RDWR News

Radware® (RDWR), a leading provider of cyber security and application delivery solutions, announced it has been selected by the global corporate security team of a top-10 global telecom company as the preferred vendor for DDoS mitigation solutions. The company purchased Radware’s DefensePro® and DefenseFlow® for DDoS detection and mitigation as well as Radware’s Security Update Subscription service for network visibility/analytics. “This leading telecom company selected Radware because of our world-class behavioral-based detection and real-time signature creation capabilities,” said Roy Zisapel, Radware Chief Executive Officer.

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Radware (RDWR) delivered earnings and revenue surprises of -6.67% and -1.74%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Ladies and gentlemen, thank you for standing by, and welcome to the Radware Q1 '20 Earnings Call. Joining me today are Roy Zisapel, President and Chief Executive Officer and Doron Abramovitch, Chief Financial Officer. Factors that could cause or contribute to such differences include, but are not limited to the impact from the COVID-19 pandemic, general business conditions and our ability to address changes in our industry, changes in demand for products, the timing and the amount of orders and other risks detailed from time to time in Radware's filings.

Radware® (RDWR), a leading provider of cyber security and application delivery solutions, today announced that it has appointed Mr. Gabi Seligsohn to serve as an independent director of Radware’s Board of Directors. Mr. Seligsohn will serve as a member of the Board until the company’s next annual meeting of shareholders when his appointment will be up to a shareholder vote. “Mr. Seligsohn brings a wealth of experience to Radware’s board,” said Yehuda Zisapel, Chairman of Radware’s Board of Directors.

Roy Zisapel has been the CEO of Radware Ltd. (NASDAQ:RDWR) since 1996. First, this article will compare CEO...

Radware® (RDWR), a leading provider of cyber security and application delivery solutions, today announced that a long-term customer, a major business information provider, has invested in additional application delivery solutions to support a rapid increase in traffic due to a combination of a surge in data consumption and the transition of 17,000 of its employees to a remote work environment as a result of the global pandemic crisis. “As a provider of real-time information and data, this company is committed to seamless customer experience and cannot afford to be negatively impacted by capacity limits at times of amplified activity,” said Roy Zisapel, Radware Chief Executive Officer. “In times of crisis, this company turned to Radware based on the trust built from a longstanding relationship and proven track record.”

Radware (NASDAQ:RDWR) has had a rough three months with its share price down 11%. We, however decided to study the...

TEL AVIV, Israel, April 06, 2020 -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced that it has scheduled its.

Radware (RDWR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

First Quarter 2020 Results and Financial Highlights Revenues of $60.0 million; down 2% year over yearNon-GAAP EPS of $0.14; GAAP EPS of $0.05Net cash provided by operating.

Radware® (RDWR), a leading provider of cyber security and application delivery solutions, today announced that HT Media selected Radware’s Attack Mitigation Solution to protect the data centers that house its archive of news and photographs, and added Cloud DDoS protection to its on premise DDoS protection. Founded in 1924 with its flagship newspaper inaugurated by Mahatma Gandhi, HT Media (BSE, NSE) has today more than 3.7 million readers across India.

Q1 2020 Radware Ltd Earnings Call

Radware® (RDWR), a leading provider of cyber security and application delivery solutions, announced that a global tier-one service provider with operations in Latin America has adopted Radware’s DDoS attack defense and mitigation services as part of a multi-million dollar deal. Radware displaced a competitive incumbent based on its Cisco OEM relationships, superior technology, technical expertise and responsiveness to customer needs. The service provider selected Radware to identify anomalies from infected user equipment, such as handsets and IoT devices.

Radware® (RDWR), a leading provider of cyber security and application delivery solutions, has helped leading Turkish bank Garanti BBVA maintain availability and security during two major crises in the past six months - a history-making volumetric attack followed soon after by the disruption associated with the COVID-19 pandemic. “The customers of financial services organizations demand availability and a sense of normalcy even in unpredictable times,” said Anna Convery-Pelletier, Radware’s Chief Marketing Officer. “Our twenty-year relationship with this bank is a case study in Radware’s track-record of continuous innovation to match new technology demands while also maintaining high levels of support.”

Radware® (RDWR), a leading provider of cyber security and application delivery solutions, announced today that a major global bank has purchased additional Radware DDoS attack mitigation solutions in a multi-million dollar deal to protect the increased capacity within its largest data centers. The bank’s security team, a long-standing Radware customer, identified the need to increase its capacity for legitimate traffic when it shifted to a workforce. Radware’s team quickly mobilized to increase the capacity on the licenses for existing inline assets by 100 percent.

Shares of Radware (NASDAQ:RDWR) were unchanged at $23.27 after the company reported Q1 results.Quarterly Results Earnings per share decreased 22.22% over the past year to $0.14, which missed the estimate of $0.15.Revenue of $60,012,000 lower by 2.26% year over year, which missed the estimate of $61,950,000.Outlook Earnings guidance hasn't been issued by the company for now.Radware hasn't issued any revenue guidance for the time being.Details Of The Call Date: May 06, 2020View more earnings on RDWRTime: 10:05 PM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=&eventid=2160271&sessionid=1&key=17A1AB5ADFEC5767DD32BA60C74D4DD2®Tag=&sourcepage=registerTechnicals 52-week high: $26.98Company's 52-week low was at $16.02Price action over last quarter: Up 4.54%Company Overview Radware Ltd develops and sells a broad portfolio of network products including physical and virtual application delivery controllers, web application firewalls, intrusion prevention systems, and other security products geared toward large enterprise and service provider segments. It offers an infrastructure that supports our DDoS scrubbing center services, WAF and bot management cloud-based services. In addition, It provides other services through the cloud, such as Cloud Workload Protect (CWP) and Content Delivery Network (CDN).See more from Benzinga * Meet Group: Q1 Earnings Insights * Cars.com: Q1 Earnings Insights * Recap: SunOpta Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Radware® (RDWR), a leading provider of cyber security and application delivery solutions, today announced that its board of directors has authorized a new $20 million share repurchase plan that is exceptional and in addition to the previously announced $40 million share repurchase plan. The share repurchase plan authorizes management to repurchase ordinary shares, from time to time, in open market transactions, in privately negotiated transactions or in other legally permissible ways depending on market conditions, share price, trading volume and other factors. Such repurchases will be made in accordance with applicable U.S. securities laws and regulations, including Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”).

Radware Ltd. announced Friday a new $20 million stock repurchase program, which is in addition to the $40 million program currently in place. Based on Thursday's stock closing price of $19.10, the Israel-based cyber security company's new buyback program could repurchase up to 1.05 million shares, or about 2.2% of the shares outstanding. The stock, which was still inactive in premarket trading, has lost 18.6% over the past month, while the S&P 500 has declined 28.6%.

Radware® (RDWR), a leading provider of cyber security and application delivery solutions, has been recognized in the Gartner Peer Insights ‘Voice of the Customer’: Web Application Firewalls. Radware has an overall rating of 4.7 out of 5 in the Web Application Firewalls market, the second highest rating in the report. Radware believes that customers rated Radware highly because of its ease of deployment and high level of security.