Tuesday, August 2, 2011

Allot Expects "Above 10% Customer" for FY2011

During its Q2 earning call (here), Allot's management team was asked about 2011 10% customers. Allot's CFO, Nachum Falek (pictured), said that Allot:
  • Had 2 10% customers in Q1 and one in Q2
  • Expects at least one more quarterly 10% customer (not one of Q1 10% customers)
  • Expects that a European mobile operator will be "above 10% customer on an annual basis", based on expected revenues during 2nd half of 2011
By the current revenue rate, this means that the larger customer will generate above $7M this year.

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