Live News • Jun 26
Radware Partners With Dataiku to Bring AI Security Tools to Enterprise Deployments Radware announced a partnership with Dataiku to integrate Radware’s application, AI and API security tools directly into Dataiku’s enterprise AI platform, aiming to monitor, inspect and control AI-driven actions across applications, APIs and data in production environments.
The collaboration gives Radware a broader role in enterprise technology spending around AI, while Dataiku’s customers gain runtime security enforcement for AI deployments, which targets a specific pain point as companies push more AI systems into live use.
Radware’s stock last traded at US$28.14, with a return of 18.3% year to date, giving context for how the market has treated the shares alongside its push into enterprise AI security.
This partnership ties Radware more closely to AI deployment budgets rather than only traditional security projects. It also raises execution risk around integrating complex security tooling into a third-party platform and competing with other AI-focused security providers. Announcement • Jun 16
Radware Unveils AI Xploit Shield To Provide Rapid Protection For Applications And APIs From Exploitation Of Newly Discovered Vulnerabilities Radware announced AI Xploit Shield, a new service that provides organizations with rapid protection for their applications and APIs from exploitation of newly discovered vulnerabilities. As emerging frontier AI models like Mythos from Anthropic accelerate vulnerability discovery, organizations face a growing challenge: the volume of newly discovered vulnerabilities is dramatically accelerating while the window between vulnerability identification and exploitation is shrinking. While patching remains essential, testing requirements, legacy systems, concerns about production downtime following software upgrades, and third-party dependencies can delay remediation, leaving organizations exposed during the gap between vulnerability discovery and patch deployment. AI Xploit Shield closes that gap by automatically generating protections tailored to each organization's applications, APIs, exposure and environment. Delivered through virtual patching, these protections help block exploitation attempts without modifying the underlying application or software. Unlike traditional virtual patching approaches that rely on generic signatures or manually created rules, AI Xploit Shield leverages AI models to generate, test and deploy tailored protections at scale and in near real time. Radware AI Xploit Shield is designed to enable automated generation and deployment of customer-specific shields for newly discovered vulnerabilities at scale. Radware AI Xploit Shield is designed to provide rapid protection for web applications and APIs while software patches are being tested and deployed. Radware AI Xploit Shield is designed to reduce operational risk by giving security teams time to validate and deploy fixes without rushing emergency production changes. Radware AI Xploit Shield is designed to deliver consistent protection across cloud, hybrid, and on-premises environments. AI Xploit Shield expands Radware’s AI-powered cloud security platform. Radware’s cloud security platform leverages AI to secure web applications and APIs and provides security for AI agents and AI-powered applications. AI Xploit Shield is purpose-built to protect web applications and APIs from exploitation of newly discovered vulnerabilities, helping organizations reduce exploit risk while remediation efforts are underway. Radware will host a webinar demonstrating how organizations can use AI Xploit Shield to reduce exploit risk during the period between vulnerability discovery and patch deployment. Recent Insider Transactions • Jun 02
Chief Operating Officer recently sold US$210k worth of stock On the 29th of May, Gabi Malka sold around 7k shares on-market at roughly US$30.00 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gabi has been a net seller over the last 12 months, reducing personal holdings by US$300k. Live News • Jun 02
Radware Sees Cloud Security and AI Protection Fuel Growth Into 2026 Radware reported a 23% year-over-year increase in cloud ARR, reaching US$95 million in Q4 2025, supported by demand for application security, hybrid DDoS services and its new API security product.
The company sustained double-digit revenue growth into Q1 2026, with cloud security remaining a key driver.
Radware launched its Agentic AI Protection Solution to address emerging AI-related security threats, building on early customer engagements in AI security.
The key takeaway is that Radware is leaning heavily into cloud and AI-focused security offerings, which are becoming a larger part of its recurring revenue base.
