Welcome to our dedicated page for Radware Ltd. news (Ticker: RDWR), a resource for investors and traders seeking the latest updates and insights on Radware Ltd. stock.
Radware Ltd. (symbol: RDWR) is a global leader in cyber security and application delivery solutions for virtual, cloud, and software-defined data centers. Headquartered in Mahwah, New Jersey with international offices in Tel Aviv, Radware provides critical infrastructure, application, and network protection services to enterprises worldwide.
Radware’s award-winning solutions include advanced DDoS protection, web application firewalls, and load balancing as a service. These solutions ensure service level assurance for business-critical applications while maximizing IT efficiency. Radware empowers over 10,000 customers globally, including enterprise and carrier customers, enabling them to adapt quickly to market challenges, maintain business continuity, and achieve maximum productivity while minimizing costs.
Recent achievements highlight Radware’s ongoing commitment to innovation and excellence. The company released its 2024 Global Threat Analysis Report, shedding light on emerging threats and the increasing sophistication of cyber-attacks. Furthermore, the introduction of Load Balancer as a Service and enhancements in cloud network analytics streamlines resource management and enhances application availability.
Radware's solutions are recognized for their efficacy and innovation by industry analysts such as Gartner, Forrester Research, and GigaOm. The company’s financial condition remains solid, with a notable 22% year-over-year growth in cloud ARR reported for Q1 2024. Radware continues to form strategic partnerships, such as their collaboration with Lightpath for next-generation DDoS protection services.
Notable products include the AI-powered DefensePro® DDoS Protection, which automatically identifies and blocks harmful traffic, and the Cloud Application Protection Service, offering comprehensive visibility and protection against cyber threats. Radware’s global reach extends across the Americas, Europe, Middle East, Africa, and Asia-Pacific regions, ensuring widespread support and service availability.
For more detailed information and updates, you can visit Radware’s website and follow their official channels on Facebook, LinkedIn, X, and YouTube.
Radware (NASDAQ: RDWR) has been recognized as a Customer’s Choice in Gartner's March 2021 Peer Insights ‘Voice of the Customer’: Web Application Firewalls Report, achieving an overall rating of 4.7 out of 5. The high ratings stem from Radware's ease of deployment and superior security features. Its Cloud WAF Service offers comprehensive web application security, protecting against OWASP Top-10 threats. Radware's Chief Marketing Officer highlighted the importance of reliable application delivery as organizations move to cloud-based environments.
Radware (NASDAQ: RDWR) has scheduled its earnings call for May 5, 2021, at 8:30 am ET to discuss Q1 2021 financial results and provide guidance for Q2 2021. Participants are encouraged to join early. The call will be accessible via a live webcast on Radware's website and will have a replay available for two days post-call. Radware is a leader in cybersecurity and application delivery solutions, serving over 12,500 enterprise customers worldwide. The company's products ensure digital protection and availability across various environments.
Radware (NASDAQ: RDWR) and TeraGo (TSX: TGO) announced a partnership to develop a cutting-edge security solution for online elections, in collaboration with Simply Voting. The joint offering combines Radware's DefensePro® attack mitigation appliances with TeraGo's DDoS protection service, focusing on safeguarding online elections against cyber threats. This service utilizes advanced machine learning algorithms for behavioral-based detection and promises rapid DDoS attack mitigation. Simply Voting's president reports enhanced security and improved marketing capabilities due to this collaboration.
Radware (NASDAQ: RDWR) has announced the integration of enhanced application security into its Alteon line of Application Delivery Controllers (ADCs). The new Integrated Application Protection includes a Web Application Firewall (WAF), Bot Manager to combat automated threats, and API protection for securing and monitoring API vulnerabilities. This unified solution supports deployment across various environments, enhancing scalability with a Global Elastic License (GEL). Radware aims to address the expanding attack surface as enterprises transition to cloud environments.
Radware (NASDAQ: RDWR) has been recognized as a leader in Forrester Research's March 2021 report on DDoS mitigation solutions. The company received the highest score in the current offering category and excelled in 18 different criteria, including detection, attack mitigation, and regulatory compliance. Radware’s solutions are critical as organizations increasingly adopt remote work models. The company aims to protect digital assets and customer data against complex security threats.
Radware has partnered with Internet2 to provide customized cloud DDoS Mitigation services for regional education network providers in the U.S. This service aims to protect educational and research institutions from cyber attacks that threaten sensitive information and educational resources. The selection of Radware was based on their superior security technology, catering to the complex needs of clients including universities and healthcare systems. The first regional network onboarded is CENIC, enhancing digital security for over 323 universities and various organizations.
Radware (NASDAQ: RDWR) announced a partnership with Atman, a Polish data center operator, to implement DefensePro® for enhanced DDoS protection. This collaboration allows Atman to safeguard its infrastructure and offer DDoS-as-a-Service to its customers, creating a new revenue stream. After thorough evaluation, Radware's solution was selected for its superior technology and responsiveness. This partnership highlights Radware's capabilities in defending against sophisticated DDoS attacks and positions them as a key player in the cybersecurity market.
Radware (NASDAQ: RDWR) has announced the upsizing of its share repurchase plan to $80 million, set to expire on December 31, 2021. This plan includes the remaining balance from the 2020 repurchase initiative and seeks to enhance shareholder value. The company repurchased $45 million of its shares in 2020. Radware has secured Israeli court approval for repurchases until May 20, 2021, and may pursue further extensions as necessary. The repurchases will occur through open market transactions and other permitted avenues under applicable laws.
Radware (NASDAQ: RDWR) reported record Q4 2020 revenues of $69 million and full-year revenues of $250 million, with significant growth in cloud and subscription ARR, up 35% year over year. Non-GAAP EPS for Q4 was $0.21 and $0.64 for the full year, although GAAP EPS declined to $0.06 in Q4 and $0.20 for the year. Net income for Q4 2020 was $2.8 million, a drop from $7.3 million in Q4 2019. Despite challenges, including a 7% revenue decline in the Americas for Q4, Radware's operational cash flow remained robust at $16.1 million for Q4 and $61.8 million for the year.
Radware (NASDAQ: RDWR) announced the selection of its Cloud DDoS Protection Service by a Fortune 100 industrial company to combat a DNS flood attack and ransom demand. Radware swiftly activated its Emergency Response Team, mitigating threats and ensuring quick protection for 8GBs of business traffic across four global data centers. Haim Zelikovsky, VP of Cloud Business, noted the rising frequency and sophistication of DDoS attacks, emphasizing the effectiveness of their service in partnership with trusted allies.
FAQ
What is the current stock price of Radware Ltd. (RDWR)?
What is the market cap of Radware Ltd. (RDWR)?
What does Radware Ltd. specialize in?
Where are Radware's headquarters located?
What are Radware’s recent achievements?
Who are Radware's customers?
What is Radware's primary business segment?
What are some of Radware’s key products?
How has Radware’s financial performance been recently?
What partnerships has Radware formed recently?
What is Radware’s global presence?
How can I stay updated with Radware’s latest news?
