Welcome to our dedicated page for Radware news (Ticker: RDWR), a resource for investors and traders seeking the latest updates and insights on Radware stock.
Radware Ltd. (NASDAQ: RDWR) is frequently in the news for its work in cybersecurity, application security, and multi-cloud protection. The company’s announcements highlight AI-driven defenses for web applications, APIs, and infrastructure, as well as DDoS mitigation capabilities designed to handle large, complex, multi-vector attacks. News coverage often reflects how Radware’s technology responds to emerging threats and supports enterprises and carriers facing rising attack volumes and sophistication.
Recent Radware news has included disclosures of new vulnerabilities in agentic AI platforms, such as the zero-click ZombieAgent indirect prompt injection vulnerability targeting OpenAI’s Deep Research agent. These stories showcase Radware’s threat intelligence research and its focus on securing AI agents that interact with corporate systems, emails, and workflows. Other updates cover product innovations like the LLM Firewall, which is designed to protect large language model prompts and responses, and enhancements to AI SOC Xpert, an AI-powered assistant for Security Operations Centers.
Investors and security professionals can also follow Radware’s news for information about its global cloud security network, DDoS mitigation capacity upgrades, and major customer wins, such as multi-year agreements with large SaaS enterprises. In addition, the company regularly issues press releases on quarterly financial results, annual general meetings, and partnerships with organizations like Hitachi Solutions to deliver cloud application protection services in specific regions.
This news page aggregates these updates so readers can quickly see developments related to Radware’s application security, DDoS protection, AI security research, product launches, earnings announcements, and strategic collaborations. For those tracking RDWR, the news feed provides context on how the company is addressing evolving cyber threats and expanding its security offerings.
Radware (NASDAQ: RDWR) has announced a new share buyback plan, authorizing repurchases of up to $80 million of its ordinary shares as part of the 2022 Plan, which will expire on May 10, 2023. This follows the 2021 Plan, where $63 million of shares have already been repurchased, leaving $17 million remaining until its expiration on May 6, 2022. The total potential repurchase amount across both plans totals $97 million. These buybacks are expected to enhance shareholder value and are executed according to U.S. and Israeli regulations.
Radware (NASDAQ: RDWR) has launched enhanced cloud application security features, introducing automated API Discovery capabilities that identify undocumented APIs and optimize security policies without human involvement. This innovation is part of Radware's Application-Protection-as-a-Service solution, addressing the challenges organizations face in API security due to frequent application updates. The use of machine learning allows for real-time threat detection, including protection against data leakage and bot attacks. Radware's technology has received recognition in the industry, ranking high in Gartner's reports.
Radware (NASDAQ: RDWR) announced the acquisition of SecurityDAM for $30 million to enhance its cloud security services. The firm aims to bolster its innovation center in India and expand its cloud network capacity to 10Tbps, addressing rising cyber threats. This strategic initiative reflects Radware's commitment to deliver advanced security solutions, already serving a quarter of the Fortune 50 companies. The acquisition is expected to be accretive to earnings on a non-GAAP basis in 2023.
Radware (RDWR) reported record revenues of $76.6 million for Q4 2021, a rise of 11% year-over-year, exceeding expectations. The company achieved a full-year revenue of $286.5 million, up 15%. Non-GAAP operating income increased 21% to $11 million in Q4. However, GAAP net loss was $5.6 million for Q4, contrasting with a profit in Q4 2020.
Subscription revenue now constitutes over 30% of total revenue. Cash flow from operations reached $29 million in Q4, and $72 million for the year.
Radware (NASDAQ: RDWR) expands its DDoS protection and application delivery solutions through a multimillion-dollar deal with a Tier-1 U.S. carrier. This investment bolsters the carrier's defenses, ensuring enhanced application traffic management across its growing global cloud infrastructure. The carrier sought to improve security and availability while facing escalating cyber threats. Following competitive evaluations, Radware's DefensePro and Alteon solutions were selected for their advanced capabilities, which are essential for today's cloud environments.
Radware (NASDAQ: RDWR) announced the appointment of Guy Avidan as its new Chief Financial Officer (CFO), effective February 18, 2022. Avidan comes from Kornit Digital, where he served as president and CFO, leading the company to its IPO. He has extensive experience in finance and executive roles in technology companies and is a certified public accountant. CEO Roy Zisapel expressed confidence in Avidan's ability to support Radware's growth strategy. This leadership change aims to enhance financial strategy and sustain business momentum.
Radware (NASDAQ: RDWR) will release its fourth quarter and full year 2021 financial results on February 9, 2022. The management team will host a conference call at 8:30 a.m. EST to discuss the results and provide an outlook for Q1 2022. Participants are advised to join the call 15 minutes early. A replay will be available for two days after the call. Radware specializes in cyber security and application delivery solutions, aiming to enhance business continuity while helping reduce costs.
Radware (NASDAQ: RDWR), a cyber security and application delivery solutions provider, announced that Armis has selected its Cloud Native Protector for safeguarding its Amazon Web Services (AWS) environment. The solution enhances Armis' visibility and governance, allowing the DevOps team to track assets and detect vulnerabilities before they become threats. With automated risk assessments and alerts, Radware's agentless solution provides a comprehensive security posture, addressing unique needs of cloud-native companies.
Radware (NASDAQ: RDWR) announced the results of its Annual General Meeting of Shareholders held on December 9, 2021. Four proposals were voted on, with three adopted by the requisite shareholder vote. However, the proposal to approve equity-based awards for the company's president and CEO was not adopted. This outcome indicates mixed results for shareholder interests, as one significant proposal failed to pass.
Radware (NASDAQ: RDWR) has partnered with Toronto-based Oncore Cloud Services to enhance cloud security for enterprise and public sector organizations. Oncore will resell Radware's cloud security portfolio, focusing on the Cloud Native Protector designed to secure cloud migrations. This collaboration aims to prevent compliance violations and cyber threats while facilitating agile and flexible cloud environments. Key offerings include integrated web application security and DDoS protection, bolstering organizations' defenses against malicious activities.