[November 13, 2009] Allot Communications posts Q3 net loss Tweet Nov 13, 2009 (Datamonitor via COMTEX) -- Allot Communications, a provider of IP service optimization solutions, has reported a net loss of $2.27 million, or $0.10 per diluted share, for the third quarter ended September 30, 2009, compared to a net loss of $8.96 million, or $0.41 per diluted share, in the third quarter of 2008. For the third quarter of 2009, total revenues were $10.84 million, compared to $9.82 million in the same quarter of 2008. For the first nine months ended September 30, 2009, total revenues were $30.22 million, compared to $27.54 million in the same period of 2008. Net loss was $6.15 million, or $0.28 per diluted share, compared to a net loss of $17.53 million, or $0.79 per diluted share, in the same period of 2008. Rami Hadar, president and CEO of Allot Communications, said: "Allot's growth continues to be driven primarily from its leadership position in the mobile market. Since we initially announced the frame agreement with a Tier 1 mobile operator group, we have received an additional $7.6 million in orders, bringing total orders from this customer to approximately $12.6 million to date. "Our ability to provide a solution that enables mobile operators to meet the rapidly increasing demand for data services, coupled with our expertise in implementing complex, large scale projects have been key factors for Allot's success in this market." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon [ Back To TMCnet.com's Homepage ]