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Radware(RDWR) - 2025 Q1 - Earnings Call Transcript
2025-05-07 13:30
Radware (RDWR) Q1 2025 Earnings Call May 07, 2025 08:30 AM ET Speaker0 Welcome to the Radware Conference Call discussing First Quarter twenty twenty five Results. Thank you all for holding. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As a reminder, this conference is being recorded on 05/07/2025. I would now like to turn the call over to Yiska Erez, Director, Investor Relations at Radware. Please go ahead. Speaker1 Thank ...
Radware(RDWR) - 2025 Q1 - Earnings Call Presentation
2025-05-07 13:12
Investor Presentation May 2025 Safe Harbor This presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radware's plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as "believes," "expects," "anticipates," "intends," "estimates," "plans," and similar exp ...
Radware (RDWR) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-07 12:15
Radware (RDWR) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.39%. A quarter ago, it was expected that this network management software maker would post earnings of $0.24 per share when it actually produced earnings of $0.27, delivering a surprise of 12.50%.Over the last four quar ...
After Strong Quarter, Radware Announces U.S. Expansion
Globenewswire· 2025-05-07 10:15
Core Insights - Radware is implementing an aggressive growth strategy in the U.S. market, focusing on expanding its cloud services and enhancing its application security solutions [1][2] - The company has reported strong first-quarter financial results, which supports its expansion efforts [1] Leadership and Team Expansion - Radware has appointed new U.S. executives, including Constance Stack as chief growth officer, Randy Wood as senior vice president of North American sales, and Joshua Bafalis as director of acquisition sales [3][4] - The new leadership team is tasked with driving revenue growth and increasing market share in the U.S. [2][8] - The company has filled over 30 new positions across various departments to support its growth initiatives [5] Strategic Partnerships and Technology - Radware has formed a new partnership with SUSE to enhance its Kubernetes Web Application and API Protection (KWAAP) solutions [6] - The collaboration aims to provide a comprehensive security solution for modern application developers [6] AI Innovation - The company has launched AI SOC Xpert, a next-generation cloud service designed to combat AI-driven threats, which significantly reduces the mean time to resolution by up to 95% [7] - This service is part of Radware's EPIC-AI™ platform, enhancing its capabilities in threat detection and response [7] Market Positioning - Radware's leadership emphasizes the company's unique ability to provide both on-premises and cloud solutions, addressing the needs of enterprises transitioning to the cloud [8] - The executives express confidence in Radware's technology and its potential to outperform competitors in the application security market [8]
Radware Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-07 10:00
First Quarter 2025 Financial Results and Highlights Revenue of $72.1 million, an increase of 11% year-over-yearCloud ARR of $80 million, an increase of 19% year-over-yearNon-GAAP diluted EPS of $0.27 vs. $0.16 in Q1 2024; GAAP diluted EPS of $0.10 vs. $(0.03) in Q1 2024Cash flow from operations of $22.4 million in Q1 and $72.9 million over the trailing 12 months TEL AVIV, Israel, May 07, 2025 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for mul ...
Radware Launches New Cloud Security Service Centers in India and Kenya
GlobeNewswire News Room· 2025-05-02 10:00
Core Insights - Radware has launched new cloud security service centers in Chennai and Mumbai, India, and Nairobi, Kenya, expanding its global network to over 50 centers with a mitigation capacity of up to 15 Tbps [1][2] Group 1: Company Developments - The new service centers will enhance Radware's ability to mitigate attacks close to their origin, improving application response times and reducing mitigation response times against various attacks [2] - Radware's ongoing investments in its security network are crucial for its cloud security growth strategy, emphasizing the importance of cloud innovation in providing industry-leading cyber protection [4] - The company has received multiple awards for its DDoS mitigation and application protection solutions, being recognized as a market leader by various industry analysts [4] Group 2: Industry Trends - According to Radware's 2025 Global Threat Analysis Report, web DDoS attacks surged by 550% globally, while web application and API attacks increased by 41% from 2023 to 2024, indicating a significant rise in cyber threats [3] - The increasing frequency, magnitude, and sophistication of cyber threats highlight the growing need for advanced security solutions in the industry [4] Group 3: 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 [5] - Enterprises and carriers worldwide rely on Radware's solutions to address evolving cybersecurity challenges while reducing costs [5]
Radware Lands Largest Cloud Security Services Agreement to Date
Globenewswire· 2025-05-01 10:00
Expands relationship with U.S. Fortune 500 fintech across full cloud DDoS and application security suiteMAHWAH, N.J., May 01, 2025 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today announced it recorded a major customer win, securing its largest cloud security services agreement to date. The multi-year, multimillion dollar agreement is part of a renewal and expanded relationship with a global, Fortune 500 financial ...
Radware (RDWR) Soars 5.5%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-24 12:35
Radware (RDWR) shares ended the last trading session 5.5% higher at $22.24. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 8.4% loss over the past four weeks.The upswing can be attributable to a strong broader market recovery on hopes that US-China trade tension could ease soon.This network management software maker is expected to post quarterly earnings of $0.23 per share in its upcoming report, which represents ...
Radware Announces Extraordinary General Meeting
Newsfilter· 2025-04-24 10:00
Core Points - Radware will hold an Extraordinary General Meeting of Shareholders on May 29, 2025, to discuss equity-based awards and modifications to the CEO's annual bonus structure [1][2] - The proposal requires a simple majority approval, with specific conditions regarding disinterested shareholders [3] - In case of insufficient quorum, the meeting will be adjourned to the same time and place the following week [4] Company Information - Radware is a global leader in application security and delivery solutions for multi-cloud environments, utilizing AI-driven algorithms for real-time protection against various cyber threats [6] - The company provides solutions that help enterprises and carriers address evolving cybersecurity challenges while reducing costs [6]
Radware Finds 57% of Online Shopping Traffic Now Bots, Not Buyers
Newsfilter· 2025-04-23 14:30
MAHWAH, N.J., April 23, 2025 (GLOBE NEWSWIRE) -- Radware® (NASDAQ:RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today released its "2025 E-commerce Bot Threat Report." The report found that automated bots—good and bad bots—accounted for 57% of e-commerce website traffic during the 2024 holiday season. It marks the first time that automated, non-DDoS generating bots drove more traffic than human shoppers, signaling a critical shift in the cybersecurity l ...