Core Insights - Fastly's Security segment is becoming a significant contributor to its edge platform strategy, with Q1 2025 revenues of $26.4 million, reflecting a 7% year-over-year increase and accounting for 18% of total revenues [1][10] Group 1: Security Segment Performance - The Security portfolio is designed for low-latency, automated protection across web and API environments, including solutions like Client-Side Protection, API shielding, DDoS detection, and bot mitigation [2] - Ongoing product additions and upgrades are driving momentum in the Security portfolio, with features like Client-Side Protection for unauthorized activity detection and Attack Insights for real-time DDoS traffic visibility [3][4] Group 2: Competitive Landscape - Fastly's Security stack faces competition from Fortinet and Cloudflare, both enhancing their solutions for secure digital infrastructure [5] - Fortinet is gaining traction with advanced capabilities in bot protection and API security, making it a strong competitor in Fastly's core markets [6] - Cloudflare is expanding its security platform with advanced DDoS protection and bot management, positioning it as a direct competitor to Fastly [7] Group 3: Financial Performance and Valuation - Fastly's shares have declined 25.5% year-to-date, contrasting with a 7% increase in the broader Zacks Computer & Technology sector and a 14.4% appreciation in the Zacks Internet Software industry [8] - Fastly's forward 12-month price-to-sales ratio is 1.63X, significantly lower than the industry's 5.74X, indicating a potential undervaluation [11] - The Zacks Consensus Estimate for Fastly's second-quarter loss is 5 cents per share, reflecting a 28.57% improvement year-over-year, while the 2025 loss estimate is 9 cents per share, indicating a 25% year-over-year improvement [14]

Core Insights - Radware and MAIRE have expanded their partnership to include Radware's AI-powered Cloud Application Protection Services in MAIRE's managed services portfolio, enhancing security offerings for global customers [1][2][3] - MAIRE operates in 50 countries with a workforce of over 9,800 employees, supported by approximately 50,000 professionals involved in various projects worldwide [2][6] - Radware's Cloud Application Protection Service includes a web application firewall, bot detection and management, and application-layer DDoS protection, defending against over 150 known attack vectors [3][5] 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 cyber threats [7] - MAIRE is focused on advancing the Energy Transition, providing integrated engineering and construction solutions across three business lines: Sustainable Fertilizers, Low-Carbon Energy Vectors, and Circular Solutions [6] Industry Context - The increasing frequency of cyberattacks and the shortage of skilled security personnel are driving companies to adopt managed security services as part of their security strategies [5] - Radware's solutions have received recognition from industry analysts, establishing the company as a market leader in cybersecurity [5]