For you as an investor, the concentration in cloud and AI security creates potential opportunity but also raises execution risk if demand for these newer products or AI-specific security solutions does not develop as expected. Recent Insider Transactions Derivative • Jun 01
Chief Operating Officer notifies of intention to sell stock Gabi Malka intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 29th of May. If the sale is conducted around the recent share price of US$29.39, it would amount to US$206k. Since March 2026, Gabi's direct individual holding has decreased from 64.53k shares to 61.42k. Company insiders have collectively sold US$131k more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • May 08
First quarter 2026 earnings released: EPS: US$0.14 (vs US$0.10 in 1Q 2025) First quarter 2026 results: EPS: US$0.14 (up from US$0.10 in 1Q 2025). Revenue: US$79.8m (up 11% from 1Q 2025). Net income: US$6.12m (up 41% from 1Q 2025). Profit margin: 7.7% (up from 6.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Apr 21
Radware Ltd., Annual General Meeting, May 25, 2026 Radware Ltd., Annual General Meeting, May 25, 2026. Location: at the offices of radware inc., 575 corporate drive, mahwah nj 07430, usa., United States Buy Or Sell Opportunity • Apr 16
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 6.1% to US$25.49. The fair value is estimated to be US$21.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$23.37, the stock trades at a trailing P/E ratio of 48.8x. Average forward P/E is 15x in the Software industry in the US. Total returns to shareholders of 9.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$21.24 per share. Announcement • Apr 07
Radware Ltd. to Report Q1, 2026 Results on May 07, 2026 Radware Ltd. announced that they will report Q1, 2026 results on May 07, 2026 Reported Earnings • Apr 06
Full year 2025 earnings released: EPS: US$0.47 (vs US$0.14 in FY 2024) Full year 2025 results: EPS: US$0.47 (up from US$0.14 in FY 2024). Revenue: US$301.9m (up 9.8% from FY 2024). Net income: US$20.3m (up 236% from FY 2024). Profit margin: 6.7% (up from 2.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Mar 03
Radware Announces Web DDoS Protection For Encrypted Traffic Radware announced the availability of its Web DDoS Protection for Encrypted Traffic as a cloud-based service that does not require SSL certificate sharing or traffic decryption. With this release, Radware believes it is the only security provider to offer a cloud-based solution designed to block sophisticated, encrypted layer 7 DDoS attacks in the cloud without the need for a certificate, thus eliminating a common operational and compliance concern associated with encrypted traffic inspection. As encrypted traffic now represents the majority of web communications, organizations often rely on SSL decryption to inspect traffic for layer 7 threats. While effective, this approach can introduce privacy, regulatory, and key management complexities. Radware’s cloud-based deployment allows organizations to choose whether to share certificates. Organizations choosing not to share certificates can still receive automated, accurate and scalable cloud-based protection while preserving regulatory and privacy frameworks. Radware’s AI-powered Web DDoS Protection service uses cross-correlated, behavioral analysis and machine learning models to establish traffic baselines, detect anomalies, and dynamically generate mitigation rules. The system is designed to mitigate layer 7 DDoS attacks in real time without requiring ongoing manual policy tuning. Protection automatically adapts as traffic patterns evolve, helping maintain application availability while minimizing impact on legitimate users. With this new release, organizations can deploy Web DDoS protection in multiple ways depending on operational, regulatory, and infrastructure requirements: Cloud-based deployment via Radware’s Cloud Security Platform, with optional SSL decryption; On-premise deployment using Radware DefensePro appliances, or integrated application delivery and security through Radware Alteon Protect appliances; Deployment in Kubernetes-native environments using Radware Kubernetes WAAP. These options allow customers to choose between cloud, on-premises, hybrid, and containerized deployments, including a cloud-based model that does not require SSL certificate sharing nor traffic decryption. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to US$22.55, the stock trades at a trailing P/E ratio of 48.4x. Average forward P/E is 13x in the Software industry in the US. Total returns to shareholders of 7.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$20.73 per share. Reported Earnings • Feb 12
Full year 2025 earnings released: EPS: US$0.47 (vs US$0.14 in FY 2024) Full year 2025 results: EPS: US$0.47 (up from US$0.14 in FY 2024). Revenue: US$301.9m (up 9.8% from FY 2024). Net income: US$20.3m (up 236% from FY 2024). Profit margin: 6.7% (up from 2.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Feb 03
