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Exhibit 99.1 allot See . Control . Secure . Allot Announces Third Quarter 2021 Financial Results Continued revenue growth and signing of new security deals Hod Hasharon , Israel November 9 , 2021 - - Allot Ltd. ( NASDAQ : ALLT , TASE : ALLT ) , a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide , today announced its unaudited results for the third quarter of 2021 , ended September 30 , 2021 . Third Quarter 2021 Highlights • • Revenue growth of 10 % YoY to $ 38.2 million • Operating profit on a non - GAAP basis of $ 0.3 million compared to a loss of $ 1 million in Q3 2020 Net loss on a non - GAAP basis reduced by 86 % YoY to $ 0.2 million Signed Security as a Service deal with DISH in the US to deliver cybersecurity to their 5G customers Financial Outlook Management expects 2021 revenues to be between $ 145- 146 million and continues to expect to sign recurring security deals to be closed in 2021 with an MAR * of at least $ 180 million . Management expectations of Security as a Service ( SECaaS ) revenues have been delayed due to delays in service launches . Formerly forecasted SECaaS revenues levels are expected to be reached with a delay of approximately two quarters . Considering the above , management is providing the following updates to the SECaaS revenue guidance : • For 2021 , SECaaS revenues are expected to be between $ 4.1-4.3 million . • • SECaaS revenues in 2022 are expected to be between $ 10-15 million . SECaaS revenues for the 12 months between July 2022 and June 2023 are expected to be between $ 20 - $ 30 million . ARR * in December of 2021 is expected to be between $ 5-6 million and in December 2022 between $ 20-30 million . ARR measures the current annual run rate of the SECaaS revenues , which is calculated based on these expected revenues in the current month of December and multiplied by 12 .