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]

Financial Performance - Net sales for Q1 2025 reached $155.67 billion, up 9% year-over-year and 10% on a foreign exchange (F/X) adjusted basis[5] - Operating income for Q1 2025 was $15.31 billion, a 20% increase year-over-year[13] - Net income for Q1 2025 increased 64% year-over-year to $10.43 billion[17] - Trailing twelve-month (TTM) net sales reached $650.31 billion, an increase of 10% year-over-year and 11% on an F/X adjusted basis[9] - TTM operating income increased 51% year-over-year to $71.69 billion[15] - TTM net income increased 75% year-over-year to $65.94 billion[19] Segment Performance - North America net sales were $92.89 billion, up 8% year-over-year, with operating income of $5.84 billion, up 17% year-over-year and 18% on an F/X adjusted basis[21] - International net sales were $33.51 billion, up 5% year-over-year and 8% on an F/X adjusted basis, with operating income of $1.02 billion[24] - Amazon Web Services (AWS) net sales were $29.27 billion, up 17% year-over-year, with operating income of $11.55 billion, up 23% year-over-year[27] Cash Flow and Shares - Free cash flow for the trailing twelve months was $25.93 billion, up 101% year-over-year[31] - Operating cash flow increased 15% year-over-year[32] - Common shares outstanding were 10.88 billion in Q1 2025[34]