Core Insights - Radware held its Annual General Meeting of Shareholders on December 22, 2025, where four proposals were presented for shareholder voting, with three proposals being adopted and one related to compensation terms for non-employee directors not being approved [1] Company Overview - Radware is a global leader in application security and delivery solutions for multi-cloud environments, utilizing AI-driven algorithms for real-time protection against sophisticated cyber threats [2]

Multi-year, multimillion-dollar agreement signed with top-ten SaaS and IT service management leaderMAHWAH, N.J., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today announced a significant new multi-year customer win with a leading global SaaS enterprise software company. As part of the agreement, the customer has deployed Radware’s DefensePro® DDoS mitigation solution to protect its critical applicatio ...

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgency to invest now [1][13] - The energy demands of AI technologies are highlighted, with data centers consuming as much energy as small cities, leading to concerns about power grid strain and rising electricity prices [2][3] Investment Opportunity - A specific company is positioned as a critical player in the AI energy sector, owning essential energy infrastructure assets that will benefit from the increasing energy demands of AI [3][7] - This company is not a chipmaker or cloud platform but is described as a "toll booth" operator in the AI energy boom, profiting from the surge in electricity demand [4][5] Financial Position - The company is noted for being debt-free and holding a significant cash reserve, amounting to nearly one-third of its market capitalization, which positions it favorably compared to heavily indebted competitors [8][10] - It also has a substantial equity stake in another AI-related company, providing indirect exposure to multiple growth engines in the AI sector [9][10] Market Trends - The company is strategically aligned with trends such as the onshoring boom driven by tariffs and the surge in U.S. LNG exports, which are expected to grow under the current administration's energy policies [6][7][14] - The influx of talent into the AI sector is expected to drive continuous innovation and advancements, reinforcing the long-term growth potential of investments in AI [12] Future Outlook - The narrative emphasizes that AI is a disruptive force reshaping traditional industries, and companies that adapt to this change are likely to thrive [11] - The potential for significant returns is highlighted, with projections suggesting a possible 100% return within 12 to 24 months for investors who act now [15]

Industry Overview - The cybersecurity sector is increasingly vital as the risk of data breaches and cybercrimes rises, driven by the AI revolution [3][4] - IBM's 2025 report indicates the global average cost of data breaches is $4.44 million, with U.S. incidents averaging $10.22 million, particularly high in the healthcare sector at $7.42 million [1][2] Market Growth - The cybersecurity market is projected to grow to $270 billion, with a 12% annual growth rate as companies increase spending on cybersecurity products by 50% [4][5] - Increased spending on security software is expected to capture a larger share of IT budgets due to the rising volume of cyberattacks [5] Investment Opportunities - Focus is shifting towards cybersecurity companies that can demonstrate consistent revenue growth and profitability [6] - A list of the best cybersecurity stocks under $50 has been compiled, highlighting those favored by elite hedge funds [8][9] Company Highlights - **Allot Ltd. (NASDAQ: ALLT)**: Current stock price is $9.25 with a 42.71% upside potential. The company reported a 14% year-over-year revenue growth, totaling $26.4 million, and a significant increase in net income [11][12][13] - **Radware Ltd. (NASDAQ: RDWR)**: Current stock price is $23.60 with a 54.39% upside potential. The company recently launched the LLM Firewall to protect against AI-targeted attacks and signed a partnership with Hitachi Solutions for its Cloud Application Protection Service [16][17][19]

Core Insights - Radware has launched the LLM Firewall, an innovative solution aimed at enhancing cybersecurity for enterprises utilizing integrated LLM modules in applications [1][2] - The LLM Firewall provides real-time, AI-based protection at the prompt level, addressing security concerns related to prompt injection, jailbreaks, and resource abuse [2] - This solution is designed to help organizations comply with global data protection standards such as GDPR and HIPAA by preventing the exfiltration of personally identifiable information [2] Company Overview - Radware is a leading provider of cybersecurity and application delivery solutions, focusing on multi-cloud environments [3] - The company's offerings include AI-driven algorithms for real-time protection against sophisticated web, application, and DDoS attacks [3] - Radware's solutions are relied upon by enterprises and carriers worldwide to address evolving cybersecurity challenges while reducing operational costs [3]

