Radware (RDWR) Q1 2025 Earnings Call May 07, 2025 08:30 AM ET Company Participants Yisca Erez - Director of Investor RelationsRoy Zisapel - Co-Founder, CEO, President & DirectorGuy Avidan - Chief Financial OfficerJoseph Gallo - Senior Vice President Operator 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 ...

Core Viewpoint - CrowdStrike plans to lay off nearly 500 employees, approximately 5% of its global workforce, as part of a strategic initiative to significantly enhance operational efficiency while continuing to hire in key strategic areas [1][2] Group 1: Strategic Plan and Financial Performance - The company announced a strategic plan aimed at advancing operational transformation to significantly improve operational efficiency [1] - CrowdStrike aims to achieve an annual recurring revenue (ARR) target of $10 billion [1] - The financial performance for the first quarter of fiscal year 2026 is expected to align with or exceed the guidance provided in the fourth quarter results announced on March 4 [1] - The company reaffirmed its performance guidance for fiscal year 2026 [1] Group 2: Costs Associated with Layoffs - The estimated costs related to the strategic plan are projected to be between $36 million and $53 million, with approximately $7 million expected to be recognized in the first quarter of fiscal year 2026 [1] - The majority of the remaining costs will be incurred in the second quarter of fiscal year 2026 [1] - These costs primarily include future cash expenditures for severance, employee benefits, and related expenses, estimated between $19 million and $26 million, as well as stock-based non-cash compensation expenses estimated between $10 million and $20 million [1]

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 ...

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 ...

Core Insights - Fortinet has launched the FortiGate 700G series, a next-generation firewall designed for modern campuses, featuring advanced capabilities such as post-quantum cryptography and AI-driven threat detection [1][2] Performance and Specifications - The FortiGate 700G series offers up to 7x higher firewall throughput (164 Gbps) and 4x better threat protection (26 Gbps) compared to industry averages [4][5] - It supports IPsec VPN throughput of 55 Gbps, which is also 7x higher than competitors [4] - The series can handle 16 million concurrent sessions and 700,000 connections per second, outperforming other leading brands [6] Energy Efficiency - The FortiGate 700G series consumes 1.8 watts per Gbps for firewall throughput, which is 7x more efficient than the industry average [6] - For IPsec VPN throughput, it consumes 5.4 watts per Gbps, 6x lower than competitors [6] Advanced Security Features - The series includes FortiAI-Protect for AI-driven threat detection and risk mitigation, enhancing the ability to block sophisticated cyber threats [5] - It features post-quantum cryptography readiness, enabling organizations to protect sensitive data against future quantum threats [5] Integration and Scalability - Fortinet's Security Fabric integrates the FortiGate 700G series into a unified cybersecurity platform, providing centralized management and real-time visibility across hybrid environments [7] - The series supports a wide range of network interfaces from 5GE to 25GE, allowing for flexibility and future upgrades without significant costs [5]

Core Viewpoint - KVH Industries, Inc. has launched the CommBox™ Edge Secure Suite, a cybersecurity service designed to detect, prevent, and report threats to maritime communications and operations, enhancing the security of vessels and fleets [1][2][3]. Product Features - The Secure Suite actively identifies and blocks harmful traffic in real time, reducing risks to vessel communications and network security [1]. - It is compatible with CommBox Edge 6, Edge 2 belowdeck appliances, and the CommBox Edge virtual machine option, making it a versatile upgrade [1]. - The service includes an Intrusion Prevention System (IPS), active quarantine capabilities, and a cloud-based Threat Dashboard for comprehensive cybersecurity [3][4]. Deployment and Integration - CommBox Edge Secure Suite is designed for rapid, easy, and affordable deployment, maximizing IT resources while optimizing communications [2]. - It supports various wide area network (WAN) options, including VSAT, low earth orbit (LEO) services, and 5G cellular, accommodating up to thirty onboard local area networks [4]. Advanced Technology - The Secure Suite utilizes advanced cybersecurity technology from Cisco Talos and Cisco Snort to monitor and respond to cyber threats in real time [7]. - It captures detailed threat logs for analysis and actionable insights, ensuring compliance with industry standards and enhancing network performance [7]. Company Overview - KVH Industries, Inc. is a global leader in maritime and mobile connectivity, providing solutions for commercial maritime, leisure marine, military/government, and land mobile applications [8]. - The company was founded in 1982 and is headquartered in Middletown, RI, with operations worldwide [8].

Core Insights - Corero Network Security released its 2025 Threat Intelligence Report, highlighting the evolution of DDoS attacks in 2024 and the increasing complexity for defenders [1][6] DDoS Attack Trends - Attackers are shifting from large, disruptive floods to more frequent, evasive, and coordinated attacks, complicating defense strategies [2][3] - The average number of attacks experienced by Corero customers reached 11 per day in 2024, marking a 5% year-over-year increase [3] - Attacks in the 1–5Gbps range have declined from 19.4% in 2019 to 12.4% in 2024, indicating a strategic shift towards either stealthy sub-1Gbps probes or large-scale floods [3][4] Attack Tactics - A growing trend of multi-vector attacks has been observed, where attackers rotate between protocols every 30–60 seconds, forcing defenders to constantly adapt [4] Defense Challenges - Over 50% of surveyed defenders reported difficulties in team coordination, while 68% struggled to demonstrate the ROI of DDoS protection to leadership [5] - Smaller DDoS attacks are increasingly seen as precursors to more significant incidents, necessitating integrated and automated responses [6] Company Overview - Corero Network Security specializes in DDoS protection solutions, offering automatic detection and protection with network visibility and analytics [7]

MCLEAN, Va., May 07, 2025 (GLOBE NEWSWIRE) -- Cycurion (Nasdaq: CYCU) ("Cycurion" or the "Company"), a trusted leader in IT cybersecurity solutions and AI, announces that W. Eric Singleton, Vice President of Operations, will be a featured speaker at the Armed Forces Communications and Electronics Association's (AFCEA) TechNet Cyber 2025, one of the premier events for cyber leaders in the Department of Defense, intelligence community, and defense industry. Mr. Singleton's presentation is titled, "ARx: Active ...

Core Insights - Akamai Technologies has announced a strategic partnership with FPT Corporation to enhance cloud application deployment and optimization on Akamai Cloud [1][2] - The collaboration aims to leverage FPT's expertise in cloud migration, AI, and automation alongside Akamai's robust platform to deliver value to customers [2][3] Company Overview - FPT Corporation operates in 30 countries, with a significant presence in the Americas, employing over 1,000 professionals since entering the region in 2008 [4] - In 2024, FPT's global IT services achieved a 27.4% year-on-year revenue increase, contributing 79% of its total technology revenue and 91% of its pre-tax profit [4] - FPT reported a total revenue of USD 2.47 billion in 2024, with a workforce exceeding 54,000 employees [7] Partnership Details - The partnership will enable organizations to optimize multi-cloud and distributed environments, enhancing performance and cost efficiencies [2][3] - FPT and Akamai demonstrated AI capabilities at the 2025 NAB Show, showcasing how AI can transform media archives into monetizable assets [3] Financial Performance - FPT reported a robust first-quarter performance in 2025, with revenue increasing by 13.9% and profit before tax up 19.4% year-on-year [4] - The technology sector remains a key growth driver for FPT, achieving a 15.3% year-on-year increase, supported by a 17% rise in revenue from global IT services [4]

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]