Radware ( (RDWR) ) has issued an announcement.
Radware reported a strong financial performance for the fourth quarter and full year 2024, with a 12% increase in revenue to $73 million in Q4 and a total revenue of $275 million for the year, marking a 5% year-over-year increase. The company more than doubled its non-GAAP earnings per share for Q4 and achieved significant growth in its cloud Annual Recurring Revenue (ARR), driven by new product successes and strategic partnerships, indicating a robust market position and positive outlook for stakeholders.
More about Radware
Radware Ltd. is a global leader in application security and delivery solutions for multi-cloud environments, focusing on defense against cyber threats and enhancing cloud-based services.
YTD Price Performance: 4.12%
Average Trading Volume: 146,987
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $970.7M
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