Allot Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 25.05 million compared to USD 32.77 million a year ago. Net loss was USD 20.73 million compared to USD 6.23 million a year ago. Basic loss per share from continuing operations was USD 0.55 compared to USD 0.17 a year ago. Diluted loss per share from continuing operations was USD 0.55 compared to USD 0.17 a year ago.
For the six months, sales was USD 46.17 million compared to USD 64.67 million a year ago. Net loss was USD 32.09 million compared to USD 12.36 million a year ago. Basic loss per share from continuing operations was USD 0.85 compared to USD 0.34 a year ago. Diluted loss per share from continuing operations was USD 0.85 compared to USD 0.34 a year ago.