Allot Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 22.64 million compared to USD 25.04 million a year ago. Net loss was USD 12.36 million compared to USD 12.93 million a year ago. Basic loss per share from continuing operations was USD 0.32 compared to USD 0.35 a year ago. Diluted loss per share from continuing operations was USD 0.32 compared to USD 0.35 a year ago.
For the nine months, sales was USD 68.81 million compared to USD 89.71 million a year ago. Net loss was USD 44.46 million compared to USD 25.29 million a year ago. Basic loss per share from continuing operations was USD 1.18 compared to USD 0.69 a year ago. Diluted loss per share from continuing operations was USD 1.18 compared to USD 0.69 a year ago.