Workflow
Radware Reports First Quarter 2025 Financial Results
RadwareRadware(US:RDWR) Globenewswireยท2025-05-07 10:00

Core Insights - Radware reported a strong start to 2025 with first quarter revenue increasing by 11% year-over-year, marking the third consecutive quarter of double-digit growth [2][3] - The company achieved a GAAP net income of $4.3 million, or $0.10 per diluted share, compared to a net loss of $1.2 million, or $(0.03) per diluted share, in the same quarter of 2024 [3][21] - Non-GAAP net income for the first quarter of 2025 was $11.8 million, or $0.27 per diluted share, up from $6.8 million, or $0.16 per diluted share, in Q1 2024 [3][9] Financial Performance - Total revenue for Q1 2025 was $72.1 million, reflecting an 11% increase from $65.1 million in Q1 2024 [3][21] - Cash flow from operations was reported at $22.4 million for the first quarter of 2025, with a trailing twelve-month cash flow of $72.9 million [4][9] - The company had cash, cash equivalents, short-term and long-term bank deposits, and marketable securities totaling $447.9 million as of March 31, 2025 [4] Regional Revenue Breakdown - Revenue in the Americas for Q1 2025 was $27.4 million, a slight increase of 1% from $27.1 million in Q1 2024 [10] - Revenue in the EMEA region reached $28.4 million, representing a significant increase of 25% from $22.7 million in Q1 2024 [10] - The Asia-Pacific region generated $16.3 million in revenue, up 7% from $15.3 million in the same quarter of 2024 [10] Key Performance Indicators - The company's Cloud Annual Recurring Revenue (ARR) was reported at $80 million, reflecting a 19% increase year-over-year [9] - Non-GAAP diluted EPS increased to $0.27 from $0.16 in Q1 2024, while GAAP diluted EPS improved from $(0.03) to $0.10 [9][21]