Allot Ltd. (NASDAQ:ALLT) has been one of the best-performing small-cap tech stocks in the last three years. Following Q3 results, Needham & Company reiterated a Buy rating with a $12.50 price target, impressed by Allot’s positive performance. Revenue was $26.4 million, with SECaaS representing 28% of quarterly revenue and CEO Eyal Harari highlighting strong profitability.

Allot Ltd. (NASDAQ:ALLT) is an Israel-based provider of converged cybersecurity solutions and network intelligence for service providers and enterprises worldwide. Its platform supports network-native SECaaS, traffic control/shaping, and analytics, catering to over 500 service providers and 1,000 enterprises. The company reported strong Q3 results and raised full-year revenue guidance to $100-$103 million.

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Read more at Yahoo Finance: Why Needham Backed Allot in November After a Decade-High Profit Quarter