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Allot Communications' stock dropped despite beating earnings expectations, puzzling investors.
Allot Communications saw a surge in put options trading and a stock price drop despite better-than-expected earnings.
The company reported earnings per share of $0.02, exceeding analysts' expectations by $0.07, with revenue of $24.91 million.
Despite a negative net margin and return on equity, StockNews.com upgraded Allot Communications' rating from "hold" to "buy."
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Las acciones de All Communications cayeron a pesar de superar las expectativas de ganancias, desconcertando a los inversores.