Radware Unveils Agentic AI Protection Solution to Shield Enterprises from New Agentic Threats Radware announced the launch of its Agentic AI Protection Solution, extending the Radware Platform into the rapidly growing AI security market. Radware delivers a purpose-built defense against the unique and emerging risks of the agentic AI era. Radware’s Agentic AI Protection goes beyond guardrails, using external, algorithmic behavioral analysis to identify malicious intent and misuse in real time, providing protection aligned with the scale and complexity of agentic AI. Radware’s new solution is designed to address a broad spectrum of agent-specific security risks, including direct and indirect prompt injection attacks, tool abuse, human–agent trust exploitation, and unauthorized data access. The solution is built on four strategic pillars: real-time identification of all AI agents—both homegrown and SaaS-based—and the tools and systems they access; advanced runtime behavioral algorithms that detect and mitigate malicious or abnormal intent within agent interactions, including multi-step and cross-agent behaviors; seamless protection for custom-built agents as well as leading third-party agent platforms and services, including homegrown agents, Microsoft 365 Copilot, Microsoft 365 Copilot Studio, AWS Bedrock and more; and a dynamic Risk Graph Map that continuously scores an organization’s agentic AI security posture, highlighting multi-agent risk paths and potential data exposure in real time. Radware Agentic AI Protection is designed to align with the OWASP Top 10 for Agentic AI and leverages the AI Vulnerability Scoring System to assess and prioritize core security risks. The launch follows Radware’s recent discovery of ZombieAgent, a critical zero-click indirect prompt injection vulnerability affecting agentic AI environments. Agentic AI Protection Solution is part of Radware’s broader agentic AI protection solution for enterprises. It follows the recent launch of LLM Firewall, designed to help address the growing security concerns around integrated LLM modules in applications and to protect the LLM prompt and response against attacks and abuse. Announcement • Jan 20
Radware Launches A New End-To-End Api Security Service Delivering Runtime Protection and Posture Management of Apis Radware announced the launch of its Radware API Security Service, a full, end-to-end solution designed to protect APIs throughout their entire lifecycle using real-time production traffic. Radware API Security Service offers APIs advanced protection against the OASP Top 10 API Security Risks, including sophisticated Layer 7 DDoS attacks. Radware's new API Security Service addresses these challenges by delivering continuous runtime visibility, posture management, and protection--providing security teams with a real-time, high-fidelity view of actual API risk based on live production traffic. The Radware API Security Service is generally available and officially launches as a stand-alone solution, as well as part of Radware's broader application security and management portfolio. Announcement • Jan 08
Radware Unveils "ZombieAgent" A New Zero-Click, Ai Agent Vulnerability Targeting OpenAI's Deep Research Agent Radware announced the discovery of ZombieAgent, a new zero-click indirect prompt injection (IPI) vulnerability targeting OpenAI's Deep Research agent. The vulnerability could expose enterprises to invisible data theft, persistent agent hijacking, and service-side execution that could bypass an organization's security controls. The complete research, including technical breakdowns and defense recommendations, will be available at Radware's Security Research Center following the webinar. Announcement • Jan 07
Radware Ltd. to Report Q4, 2025 Results on Feb 11, 2026 Radware Ltd. announced that they will report Q4, 2025 results on Feb 11, 2026 Recent Insider Transactions Derivative • Jan 06
Co-Founder notifies of intention to sell stock Roy Zisapel intends to sell 28k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of January. If the sale is conducted around the recent share price of US$24.09, it would amount to US$666k. For the year to December 2019, Roy's total compensation was 13% salary and 87% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Roy's direct individual holding has increased from 2.10m shares to 2.16m. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Announcement • Nov 19
Radware Introduces New Solution to the Market, LLM Firewall Radware introduced a new solution to the market, LLM Firewall. An add-on to all tiers of Radware's Cloud Application Protection Services, LLM Firewall is the first phase of Radware's broader agentic AI protection solution for enterprises. Think of it as WAF for LLMs, but instead of regarding against HTTP-level exploits, it helps mitigate against natural language exploits specific to LLM behavior, and enhances protection for LLM models and integration, in real time." The new Radware solution is designed to detect and block attempts to exfiltrate personally identifiable information before it ever reaches the customer's LLM, helping to prevent exposure of personal and sensitive data, supporting compliance with global standards such as GDPR, HIPAA, and other data protection frameworks and enterprise policies. Announcement • Nov 18
