Radware Ltd Stock Price, News & Analysis

Radware (NASDAQ: RDWR) announced the opening of a new data center in Lima, Peru, expanding its global network to over 50 facilities with a combined mitigation capacity of 15Tbps. The facility aims to provide local customers with enhanced security against application and network attacks.

The announcement comes as web DDoS attacks increased by 550% and web application and API attacks rose by 41% between 2023 and 2024, according to Radware's 2025 Global Threat Analysis Report. The new data center will help organizations improve application response times, reduce mitigation response times, and maintain data within local jurisdictions for compliance with privacy regulations.

CEO Roy Zisapel will discuss the launch at the company's Hackers Challenge event on March 13, 2025, in Lima. The facility offers cloud protection services including web application and API protection, bot protection, and DDoS protection.

Radware (NASDAQ: RDWR) has expanded its partnership with CHT Security through a new managed security service provider (MSSP) agreement in Taiwan. CHT Security, a subsidiary of Chunghwa Telecom and Taiwan's leading MSSP, will leverage Radware's AI-powered Cloud Application Protection Services and DefensePro DDoS Protection to enhance its security offerings.

The partnership comes amid increasing cyber threats in the region, with recent DDoS attacks by Pro-Russian hacktivist groups targeting over 50 Taiwanese entities including government sites, airports, and financial services. CHT Security, serving more than 300 large enterprises, 40,000 SMEs, and a million individual clients, will integrate Radware's comprehensive security solution that protects against 150+ known attack vectors.

The solution includes web application firewall, bot detection, API protection, client-side protection, and application-layer DDoS protection, combining AI-powered algorithms with 24/7 managed services.

Radware (NASDAQ: RDWR) announced its upcoming Hackers Challenge event on March 13, 2025, at the Westin Lima Hotel and Convention Center in Peru. The event will showcase live hacking attempts against Radware's security systems, offering attendees practical insights into cybersecurity.

During the challenge, hackers will compete against Radware's security experts and attempt to breach protected web applications, while audiences learn protection strategies. The event will feature discussions on AI in security management and insights from cybersecurity experts representing Peruvian government offices, financial institutions, and an international embassy.

With nearly 20 years of operations in Latin America, Radware maintains a strong regional presence across nine countries, including cloud security service centers in Chile and Brazil. These facilities are part of Radware's global network of over 50 centers, offering a combined mitigation capacity of 15Tbps. The company plans to expand its global footprint with additional cloud security service centers in 2025.

Radware (NASDAQ: RDWR) released its 2025 Global Threat Analysis Report, revealing a dramatic surge in cyber threats during 2024. The report highlights a 550% increase in Web DDoS attacks compared to 2023, with EMEA being the primary target (78% of global incidents).

Key findings include:

• 37% increase in average network DDoS attack duration
• 120% rise in average mitigated attack volume
• 41% growth in web application and API attacks
• 393% year-over-year growth in attack volume for finance sector

The report identifies multiple catalysts driving this threat revolution, including geopolitical conflicts, expanding threat surfaces, and AI-enabled sophisticated attacks. Europe faced 45% of network DDoS activity, while North America experienced 66% of web application and API attacks. The telecommunications sector received 43% of global network DDoS attack volume, followed by finance at 30%.

Radware (RDWR) reported strong Q4 2024 financial results with revenue of $73 million, up 12% year-over-year. The company's Q4 Non-GAAP diluted EPS reached $0.27, compared to $0.13 in Q4 2023, while GAAP diluted EPS improved to $0.06 from $(0.14).

For full-year 2024, revenue increased 5% to $275 million, with Cloud ARR growing 19% to $77.3 million. The company achieved Non-GAAP diluted EPS of $0.87 versus $0.43 in 2023, and GAAP diluted EPS of $0.14 compared to $(0.50). Operating cash flow significantly improved to $71.6 million from $(3.5) million last year.

Regional performance showed strong growth in the Americas (up 33% in Q4), while EMEA decreased 6% and APAC increased 8%. The company ended 2024 with $419.7 million in cash and investments.

Radware (NASDAQ: RDWR) has expanded its partnership with TelemaxX Telekommunikation GmbH, implementing its AI-powered DefensePro® X DDoS Protection system at TelemaxX's scrubbing center. TelemaxX, a leading IT solutions provider in Germany's Karlsruhe Technology Region, operates five high-security data centers and will also utilize Radware's Cyber Controller platform.

The implementation aims to combat the rising threat of Web DDoS Tsunami attacks, with Radware's report showing a 265% surge in Web DDoS attacks globally during H1 2024 compared to H2 2023. DefensePro X employs AI-powered behavioral algorithms to provide automated protection against various cyber threats, including IoT-based attacks, Burst, DNS, TLS/SSL attacks, ransom DDoS campaigns, and phantom floods.

Radware (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, has scheduled its fourth quarter and full year 2024 earnings conference call for Wednesday, February 12, 2025, at 8:30 a.m. EST. Management will discuss Q4 and full year 2024 results, along with providing outlook for Q1 2025.

The call will be accessible via US toll-free number 1-877-704-4453 or international number 1-201-389-0920. A live webcast will be available on Radware's website. A replay will be available for seven days following the call.

Radware (NASDAQ: RDWR) has expanded its agreement with one of Italy's top 5 banks to provide enhanced cybersecurity solutions. The bank will implement Radware's comprehensive suite including Cloud Application Protection, Cloud DDoS Protection Services, and Alteon application delivery controller with Global Elastic License.

The expansion addresses two key challenges: a 265% surge in Web DDoS attacks globally in H1 2024 compared to H2 2023, and the need to comply with the European Union's Digital Operational Resilience Act (DORA) by January 17, 2025. The solution offers comprehensive protection through web application firewall, bot detection, API protection, and application-layer DDoS protection, combining automation and 24/7 managed services.

Radware (NASDAQ: RDWR) has expanded its partnership with a top 10 Indian airport through a new agreement for Cloud DDoS Protection and Cloud Application Protection Services. The airport, serving over 10 million travelers annually with connections to 30+ countries and 20 airlines, previously utilized Radware's Alteon application delivery controller.

The decision was influenced by Radware's capability to automatically detect and mitigate Web DDoS attacks, which have surged 265% globally between H2 2023 and H1 2024. Radware's cloud protection services operate through a global network of 50+ security centers with 15Tbps mitigation capacity, offering AI-powered protection against DDoS attacks while maintaining legitimate traffic flow.