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Allot Ltd  (ALLT)
Other Ticker:  
 
    Sector  Technology    Industry Computer Networks
   Industry Computer Networks
   Sector  Technology
 
Price: $2.2300 $-0.03 -1.327%
Day's High: $2.28 Week Perf: 1.36 %
Day's Low: $ 2.21 30 Day Perf: 17.37 %
Volume (M): 37 52 Wk High: $ 3.34
Volume (M$): $ 82 52 Wk Avg: $2.23
Open: $2.26 52 Wk Low: $1.19



 Market Capitalization (Millions $) 82
 Shares Outstanding (Millions) 37
 Employees -
 Revenues (TTM) (Millions $) 123
 Net Income (TTM) (Millions $) -32
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 6

Allot Ltd
Allot Ltd is a leading provider of cybersecurity and network intelligence solutions that empower service providers and enterprises to protect their networks and customers from the latest cyber threats. The company was established in Israel in 1996 and has since expanded its operations across the globe. With a workforce of over 600 employees and a turnover of around $110 million, Allot Ltd is recognized as a leader in its domain.

The company's solutions are designed around the idea of using sophisticated algorithms to identify and mitigate cyber threats before they can inflict significant damage. Allot's cybersecurity solutions cover a range of areas, including mobile security, IoT security, web security, network security, and more. The company's network intelligence offerings help service providers and enterprises to monitor, analyze, and optimize their networks to deliver a superior user experience.

One of the key strengths of Allot's solutions is their flexibility and scalability. They can be customized to meet the specific needs of a wide range of clients that operate in different industries and sectors. Allot's clients span a range of industries, including service providers, financial services, education, government, hospitality, and healthcare.

Allot's products are distributed to customers through a global network of partners, resellers, and distributors. The company has forged strategic partnerships with leading technology providers such as Cisco, IBM, Oracle, and more. Through these collaborations, Allot is able to leverage cutting-edge technologies and integrate its solutions with other industry-leading products to deliver comprehensive cybersecurity and network intelligence solutions.

Allot Ltd is committed to driving innovation in the cybersecurity and network intelligence domain. The company invests heavily in research and development and has a team of over 250 engineers and researchers working in its R&D centers across the globe. The company has been awarded over 40 patents for its innovative solutions over the years.

In conclusion, Allot Ltd is a leading cybersecurity and network intelligence solutions provider that has carved a niche for itself in the industry. Its products are designed to meet the needs of a wide range of customers and provide proactive protection from the latest threats. The company's commitment to innovation and customer satisfaction has helped it to establish a strong reputation in the market, making it a preferred choice for businesses looking to shore up their cybersecurity and network intelligence capabilities.


   Company Address: 22 Hanagar Street Hod-Hasharon 4501317
   Company Phone Number: (9) 762-8419   Stock Exchange / Ticker: NASDAQ ALLT
   ALLT is expected to report next financial results on March 27, 2024.


   

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Wearable Devices Ltd

Wearable Devices Ltd. Reports Strong Financial Performance in Fourth Quarter of 2023

roduction
YOKNEAM ILLIT, ISRAEL, Jan. 04, 2024 - Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW), a leading technology growth company specializing in AI-powered touchless sensing wearables, has reported strong financial results for the fourth quarter of 2023. While the Computer Networks sector faces diminishing businesses and revenue, Wearable Devices Ltd. continues to prosper and position itself for growth in 2024.
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In the fourth quarter of 2023, Wearable Devices Ltd. recorded a net loss of $-7.814 million, higher than the $-6.496 million reported in the previous year. However, it is noteworthy that the company reduced its loss per share from $-0.53 to $-0.48 on a year-on-year basis, indicating improved financial efficiency.

Tianci International Inc

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Tianci International Inc, a leading computer networks company, recently disclosed its financial results for the November-January 2024 interval. The company reported a revenue of $2.894128 million, showcasing its strong performance. Additionally, Tianci International Inc experienced significant growth in its net income, transforming a net loss recorded in the same period last year. This article aims to delve into the company's financial highlights and shed light on its positive accomplishments.
Revenue Growth:
Tianci International Inc witnessed impressive revenue growth during the November-January 2024 interval, reaching $2.894128 million. This substantial increase marks a positive outlook for the company, reflecting its ability to expand its customer base and generate higher sales figures. The revenue growth suggests that Tianci International Inc's products and services are in demand, leading to a healthy financial performance.

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However, it is interesting to note that despite Cisco Systems Inc.'s decline, the Computer Networks sector as a whole posted a revenue gain in the second quarter of 2024. In contrast, Cisco Systems Inc.'s income faded by 26.97% to $0.89 per share, and revenue deteriorated by 12.797% to $14.67 billion.

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Strong Financial Performance:
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Despite the financial setbacks, Lantronix Inc continues to flourish in the second quarter of 2024. Compared to other entities in the Computer Networks industry that are experiencing diminishing transactions and revenue, Lantronix Inc stands out with its resilience and ability to maintain revenue growth. In the second quarter of 2024, revenue advanced by 12.131% from the previous quarter, reaching $33.03 million.






 

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