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) provides cybersecurity and application delivery solutions for enterprises operating in multi-cloud environments. This news hub offers investors and industry professionals centralized access to official updates about the company's strategic initiatives, technological advancements, and market positioning.
Stay informed about Radware's latest developments through verified press releases and financial announcements. Key updates include earnings reports, product innovation milestones, partnership agreements, and recognition in cybersecurity industry rankings. Our curated collection ensures you never miss critical information affecting Radware's market performance.
All content undergoes strict verification to maintain accuracy and compliance with financial disclosure standards. Bookmark this page for real-time updates on Radware's AI-driven security solutions, cloud protection services, and global expansion efforts. Regularly refreshed content helps stakeholders make data-driven decisions in the dynamic cybersecurity sector.
Radware, a leading provider of cyber security and application delivery solutions, has been named an Overall Leader in the 2024 KuppingerCole Leadership Compass Report for Web Application Firewalls. The company excels in product, innovation, market, and overall leadership categories, particularly in web application security, DDoS protection, API protection, and bot management. Radware's suite of services offers a wide range of capabilities to protect against various cyber threats, earning positive ratings across security, functionality, deployment, and more.
Radware reported its First Quarter 2024 Financial Results with Revenue of $65.1 million, representing a 6% year-over-year decrease. Cloud ARR was $67.0 million, up by 22% year-over-year. Non-GAAP EPS was $0.16, while GAAP net loss per diluted share was $0.03. Cash flow from operations reached $21.1 million. The company plans to focus on cloud security and partner channels for growth in 2024.
Radware, a leading cyber security and application delivery solutions provider, has been recognized as a Leader and Fast Mover in GigaOm's 2024 Radar for Application and API Security Report. Radware is the only vendor to receive a top score for AI-enhanced vulnerability detection and bot management in the report. The company's AI protection capabilities have been praised for their effectiveness in combating advanced and adaptive attacks. Radware's comprehensive solution offers a range of tools for tailored protection, making it a strong choice for organizations seeking top-notch application and API security.
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