Monday, October 8, 2012

Oppenheimer: "Allot has managed to secure a tier-1 US carrier"

StreetInsider reports that "Analysts at Oppenheimer think Allot Communications will deliver September-quarter results that are ahead of consensus"

Ittai Kidron (pictured), Analyst, says: "Our checks point to strong demand in the Americas and in-line demand in Europe. We also believe that Allot has managed to secure a tier-1 US carrier as a customer with initial revenue booked in the quarter .. our checks confirm that order patterns have remained strong post quarter's end with a pickup in activity. Overall, we expect continued strong momentum heading into 2013".
See "Oppenheimer Checks Show Pick Up at Allot Communications (ALLT)" - here.

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