• Allot's Q2 revenue up 9% YoY to $24.1mln
• SECaaS revenue up 73% YoY to $25.2mln
• GAAP operating loss narrows to $0.4mln
• Non-GAAP operating profit at $1.2mln
• Strong positive operating cash flow of $4.4mln
Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading provider of innovative network intelligence and security solutions, has announced its second-quarter 2025 financial results. The company reported a 9% year-over-year (YoY) increase in total revenue, reaching $24.1 million. This growth was driven by a significant 73% YoY increase in its Security as a Service (SECaaS) revenue, which amounted to $25.2 million, representing 27% of overall revenue [1].
Despite the strong revenue growth, Allot reported a GAAP operating loss of $0.4 million, a notable improvement from the $3.4 million loss in the same period last year. The company also reported a non-GAAP operating profit of $1.2 million, a substantial improvement over the $1.0 million loss in the second quarter of 2024. The positive operating cash flow for the quarter was $4.4 million, up from $1.2 million in the previous year [1].
Eyal Harari, CEO of Allot, commented on the results, stating, "We are very pleased with our strong Q2 financial results, which benefited from exceptional SECaaS performance. SECaaS ARR was up 73% year-over-year, and SECaaS revenue exceeded 25% of our overall revenue. This strong SECaaS performance drove our overall company revenue growth to 9% year-over-year and supported our improvement in profitability." Harari also noted that the company's recent agreements, including a landmark deal with a tier-1 EMEA telecom operator, are contributing to the strong SECaaS revenue growth [1].
Looking ahead, Allot has introduced full-year 2025 revenue guidance of $98-102 million and increased its 2025 SECaaS ARR year-over-year growth expectations to a range of 55-60%. The company also used the proceeds from a recent public offering to repay $31.4 million in convertible debt and for general corporate purposes [1].
References:
[1] https://www.prnewswire.com/news-releases/allot-announces-second-quarter-2025-financial-results-302530009.html
Comments
No comments yet