Core Insights - Rapid7, Inc. has introduced new cloud security capabilities within its Exposure Command solution, enhancing proactive risk management through runtime validation and Data Security Posture Management (DSPM) [1][2] Group 1: New Features and Capabilities - The new features enable organizations to identify, validate, and prioritize exploitable risks based on real-world attack paths and business impact [1][2] - Runtime validation assesses which vulnerabilities and misconfigurations are actively exploitable, while DSPM maps sensitive data and identity access to real-world attack paths [2][3] - The integration of these features allows security teams to prioritize remediation efforts effectively, thereby strengthening resilience against potential breaches [3][4] Group 2: Industry Context and Importance - As organizations increasingly adopt hybrid and multi-cloud environments, security programs must evolve from reactive models to proactive validation strategies [2] - Rapid7's advancements in Exposure Command position it as a leader in the cybersecurity space, as evidenced by its recognition in the 2025 Gartner Magic Quadrant for Exposure Assessment Platforms [5] Group 3: Conference Participation - Rapid7 will showcase its new cloud security capabilities and innovations at the RSAC 2026 Conference in San Francisco, highlighting its commitment to advancing cybersecurity operations [5][6]

Core Insights - SentinelOne reported a significant milestone in fiscal 2026, achieving over $1 billion in annual revenue with a year-over-year growth of 22% [3][4][7] - The company emphasized a strategic shift towards profitable growth, achieving full-year operating profitability [3][4] - The fourth quarter saw record net new annual recurring revenue (ARR) of $64 million, marking the third consecutive quarter of exceeding ARR expectations [2][4][7] Financial Performance - Q4 revenue reached $271 million, reflecting a 20% increase year-over-year, with international revenue growing by 30% and accounting for 40% of total revenue [1][2] - The gross margin for Q4 was reported at 78%, with a net income margin of 9% and a 6% operating margin, an improvement of 450 basis points year-over-year [5][16] - The company ended the fiscal year with $770 million in cash and no debt, achieving its second consecutive year of positive free cash flow [5][17] Customer and Product Developments - The adoption of the Singularity Platform is driving growth, with non-endpoint solutions exceeding half of total annual bookings [6][8] - The percentage of enterprise customers using three or more solutions rose to 65%, up from 39% a year earlier, indicating increased multi-product adoption [9] - Notable traction was observed in various solution areas, including Prompt Security, which saw ARR more than double sequentially, and cloud security surpassing $160 million in ARR [6][20] Strategic Outlook - For fiscal 2027, the company guided revenue expectations between $1.195 billion and $1.205 billion, implying approximately 20% growth [7][19] - Operating income for fiscal 2027 is projected to be between $110 million and $120 million, with a 10% operating margin at the midpoint [21] - The company plans to maintain a balanced capital allocation approach, prioritizing organic investment while returning capital to shareholders [18][22] Leadership and Organizational Changes - Sonali Parekh has been appointed as the new Chief Financial Officer, succeeding Barry Padgett, who served as interim CFO [5][22] - The company does not anticipate significant headcount growth, focusing instead on improving sales productivity [22]

Oil Market - Oil prices have surged, with US crude topping $80 a barrel, the highest since January 2025, following Iran's missile attack on an oil tanker [2] - International benchmark crude futures traded over $84 a barrel, with oil prices increasing approximately 20% this week [3] - Retail gasoline prices rose nearly 27 cents to $3.25 per gallon [3] Technology Sector - Cloud and software stocks experienced a rally, led by Octa, which reported adjusted earnings of $0.90 per share on $761 million in revenue, exceeding expectations [4] - The broader cloud and cybersecurity sector had its best day since April, driven by demand for AI-driven security solutions [4] - Companies like MongoDB, Intap, Salepoint, and Zcaler also saw gains as investors returned to previously beaten-down software stocks [5] International Markets - International ETFs faced pressure, particularly the South Korean ETF EWY, which closed down over 6% despite a 9% rebound in the Kospi index [6] - Higher energy prices are raising concerns for Asian economies that heavily rely on imported oil and gas [7] Chinese Tech Industry - Chinese tech giants such as Alibaba, ByteDance, and Tencent are shifting focus to domestic memory chip makers amid a global chip shortage [8] - These companies are seeking more standard chips for their data centers, which could significantly impact China's local chip industry [8]

Investor Presentation March 2026 www.avantecorp.ca TSXV:XX TSXV:XX DISCLAIMER This presentation contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward- looking statements or information. Forward-looking statements and information are often, but not always, identified by the use of words such as "appear", "seek", ...