Radware Ltd., Annual General Meeting, Dec 22, 2025 Radware Ltd., Annual General Meeting, Dec 22, 2025. Location: at the offices of radware inc, 575 corporate drive, mahwah, nj 07430, United States Announcement • Nov 13
Hitachi Solutions and Radware to Launch Radware Cloud Application Protection Service to Defend Against Evolving Web DDoS Attacks Using AI Hitachi Solutions, Ltd., and Radware announced the parties will start offering Radware's Cloud Application Protection Service, a cloud-based solution specialized in application and DDoS protection. In addition to this service, Hitachi Solutions will offer comprehensive support through its Cyber Resilience Solutions, including consulting by white-hat hackers, incident response, and operations. In Japan, large-scale attacks in late 2024 caused serious disruptions, including transportation system outages. Strengthening cyber business continuity plans is essential, and real-time detection and automated defense are critical. Hitachi Solutions is launching the Cloud Application Protection Service to address these needs, enhancing cyber resilience through its lineup of Cyber Resilience Solutions. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: US$0.13 (vs US$0.075 in 3Q 2024) Third quarter 2025 results: EPS: US$0.13 (up from US$0.075 in 3Q 2024). Revenue: US$75.3m (up 8.4% from 3Q 2024). Net income: US$5.65m (up 80% from 3Q 2024). Profit margin: 7.5% (up from 4.5% in 3Q 2024). Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 21
Now 23% overvalued Over the last 90 days, the stock has fallen 8.8% to US$26.28. The fair value is estimated to be US$21.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Oct 15
Radware Announces Expanded Capabilities and Coverage to Its AI SOC Xpert Radware announced expanded capabilities and coverage to its AI SOC Xpert. Whereas analysts previously relied on manual correlation or switching between tools, they can now access new dashboards for Application SOC Xpert and On-Premise DDoS Protection, along with significant AI enhancements to Cloud DDoS Protection. AI SOC Xpert for DDoS Protection; Supports on-premise, hybrid and cloud-based DDoS protection solutions; Introduces a new dashboard embedded directly into Radware's DDoS protection platform, DefensePro X, and Cyber Controller. Announcement • Oct 06
Radware Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Radware Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Buy Or Sell Opportunity • Aug 27
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 10.0% to US$25.74. The fair value is estimated to be US$21.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Jul 31
Second quarter 2025 earnings released: EPS: US$0.099 (vs US$0.04 in 2Q 2024) Second quarter 2025 results: EPS: US$0.099 (up from US$0.04 in 2Q 2024). Revenue: US$74.2m (up 10% from 2Q 2024). Net income: US$4.22m (up 154% from 2Q 2024). Profit margin: 5.7% (up from 2.5% in 2Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jul 08
Price target increased by 11% to US$28.63 Up from US$25.84, the current price target is an average from 4 analysts. New target price is 7.1% below last closing price of US$30.80. Stock is up 66% over the past year. The company posted earnings per share of US$0.14 last year. Announcement • Jul 02
Radware Ltd. to Report Q2, 2025 Results on Jul 30, 2025 Radware Ltd. announced that they will report Q2, 2025 results at 12:30 PM, US Eastern Standard Time on Jul 30, 2025 Announcement • Jun 02
Radware Expands Its Threat Intelligence Services Radware announced it has expanded its Threat Intelligence Services with the launch of its Telegram Claimed attacks Report and TLS Fingerprint Reputation Feed. Radware's Telegram Claimed attacks Report, the latest addition to the company's Cloud Threat Intelligence Service, offers real-time visibility into cyber threats targeting specific regions or industry verticals. Intuitive dashboards: Presents refreshed data every 15 minutes via user friendly interfaces and offers easy filtering of specific data by industry geography and attacking group. Radware has received numerous awards and recognitions for its application and network security solutions from industry analysts, including Aite-Novarica Group, Forrester, GigaOm, Gartner, KuppingerCole, and QKS Group. Reported Earnings • May 07
First quarter 2025 earnings released: EPS: US$0.10 (vs US$0.029 loss in 1Q 2024) First quarter 2025 results: EPS: US$0.10 (up from US$0.029 loss in 1Q 2024). Revenue: US$72.1m (up 11% from 1Q 2024). Net income: US$4.34m (up US$5.57m from 1Q 2024). Profit margin: 6.0% (up from net loss in 1Q 2024). Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • May 07
