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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.

News

Radware Protects Leading European Bank Against Emerging Threat Vectors

Rhea-AI Summary
Radware (RDWR) signed an agreement with a leading European financial institution, one of the country's top five banks in terms of total assets. The bank purchased Radware's complete suite of network and application security and application delivery solutions to replace its existing vendor. Radware's integrated, end-to-end network and application security solutions harness machine learning and patented behavioral-based algorithms to automatically identify and adapt to changes in the threat landscape, applications, and infrastructure.
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Radware Schedules Conference Call for Its Fourth Quarter and Full Year 2023 Earnings

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Radware (NASDAQ: RDWR) will announce its fourth quarter and full year 2023 financial results on Wednesday, February 7, 2024. The management will host a call to discuss its results and outlook for the first quarter of 2024. Participants can join the call or webcast live on the Company's website. A replay of the call will also be available.
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Radware Provides 360-Degree Cloud Application and Network Security for a Latin American Judiciary

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Radware (NASDAQ: RDWR) strengthens Latin American judiciary's cybersecurity posture with state-of-the-art cloud DDoS protection, web application firewall, API security, and bot manager
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Radware Announces New Appointment to Its Board of Directors

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Radware (NASDAQ: RDWR) appoints Mr. Alex Pinchev as an independent director of the Board of Directors. Mr. Pinchev brings a wealth of experience in managing successful global businesses and has held leadership and board positions in high-tech companies. He will serve as a member of the Board until the next annual meeting of shareholders when his appointment will be up to a shareholder vote. Radware's chairman, Yuval Cohen, highlights Mr. Pinchev's valuable perspective in guiding the company's strategy to deliver value to customers, employees, and shareholders. Mr. Pinchev expresses his honor in joining the Board and looks forward to contributing from his experience to provide insight and guidance related to the company's various activities. He holds a bachelor’s degree in applied mathematics and a master’s degree in computer science, both from the ITMO University in St. Petersburg, Russia.
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Radware Signs Managed Security Service Provider Reseller Agreement with Feenix Communications

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Radware Signs Managed Security Service Provider Reseller Agreement with Feenix Communications Limited to Offer New Zealand Internet Service Providers Application and Network Security Solutions
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Radware Provides Network and Application Security for One of North America’s Busiest Airports

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Radware (NASDAQ: RDWR) partners with Wipro to enhance data center and application defenses. The company will provide network and application security to protect the data centers for one of North America’s top 20 busiest airports. Radware's Cloud DDoS Protection Service and Cloud Application Protection Services were purchased to increase data center and application defenses. According to Radware’s First Half 2023 Global Threat Analysis Report, travel websites are frequently targeted by hacktivists groups. Radware and Wipro deliver state-of-the-art cyber security solutions and services that foster digital transformation without disrupting business operations.
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Radware to Deliver Advanced DDoS Protection for Data Center Infrastructure of Leading European Telecom

Rhea-AI Summary
Radware (NASDAQ: RDWR) strengthens DDoS protections for a leading European telecom and managed security service provider. The carrier replaced its existing DDoS mitigation solution with Radware’s DefensePro® X DDoS Protection platform and Cyber Controller to increase its DDoS defenses against new threat vectors and expand its security portfolio. Radware's automated, adaptive DDoS protection defends against various cyber threats, providing advanced security options for their customers.
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Radware Report Finds the Downtime Cost of an Application DDoS Attack Averages $6,130 Per Minute

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RDWR - Radware® Releases Application Security in a Multi-Cloud World 2023 Report, Unveiling Alarming Stats on Cyber Security Threats
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Radware Expands Relationship with a Leading Asia-Pacific Government Technology Office to Provide Application Delivery and Security Services

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Radware announced a multimillion-dollar deal to provide expanded security services for a leading Asia-Pacific government office, including the purchase of Radware’s Alteon application delivery controller and Alteon Global Elastic License. The deal represents the extension of an existing relationship and aims to strengthen cyber defenses and ensure secure delivery of government services to a growing user base.
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Radware Reports Third Quarter 2023 Financial Results

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Radware announces its financial results for the third quarter of 2023. Revenue was $61.6 million, down 13% YoY. Cloud ARR increased by 25% YoY. Non-GAAP EPS was $0.07, while GAAP net loss per diluted share was $0.16. The company had cash and equivalents of $371.6 million as of September 30, 2023.
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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.

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Radware Ltd.

Nasdaq:RDWR

RDWR Rankings

#2590 Ranked by Market Cap
N/A Ranked by Dividends

RDWR Stock Data

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