Core Points - Radware, a leader in application security and delivery solutions, will hold its 2025 Annual General Meeting on December 22, 2025, at 9:00 a.m. (EST) [1] - The record date for shareholders to participate in the meeting is November 18, 2025 [1] - The agenda includes the presentation of financial statements for the year ended December 31, 2024, and the auditors' report [2] Proposals - The meeting will include proposals to elect three Class II directors until the 2028 annual meeting [8] - Approval of the renewal of the Company's Compensation Policy for Executive Officers and Directors is on the agenda [8] - Compensation terms for non-employee directors, including equity-based awards, will be proposed [8] - The reappointment of Kost Forer Gabbay & Kasierer as auditors and authorization for the Board to fix their remuneration will be discussed [8] Voting Requirements - All proposals require a simple majority of shares voted, with specific conditions for Proposals 2 and 3 regarding disinterested shareholders [3] - The company currently has no controlling shareholder as defined by Israeli law [3] Quorum and Adjournment - If a quorum is not present, the meeting will be adjourned to the same time and place the following week [4] Additional Information - Shareholders will receive a proxy statement detailing the proposals and a proxy card for voting [5] - The proxy statement will also be filed with the U.S. Securities and Exchange Commission [5] Company Overview - Radware specializes in cybersecurity and application delivery solutions for various data center environments [6] - The company aims to provide infrastructure and IT protection to enhance business continuity and productivity while managing costs [6]

Core Viewpoint - Hitachi Solutions and Radware are collaborating to launch the Cloud Application Protection Service, a cloud-based solution aimed at enhancing application and DDoS protection in response to a significant increase in DDoS attacks in Japan since late 2024 [1][2][4]. Group 1: Service Features and Capabilities - The Radware Cloud Application Protection Service utilizes AI-powered algorithms to detect and mitigate various types of DDoS attacks, including zero-day attacks, within seconds, optimizing security policies without disrupting legitimate traffic [2][8]. - The service automatically adjusts thresholds as attacks evolve, allowing for real-time defense and reducing operational burdens on businesses [2][8]. - Hitachi Solutions will also provide comprehensive support through its Cyber Resilience Solutions, which include consulting by white-hat hackers and incident response services [4][7]. Group 2: Market Context and Demand - DDoS attacks have surged by 550% from 2023 to 2025, with attacks becoming more sophisticated and targeting application layers and encrypted traffic [6]. - Large-scale DDoS attacks in late 2024 caused significant disruptions in Japan, highlighting the urgent need for enhanced cyber resilience and real-time detection capabilities [6][7]. - The partnership aims to address the unique cybersecurity challenges faced by organizations in Japan, particularly as digital transformation accelerates [4][6]. Group 3: Strategic Partnerships and Support - Hitachi Solutions is promoting Radware's hardware-based DDoS protection platforms, DefensePro® X, to provide end-to-end support against advanced threats [5]. - Radware's global cloud security centers will be utilized to mitigate attacks close to their origin, enhancing load balancing and minimizing latency [8]. - The collaboration is positioned to strengthen the cybersecurity posture of enterprises in Japan, ensuring business continuity amid increasing cyber threats [4][6].

Group 1 - The article does not provide any specific content related to a company or industry [1]

Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $75 million, representing an 8% year-over-year growth [4][12] - Non-GAAP earnings per share increased by 22% year-over-year to $0.28 [4][18] - Total ARR rose to $240 million, up 8% year-over-year [14][18] - Gross margin remained strong at 82.2%, consistent with Q3 2024 [15][18] - Operating income grew 34% year-over-year to $9.6 million [16] - Net income increased by 24% year-over-year to $12.6 million [18] Business Line Data and Key Metrics Changes - Cloud Security ARR climbed to $89 million, up from $72 million in Q3 last year, with a growth trajectory of 24% year-over-year [4][13] - Subscription revenue grew 21%, accounting for 52% of total revenue compared to 47% in the same period last year [6] - DefensePro X refresh cycle grew approximately 40% year-over-year [9] Market Data and Key Metrics Changes - Revenue in the Americas rose 28% year-over-year to $35.4 million, representing 47% of total revenue [15] - EMEA revenue decreased by 10% year-over-year to $22.8 million, accounting for 30% of total revenue [15] - APAC revenue increased by 3% year-over-year to $17.1 million, contributing 23% of total revenue [15] Company Strategy and Development Direction - The company is focused on expanding its business in cloud security, driving innovation through AI and automation, and strengthening global Go-to-Market capabilities [4][10] - The company plans to open additional cloud security centers to meet growing demand [5] - API security is identified as the third wave in the cloud security growth strategy, with significant potential for 2026 [7] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the demand environment, indicating strong momentum going into Q4 [28] - The company expects total revenue for Q4 2025 to be in the range of $78 million to $79 million [19] - Management highlighted the importance of ARR as a guiding indicator for future revenue growth [29] Other Important Information - Cash flow from operations in Q3 2025 was -$4.2 million, primarily due to an increase in accounts receivable [18] - The company ended the quarter with approximately $455 million in cash and marketable securities [19] Q&A Session Summary Question: How are operations going in North America? - Management indicated plans to ramp investments further in North America due to strong momentum and opportunities in cloud security [24] Question: What is the competitive position in the market? - Management emphasized the strength of their algorithmic-based security capabilities and fully managed services as key differentiators [25] Question: How did demand compare to Q2? - Management noted that demand remained stable and expressed encouragement regarding guidance for Q4 [28] Question: Will billing follow the same trajectory as RPO? - Management expects billing and cash collection to be stronger in Q4, anticipating a return to positive cash flow from operations [31]

Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $75 million, representing an 8% year-over-year growth [4][12] - Non-GAAP earnings per share increased by 22% year-over-year to $0.28 [4][18] - Gross margin remained strong at 82.2%, consistent with Q3 2024 [15][16] - Operating income grew 34% year-over-year to $9.6 million [16] - Net income rose 24% year-over-year to $12.6 million [18] Business Line Data and Key Metrics Changes - Cloud Security ARR increased to $89 million, up from $72 million in Q3 last year, reflecting a 24% year-over-year growth [4][13] - Subscription revenue grew by 21%, accounting for 52% of total revenue compared to 47% in the same period last year [6] - DefensePro X refresh cycle grew approximately 40% year-over-year [9] Market Data and Key Metrics Changes - Revenue in the Americas rose 28% year-over-year to $35.4 million, representing 47% of total revenue [15] - EMEA revenue decreased by 10% year-over-year to $22.8 million, accounting for 30% of total revenue [15] - APAC revenue increased by 3% year-over-year to $17.1 million, contributing 23% of total revenue [15] Company Strategy and Development Direction - The company is focused on expanding its business in cloud security, driving innovation through AI and automation, and strengthening global go-to-market capabilities [4][10] - The company plans to open three additional cloud security centers in Q4 2025, bringing the total to eight for the year [5] - The company aims to enhance its competitive edge through algorithmic-based security solutions and fully managed services [24][34] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the demand environment, indicating strong growth potential in Q4 2025 [27][28] - The company expects total revenue for Q4 2025 to be in the range of $78 million to $79 million [19] - Management highlighted the importance of ARR as a guiding indicator for future revenue growth [28] Other Important Information - Cash flow from operations in Q3 2025 was negative $4.2 million, primarily due to an increase in accounts receivable [18] - The company ended the quarter with approximately $455 million in cash and marketable securities [19] Q&A Session Summary Question: How are operations going now, and are there any areas for reorganization? - Management indicated satisfaction with North America's progress but plans to increase investments further to capture growth opportunities [23] Question: How would you describe your competitive position in the market? - Management emphasized the strength of their algorithmic-based security capabilities and fully managed services as key competitive advantages [24] Question: Can you discuss the demand environment in the quarter? - Management noted that demand remained stable compared to previous quarters, with strong visibility into Q4 [27][28] Question: Will billings follow the same trajectory as RPO? - Management expects billing and cash collection to be stronger in Q4, anticipating a return to positive cash flow from operations [30] Question: Are larger competitors focusing on other areas presenting an opportunity for customer acquisition? - Management confirmed that competitors broadening their offerings allows the company to focus on application and API security, presenting significant growth opportunities [34]