Radware Announces Executive Appointments Radware announced its new U.S. executives include Constance (Connie) Stack, chief growth officer; Randy Wood, senior vice president of North American sales; and Joshua Bafalis, director of acquisition sales. Stack joined Radware from NextDLP where she was CEO. During her 24-month tenure, she grew ARR by more than 300%, resulting in the company’s successful acquisition by Fortinet in August 2024. Wood previously served as senior vice president of North American sales at Akamai for five years, delivering consistent double-digit growth in application security during that time. Bafalis, formerly regional vice president of sales at Cloudflare, played a key role in scaling the Cloudflare channel and alliance business. Announcement • Apr 09
Radware Ltd. to Report Q1, 2025 Results on May 07, 2025 Radware Ltd. announced that they will report Q1, 2025 results on May 07, 2025 Reported Earnings • Mar 31
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: US$0.14 (up from US$0.50 loss in FY 2023). Revenue: US$274.9m (up 5.2% from FY 2023). Net income: US$6.04m (up US$27.6m from FY 2023). Profit margin: 2.2% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Price Target Changed • Feb 21
Price target increased by 7.6% to US$26.84 Up from US$24.94, the current price target is an average from 3 analysts. New target price is 17% above last closing price of US$22.94. Stock is up 29% over the past year. The company posted earnings per share of US$0.14 last year. Reported Earnings • Feb 12
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: US$0.14 (up from US$0.50 loss in FY 2023). Revenue: US$274.9m (up 5.2% from FY 2023). Net income: US$6.04m (up US$27.6m from FY 2023). Profit margin: 2.2% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Jan 07
Radware Ltd. to Report Q4, 2024 Results on Feb 12, 2025 Radware Ltd. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Feb 12, 2025 Recent Insider Transactions Derivative • Jan 05
Co-Founder notifies of intention to sell stock Roy Zisapel intends to sell 38k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of January. If the sale is conducted around the recent share price of US$22.53, it would amount to US$864k. For the year to December 2018, Roy's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Roy's direct individual holding has increased from 1.53m shares to 2.06m. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Announcement • Nov 20
Radware Launches New AI Soc Xpert: A Game Changer for Application Security Incident Management Radware® launched its AI SOC Xpert. The new cloud security service redefines how modern security operation centers (SOCs) manage DDoS and application security incidents, leveraging AI-based technology to drastically cut mean time to resolution (MTTR) by up to 95%. Designed to instantly resolve incidents, the innovative technology provides SOC teams automated attack detection, immediate forensics data, and precisely tailored remediation plans that can be implemented by a click of a button. The AI SOC Xpert is the latest addition to Radware EPIC-AI™, which integrates Agentic-AI architecture and generative AI algorithms across the company’s cloud security platform. Automatically detect attacks: Using AI-based analysis, it detects and adapts to attacks as they evolve in real-time. Rapidly resolve incidents: AI SOCT Xpert automatically generates remediations that are tailored to a specific incident and implemented through a click of a button. Reduce root cause analysis lag: The new service ingests large data sets of security events and performs deep analysis to automatically generate root cause analysis and reduce MTTR by up to 95%, a leading indicator of solution quality. Streamline access to forensic data: For quick answers to questions and recommendations about security incidents, it offers immediate access and full visibility to forensic data via an AI-prompt assistant. Lower operational costs with guided tuning: To enhance the accuracy of security policies, AI SOC Xpert makes policy tuning recommendations without the need for manual rule-setting and human intervention. Reduce delays with onboarding: The AI-powered tool expedites onboarding and integration with existing operations, enabling rapid deployment and shrinking time to value. Recent Insider Transactions Derivative • Nov 17
Co-Founder notifies of intention to sell stock Roy Zisapel intends to sell 6k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of November. If the sale is conducted around the recent share price of US$21.79, it would amount to US$123k. For the year to December 2017, Roy's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Roy's direct individual holding has increased from 1.53m shares to 2.06m. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Recent Insider Transactions Derivative • Nov 13
