Consistent Revenue Growth
Radware reported its fourth consecutive quarter of double-digit revenue growth with a 10% year-over-year increase to $74 million.
Strong Cloud ARR Growth
Cloud ARR growth accelerated from 19% to 21% year-over-year, reaching $85 million, surpassing the short-term target of 20%.
Impressive Non-GAAP Earnings Increase
Non-GAAP earnings per share rose 39% year-over-year to $0.28.
Significant Cash Flow from Operations
Generated $14.5 million in cash flow from operations, underscoring operational strength.
Major Wins in Cloud Security
Secured several 7-digit deals, including contracts with a European government, a major Asian bank, and a global sporting event.
Recognition in Application and API Security
Named a leader in the GigaOM Radar for application and API security for AI-driven capabilities.
Strong Regional Performance
EMEA revenue up 22% year-over-year, APAC revenue increased 30%, and stable performance in the Americas.