenue, Raises 2026 Outlook on Surging Security Demand
ALLT sits 33% above its 52-week low of $6.12.
Summary
Allot posted Q2 revenue of $27.74M, up 15% YoY and ahead of the $27.45M consensus, driven by 47% growth in its Security-as-a-Service (SECaaS) segment. The company swung to a GAAP operating profit of $1.10M and net income of $2.57M. Management raised full-year 2026 revenue guidance to $115–$118M and expects SECaaS revenue growth of at least 40%. This follows the $40M buyback authorization in June and activist Kanen Wealth Management shifting to passive after that announcement. The raised outlook and accelerating SECaaS momentum suggest the turnaround is gaining traction.
At the time of this announcement, ALLT was trading at $8.12 on NASDAQ in the Technology sector, with a market capitalization of approximately $392.4M. The 52-week trading range was $6.12 to $11.92. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.