Financial Data and Key Metrics Changes - In Q4 2025, revenues reached $745 million, reflecting a 6% growth year-over-year, driven by an 11% increase in subscription revenues [13][14] - Non-GAAP EPS was $3.40 per diluted share, exceeding guidance, while full-year revenues totaled $2.725 billion, also above projections [14][19] - Deferred revenues grew by 9% to $2.18 billion, indicating strong future revenue visibility [14][16] Business Line Data and Key Metrics Changes - Product revenue growth was moderated due to a subscription price increase, impacting product revenues by approximately $6 million in Q4 [15] - Emerging product portfolio, including Email Security, SASE, and ERM, saw over 40% growth in ARR [17] - The company expects product revenue growth to be flat to low single digits in 2026, influenced by market conditions and memory price increases [49][80] Market Data and Key Metrics Changes - Revenue distribution showed 48% from EMEA (5% growth), 40% from America (6% growth), and 12% from Asia Pacific (9% growth) in Q4 [17] - For the full year, EMEA contributed 46% of revenues (5% growth), America 42% (7% growth), and Asia Pacific 12% (11% growth) [18] Company Strategy and Development Direction - The company is focusing on four strategic pillars: Hybrid Mesh Network Security, Workspace Security, Exposure Management, and AI Security, to address the evolving threat landscape [4][11] - Recent acquisitions, including Cyclops and Lakera, are aimed at enhancing capabilities in exposure management and AI security [9][11] - The company aims to lead the AI era of cybersecurity, emphasizing proactive prevention and the integration of AI into security solutions [4][5] Management's Comments on Operating Environment and Future Outlook - Management highlighted the need for organizations to revalidate their security foundations due to changing attack surfaces driven by AI adoption [4][39] - The company anticipates a challenging operating environment in 2026 due to memory price increases, which may impact gross margins [20][24] - The outlook for 2026 includes revenue guidance of $2.83 billion to $2.95 billion, with a focus on accelerating subscription revenue growth [28] Other Important Information - The company completed a $2 billion zero coupon convertible notes offering to enhance financial flexibility [4][23] - Operating cash flow for Q4 was $310 million, representing 42% of revenues, with a strong annual growth of 17% [26] - The company expects a tax rate of 16%-17% for 2026, influenced by new tax regulations and R&D incentive programs [24] Q&A Session Summary Question: Comparison of AI security and cloud security - Management noted that AI transformation is more foundational than cloud migration, with attackers adapting faster than defenders [36][38] Question: ASP hikes and their timing - ASP increases are expected to show effects primarily in Q2 2026, following prior bookings [42][44] Question: Product demand and guidance for 2026 - Management acknowledged a more prudent approach to product revenue guidance due to market conditions, with expectations for hardware demand to improve in the second half of 2026 [49][80] Question: Financial flexibility and acquisition strategy - The company is focused on disciplined acquisitions that enhance its position in each strategic pillar, avoiding a supermarket approach [76][77] Question: Customer demand for exposure management - There is increasing demand for situational awareness and proactive remediation in exposure management, which is becoming a core pillar of the company's strategy [92][94]

Core Insights - Check Point Software Technologies Ltd. reported solid financial results for Q4 and full year 2025, with revenue exceeding the midpoint of their outlook and EPS surpassing expectations, driven by customer adoption of their Hybrid Mesh Network and Workspace platforms [3][8]. Financial Performance - Q4 2025 total revenues reached $745 million, a 6% increase year over year, with security subscription revenues at $325 million, an 11% increase [8][21]. - Full year 2025 total revenues were $2,725 million, a 6% increase from 2024, with security subscription revenues at $1,219 million, a 10% increase [8][21]. - GAAP EPS for Q4 2025 was $2.81, a 22% increase year over year, while Non-GAAP EPS was $3.40, a 26% increase [7][10]. - Full year 2025 GAAP EPS was $9.62, a 29% increase, and Non-GAAP EPS was $11.89, a 30% increase compared to 2024 [10][23]. Strategic Initiatives - The company announced the acquisition of Cyata to enhance its AI security capabilities, focusing on securing customers' AI transformations [3][9]. - Check Point's strategy for 2026 emphasizes four pillars: Hybrid Mesh, Workspace, Exposure Management, and embedding AI-driven security across its portfolio [3][9]. Cash Flow and Shareholder Returns - Cash flow from operations in Q4 2025 was $310 million, up from $249 million in the same quarter of the previous year [14][34]. - The company repurchased approximately 2.2 million shares for about $425 million in Q4 2025, totaling approximately 6.8 million shares repurchased for $1.4 billion throughout the year [14][34]. Balance Sheet Highlights - As of December 31, 2025, cash balances, marketable securities, and short-term deposits totaled $4,342 million, significantly up from $2,784 million a year earlier [14][29]. - Total assets increased to $7,806 million from $5,754 million in 2024, reflecting strong financial health [29][30].

