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Allot CEO touts growth trend, expects new deals in coming months

Allot (NASDAQ:ALLT) CEO Erez Antebi tells Proactive Investors about 3Q earnings, saying the network security company grew between 17% and 18% year over year and sees the trend continuing in the fourth quarter.

Erez also says that he expects to announce new security deals with new operators in the next few months, creating a "significant" basis for recurring revenue from its security division.

Quick facts: Allot Ltd

Price: 7.56 USD

NASDAQ:ALLT
Market: NASDAQ
Market Cap: $259.7 m
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on 09/06/2019

2 min read