Radware (RDWR) Beats Q3 Earnings and Revenue Estimates

Group 1 - Radware reported quarterly earnings of $0.23 per share, exceeding the Zacks Consensus Estimate of $0.20 per share, and showing a significant increase from $0.07 per share a year ago, representing an earnings surprise of 15% [1] - The company achieved revenues of $69.49 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.59%, and up from $61.61 million in the same quarter last year [2] - Radware has outperformed the S&P 500, with shares increasing about 33% since the beginning of the year compared to the S&P 500's gain of 21.9% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $0.22 on revenues of $70.35 million, and for the current fiscal year, it is $0.78 on revenues of $271.05 million [7] - The Internet - Software industry, to which Radware belongs, is currently ranked in the top 29% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]