TEL AVIV, Israel, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today announced that it will host an Investor Day on Tuesday, February 17, 2026, to be held in person at Convene 530 Fifth Avenue, New York City. The event will feature presentations from Radware’s executive management team and is expected to begin at 9:30 a.m. ET and conclude at approximately 12:15 p.m. ET. A live webcast of the event will ...

Core Insights - Palo Alto Networks has launched the next generation of its NextWave Partner Program, focusing on "platformization" to enhance partner profitability in the AI-driven security landscape [1][2][4] Group 1: Program Overview - The NextWave Partner Program aims to shift partners away from the 'point-product' trap by promoting platform-centric security solutions that integrate security across networks, cloud, and SOC [2] - The program is designed based on direct feedback from the global partner community and emphasizes three transformative benefits [2] Group 2: Strategic Focus - The program rewards partners for delivering platformization rather than just transactional sales, empowering them to simplify security complexities for customers [4] - The initiative is expected to foster deeper strategic collaboration and trust between Palo Alto Networks and its partners, enhancing co-innovation and tailoring solutions to combat evolving cyber threats [5] Group 3: Partner Benefits - The program enhances partner margins through streamlined rebates focused on Next-Generation Firewalls (NGFW) and platformization, maximizing profitability [7] - It accelerates deal velocity with improved Configure, Price, Quote (CPQ) processes and automated deal registrations, reducing friction in closing deals [7] - A new Partner Development Fund (PDF) will reinvest earned rebates into partner-led demand generation, training, and solution development to drive differentiation [7] Group 4: Targeted Support - Managed Security Service Providers (MSSPs) will benefit from predictable, tiered pricing to develop high-margin managed services [7] - Distributors will receive enhanced capabilities and support for Managed Partner growth [7] - Global System Integrators (GSIs) will have a "Global Path" that rewards strategic consulting and multi-theater influence, with additional support coming later this year [7]

Core Insights - Radware has completed the acquisition of Pynt, enhancing its API security portfolio by adding pre-production API security testing capabilities, which allows for earlier identification and remediation of API security risks during the development lifecycle [1][3] - The acquisition is expected to provide continuous, risk-driven API security from development through production, aligning development velocity with real-world risk reduction [3][4] 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 web, application, and DDoS attacks, as well as API abuse [6] - The company aims to simplify API security for enterprise development, security, and DevSecOps teams by integrating Pynt's technology into its broader application security and API protection portfolio [4][6] Strategic Implications - The acquisition follows the recent launch of Radware's API Security Service, indicating a strategic move to enhance its offerings in the rapidly evolving API security landscape [3] - Key employees from Pynt, including its founders, have joined Radware, which may facilitate the integration of Pynt's technology and vision into Radware's existing framework [2][4]

Core Insights - Cloudastructure experienced a transformational year in 2025, marked by rapid enterprise adoption and significant revenue growth, achieving approximately 270% year-over-year revenue growth and generating over $5.0 million in recognized revenue [2][3] Financial Performance - The company reported a total contract value of $6.3 million in 2025, with fourth-quarter revenue growth reaching approximately 306% year-over-year, the highest quarterly revenue in its history [2][3] - Year-over-year revenue growth rates for 2025 included 212% in Q1, 267% in Q2, 273% in Q3, and 306% in Q4, driven by strong adoption in the multifamily sector [3] Customer Adoption - Cloudastructure achieved approximately 74% year-over-year customer growth, with significant adoption among six of the top ten NMHC-ranked property management firms [2][11] - The platform's effectiveness is evidenced by a 98% crime deterrence rate and approximately 40% first-year cost savings compared to traditional guarding solutions [4][5] Platform Innovation - The company introduced several advancements in 2025 aimed at reducing deployment friction and improving operational efficiency, enhancing its 98% real-time deterrence capability [8][12] - Innovations included powered enclosure technology for rapid deployments, mobile surveillance trailers, and proprietary video processing technology that reduces bandwidth usage by up to 50% [12] Market Expansion - Cloudastructure expanded its AI-powered video surveillance and remote guarding platform into the construction and logistics sectors, addressing elevated risks and enhancing operational efficiencies [9] - The platform enables real-time monitoring of 100% of camera feeds, allowing immediate intervention when threats are detected [9] Customer Satisfaction and Recognition - The company achieved a 100% customer satisfaction score and approximately 99% customer retention, reflecting strong customer satisfaction and confidence in the platform [13][14] - Cloudastructure received multiple industry honors, including the Multi-Housing News Excellence in Technology Award and recognition for CEO James McCormick as Maverick of the Year [17]