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Radware Ltd. - RDWR STOCK NEWS

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.

Rhea-AI Summary
Radware (RDWR) secures a million-dollar deal with an Asian tax authority to provide advanced Defense Pro X DDoS protection, highlighting its expertise in the public sector. The deal aims to enhance the defense of the authority's technology infrastructure against volumetric layer 7 DDoS attacks.
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Radware introduces AI-based protections in its Radware Bot Manager to combat aggressive AI-driven bots, safeguarding end-user experience and reducing business impacts.
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Radware (NASDAQ: RDWR) introduces Load Balancer as a Service and enhances Cloud Network Analytics to optimize application management and network security. The new services aim to improve response times, reduce latency, and offer superior user experience.
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RAI Amsterdam partners with Cisco and Radware to enhance network security with Cisco Secure Cloud DDoS Protection, ensuring uninterrupted network availability during events.
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Radware releases its 2024 Global Threat Analysis Report, highlighting the increase in DDoS attacks per customer, rise in DNS query flood vectors, and the targeting of government, business, and travel websites. The report emphasizes the intensifying technological race between good and bad actors, with a focus on evolving attack patterns and the impact of Generative AI on threat actors.
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Radware (NASDAQ: RDWR) introduces a new flexible business model for MSSPs, allowing them to offer advanced security services to customers. The offering aims to help MSSPs generate new revenue streams and enhance their security portfolios. Radware's AI-powered solutions protect against various cyber threats while minimizing false positives.
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Radware (NASDAQ: RDWR) expands its partnership with NOS in Portugal, enhancing security defenses and reseller capabilities. NOS invests in Radware's DefensePro DDoS Protection and Managed Security Service Provider Portal Solution to offer DDoS detection and mitigation as a managed service.
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Radware (NASDAQ: RDWR) has been named a technology leader in the SPARK Matrix: Web Application Firewall (WAF), 2023 by Quadrant Knowledge Solutions. Radware offers a comprehensive WAF solution with protection against OWASP Top 10 vulnerabilities, zero-day attacks, bot management, API protection, Layer 7 DDoS protection, and client-side protection. With strong performance in customer impact and technology excellence, Radware has positioned itself as a global WAF market leader.
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Radware (RDWR) announced its fourth-quarter and full-year 2023 financial results, reporting a 12% year-over-year decrease in revenue to $65.0 million. Cloud ARR saw a 22% year-over-year increase to $64.9 million, with non-GAAP EPS at $0.13 and a GAAP net loss per diluted share of $0.14 for the fourth quarter. Full-year 2023 revenue was down 11% year-over-year to $261.3 million, with a non-GAAP EPS of $0.43 and a GAAP net loss per diluted share of $0.50. The company reported regional revenue breakdowns and highlighted its cash and cash equivalents of $363.7 million as of December 31, 2023.
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Radware (NASDAQ: RDWR) has expanded its relationship with a top global telecom through a multimillion-dollar deal, where the telecom increased its investment in Radware’s DefensePro DDoS Protection. This expansion aims to address the rising demand for services while protecting service availability and minimizing false positives. Radware's DDoS defense is designed to accurately detect and block malicious traffic, ensuring uninterrupted availability and protecting networks from various cyber threats. The company has received numerous awards for its DDoS mitigation, application and API protection, web application firewall, and bot detection and management solutions, solidifying its position as a market leader in cyber security.
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FAQ

What is the current stock price of Radware Ltd. (RDWR)?

The current stock price of Radware Ltd. (RDWR) is $22.58 as of December 20, 2024.

What is the market cap of Radware Ltd. (RDWR)?

The market cap of Radware Ltd. (RDWR) is approximately 936.3M.

What does Radware Ltd. specialize in?

Radware specializes in cyber security and application delivery solutions for virtual, cloud, and software-defined data centers.

Where are Radware's headquarters located?

Radware’s corporate headquarters are in Mahwah, NJ, USA, and its international headquarters are in Tel Aviv, Israel.

What are Radware’s recent achievements?

Recent achievements include the release of the 2024 Global Threat Analysis Report and the introduction of Load Balancer as a Service.

Who are Radware's customers?

Radware serves over 10,000 enterprise and carrier customers worldwide.

What is Radware's primary business segment?

Radware's primary business segment is Radware's Core Business, which generates the maximum revenue.

What are some of Radware’s key products?

Key products include DefensePro® DDoS Protection and Cloud Application Protection Service.

How has Radware’s financial performance been recently?

Radware reported a 22% year-over-year growth in cloud ARR for Q1 2024.

What partnerships has Radware formed recently?

Radware recently signed a managed security service provider agreement with Lightpath for DDoS protection services.

What is Radware’s global presence?

Radware has offices and a global presence across the Americas, Europe, Middle East, Africa, and Asia-Pacific regions.

How can I stay updated with Radware’s latest news?

You can stay updated by visiting Radware’s website and following their official social media channels on Facebook, LinkedIn, X, and YouTube.

Radware Ltd.

Nasdaq:RDWR

RDWR Rankings

RDWR Stock Data

936.28M
35.82M
14.7%
76.24%
0.95%
Software - Infrastructure
Technology
Link
United States of America
Tel Aviv