Co-Founder notifies of intention to sell stock Roy Zisapel intends to sell 6k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of November. If the sale is conducted around the recent share price of US$21.79, it would amount to US$123k. For the year to December 2017, Roy's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Roy's direct individual holding has increased from 1.53m shares to 2.06m. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.075 (vs US$0.16 loss in 3Q 2023) Third quarter 2024 results: EPS: US$0.075 (up from US$0.16 loss in 3Q 2023). Revenue: US$69.5m (up 13% from 3Q 2023). Net income: US$3.14m (up US$10.00m from 3Q 2023). Profit margin: 4.5% (up from net loss in 3Q 2023). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Announcement • Oct 03
Radware Expands Its Cloud Security Offering with A New Threat Intelligence Service Radware introduced a new Threat Intelligence Service designed to help security operation center (SOC) teams, threat researchers, and incident responders enhance threat detection, identify compromised systems, and ultimately lower MTTR. The service, which is an expansion of Radware’s cloud security platform, offers them unique, real-time intelligence and pre-emptive warnings about potential network attacks so they can make more informed decisions about application and data center threats. Given the evolving nature of today’s threat landscape, incident management can be challenging and inefficient. Dealing with and prioritizing multiple events simultaneously without real-time visibility and clear data on the sources adds a layer of complexity for security teams that are already understaffed. Several key features distinguish Radware’s new Threat Intelligence Service in the marketplace: Radware offers customers near real-time intelligence and actionable data generated from active real-world Layer 3 to Layer 7 cyber-attacks observed in production environments. The new service does not rely on predefined honeypot traffic or a typical crowdsourcing model, where intelligence commonly faces delays waiting for input from multiple sources. Using cross-correlation with third-party sources and real-world data unbiased by honeypot traffic, Radware provides customers more relevant and more accurate intelligence. The new service is designed to enrich the quality and depth of data in SOC and security information management (SIEM) systems so security teams can conduct deeper analyses of security events, make more informed decisions, improve threat detection, and reduce MTTR. To help customers protect their brand reputation, Radware’s new service identifies potential cyber-attacks originating within their networks. It automatically informs them by filtering millions of events and correlating relevant IP addresses into unique email-based Reputation Alerts. Radware helps customers future proof business continuity by issuing preemptive warnings when IP addresses are used for malicious activity and before outbound traffic blocks occur. This enables security teams to take swift action and prevent system downtime and service disruption. Radware’s one-stop cloud security platform is infused with multiple layers of AI-powered intelligence and capabilities. The platform includes the company’s web application, bot management, and API, client side, and DDoS protections. It also includes delivery services such as its CDN, Load Balancer as a Service, Domain Name System as a Service, and Network Analytics Service. Announcement • Oct 02
Radware Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Radware Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Buy Or Sell Opportunity • Sep 24
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to US$21.99. The fair value is estimated to be US$18.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years. Meanwhile, the company became loss making. Announcement • Sep 06
Radware Ltd., Annual General Meeting, Oct 10, 2024 Radware Ltd., Annual General Meeting, Oct 10, 2024. Location: 22 raoul wallenberg street, tel aviv Israel Buy Or Sell Opportunity • Aug 19
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to US$22.79. The fair value is estimated to be US$18.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 7.9% in a year. Earnings are forecast to grow by 86% in the next year. Recent Insider Transactions Derivative • Aug 04
Insider notifies of intention to sell stock Sharon Trachtman intends to sell 19k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of July. If the sale is conducted around the recent share price of US$18.50, it would amount to US$350k. As of today, Sharon currently holds no shares directly (This sale likely refers to shares that have not yet been received). There have been no trades via on-market transactions or options from company insiders in the last 12 months. Price Target Changed • Aug 01
Price target increased by 7.7% to US$21.43 Up from US$19.89, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of US$22.30. Stock is up 35% over the past year. The company is forecast to post a net loss per share of US$0.10 next year compared to a net loss per share of US$0.50 last year. Announcement • Aug 01
