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Stock impact report

Radware Reports First Quarter 2024 Financial Results

Radware Ltd. - Ordinary Shares (RDWR) 
Last radware ltd. - ordinary shares earnings: 2/12 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: radware.com/ir
Company Research Source: GlobeNewswire
First Quarter 2024 Financial Results and Highlights Revenue of $65.1 million, a decrease of 6% year-over-yearCloud ARR of $67.0 million, an increase of 22% year-over-yearNon-GAAP EPS of $0.16; GAAP net loss per diluted share of $0.03Cash flow from operations of $21.1 million. TEL AVIV, Israel, May 08, 2024 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced its consolidated financial results for the first quarter ended March 31, 2024. “We delivered a solid first quarter performance in 2024, exceeding the high-end of our revenue and EPS guidance while producing 22% year-over-year growth in cloud ARR,” said Roy Zisapel, Radware’s president and CEO. “During the quarter, we saw recovery in customer spending, driven by a slight improvement in the business environment and a surge in cyber-attacks. Looking ahead in 2024, we intend to capitalize on the strong growth across our cloud security business and pa Show less Read more
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