Radware Ltd. Launches EPIC-AI to Deliver New AI-Powered Intelligence and GenAI Capabilities Across its Security Solutions and Services Radware Ltd. announced the launch of its proprietary Radware EPIC-AI™, which adds multiple layers of AI-powered intelligence and capabilities across its application and network security solutions and services. EPIC-AI infuses state-of-the-art AI and generative AI algorithms across Radware’s security solutions to deliver precise, hands-free, consistent protections across cloud, on-prem, and hybrid environments. The AI-based innovations are designed to help organizations not only significantly improve real-time attack detection and mitigation, but also reduce mean time to resolution (MTTR), gain more control over their security, and protect their brands. Recently, industry analyst GigaOm evaluated the AI protection capabilities of 13 security providers in its 2024 Radar for Application and API Security (AAS) Report. For AI protection capabilities, the GigaOm report notes, ‘Radware is the only vendor in this analysis to earn a top score on the AI-enhanced vulnerability detection criterion. Radware includes everything that currently look for in this feature; the AI vulnerability enhancement system uses both IP and application layer information to learn of attacks to protect against and offer suggestions to IT.’ Powered by EPIC-AI, Radware’s security solutions provide a multi-layered integrated platform that offers: Integration across multiple enforcement points, including Radware’s own products and cloud services as well as third-party services, to uniformly apply security policies, signatures, and rules regardless of where an application resides. This unmatched approach provides organizations the consistent protection they are seeking across on-prem and public cloud environments. Real-time cloud protection engines with AI-powered Web DDoS, DNS, bot, and API protection that set Radware apart from the competition. To arm customers in their fight against AI-based attacks, each engine is AI-powered with machine-learning algorithms designed to automatically identify and surgically block malicious activity. Cross-platform AI reasoning that uniquely correlates threat intelligence and data driven feeds across the real-time protection engines to help preemptively block malicious sources. To help combat all-in-one attack tools and a wide range of cyberthreats, the platform can use AI-driven algorithms to identify a malicious event in one engine and block it in another or across different applications. AI-Driven SOC capabilities that enable 24x7, AI-empowered managed services and automated security management and operations. These services can be used by organizations to quickly identify the root causes of an incident and automatically solve it, reducing mean time to resolution from days and hours to minutes. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: US$0.04 (vs US$0.13 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.04 (up from US$0.13 loss in 2Q 2023). Revenue: US$67.3m (up 2.5% from 2Q 2023). Net income: US$1.66m (up US$7.47m from 2Q 2023). Profit margin: 2.5% (up from net loss in 2Q 2023). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Aug 01
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 34% to US$22.66. The fair value is estimated to be US$18.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 7.9% in a year. Earnings are forecast to grow by 98% in the next year. Announcement • Jul 25
Radware Introduces New Compliance Solution to Meet Pci Dss 4.0 Requirements for Application Protection Radware introduced a new one-stop PCI DSS 4.0 Compliance Solution to help organizations easily navigate and streamline the process in meeting the regulation's new application protection requirements. The new solution offers dedicated controls, extensive visibility, easy-to-access reports, and streamlined auditing. To comply with PCI DSS 4.0 requirements, Radware's new solution combines a set of AI-powered, behavioral-based application protection tools in a single platform. The solution, which is built on Radware's Cloud Application Protection Service, includes: An WAF to safeguard websites (Section 6.4.2 requirement): To comply with the requirement for real-time adaptive and active protection against new threats and blocking of non-essential traffic, Radware's cloud WAF provides organizations a unique combination of negative and AI-powered, behavioral- based positive security models. Radware has received numerous awards for its application and network security solutions. Announcement • Jul 04
Radware Ltd. to Report Q2, 2024 Results on Jul 31, 2024 Radware Ltd. announced that they will report Q2, 2024 results on Jul 31, 2024 Announcement • Jun 28
Radware Introduces A Real-Time, AI-Powered API Protection Engine to Combat Business Logic Attacks Radware announced it has enhanced its API Protection solution with a new AI-driven, auto-learning protection engine designed to immediately detect and mitigate business logic attacks. Working in real-time, the engine exposes bad actors’ identities and automatically detects and blocks malicious API calls by continuously learning the application’s business logic. The solution offers organizations comprehensive coverage for the OWASP API 2023. API attacks that leverage business logic vulnerabilities are becoming more sophisticated and harder to detect, often mimicking legitimate API usage. According to Radware’s latest Global Threat Intelligence Analysis Report, malicious web application and API transactions increased by 171% in 2023 compared to 2022. Retail (37%) and transportation (19%) were the most attacked industries, followed by software as a service (8%) and carriers (8%). Radware’s enhanced API Protection solution takes a multi-layer approach to real-time detection and mitigation of business logic attacks. It leverages: Continuous auto-learning of the application business logic to deliver real-time insights into the legitimate or malicious intent of API calls. Real-time AI-driven context analysis of security policies to enhance the reliability of API attack detection and mitigation. Precise identification of bad actors that surpasses simple IP blocking to accurately block malicious users and clients. Radware’s API Protection is part of the company’s comprehensive Cloud Application Security Protection Service. The service also includes the company’s web application firewall (WAF), bot detection and management, and client-side and application-level (Layer 7) web DDoS protection. Combining end-to-end automation, behavioral-based detection, and 24/7 managed services, the solution is designed to offer organizations the highest level of application protection with the lowest level of false positives. Radware has received numerous awards for its application and network security solutions. Industry analysts such as Aite-Novarica Group, Forrester Research, Gartner, GigaOm, KuppingerCole, and Quadrant Knowledge Solutions continue to recognize Radware as a market leader in cyber security. Reported Earnings • May 08
First quarter 2024 earnings released: US$0.029 loss per share (vs US$0.07 loss in 1Q 2023) First quarter 2024 results: US$0.029 loss per share (improved from US$0.07 loss in 1Q 2023). Revenue: US$65.1m (down 5.7% from 1Q 2023). Net loss: US$1.22m (loss narrowed 60% from 1Q 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Announcement • Apr 17
Radware Introduces New Ai-Powered, Rule-Free Edition of Its Dns Ddos Protection Solution Radware introduced a new AI-powered, rule-free edition of its DNS DDoS Protection solution. Using Radware’s patented algorithms, the enhanced version is designed to automatically distinguish between legitimate and attack traffic and instantly adapt DDoS defenses based on the specific attacker. For DNS service providers or companies that host their own DNS services, this can significantly shorten time to resolution and reduce total cost of ownership when countering even the most sophisticated DNS DDoS attack campaigns. To ensure networks and services remain accessible and resilient, Radware’s new DNS DDoS protection offers: Accurate protection against DNS DDoS attacks: Radware's solution accurately identifies and mitigates the most sophisticated known and zero-day DNS DDoS threats as well as multi-vector attacks. Automated AI-powered protection: Radware’s AI-powered, multi-layered, adaptive solution learns normal patterns associated with protected DNS systems, identifies anomalies, and generates accurate mitigation methods to counter DNS DDoS attack campaigns. Shortest mean time-to-resolve: Radware’s solution leverages patented algorithms to automatically detect, adapt, and block DNS attacks, significantly shortening the overall time to resolution. A rule-free approach to drive lower total cost of ownership: The solution offers seamless configuration, management, and handling of ongoing attacks in an automated, rule-free manner to help organizations significantly lower cost of ownership. Radware’s DNS DDoS Protection is provided as a fully managed service and is backed by real-time support from seasoned security experts on Radware’s Emergency Response Team (ERT). Radware’s ERT provides customers with a single-point-of-contact for both routine and emergency security needs. Announcement • Apr 04
Radware Ltd. to Report Q1, 2024 Results on May 08, 2024 Radware Ltd. announced that they will report Q1, 2024 results on May 08, 2024 Announcement • Mar 27
Radware Introduces New Evolution of its Radware Bot Manager, Equip with AI-Based Protections Radware introduced a new evolution of its Radware Bot Manager, now equipped with AI-based protections. Designed to prioritize the end user experience and meet the needs of enterprise security teams, it proactively and surgically mitigates a new generation of aggressive AI-driven, human-like bots without blocking legitimate users. To provide comprehensive application security, Radware’s automated AI-based Bot Manager takes a proactive three-pronged approach to protection. This includes: Preemptive protection: Preemptively blocks unwanted IPs and identities, automatically preventing noise and garbage bot traffic from reaching applications by using Radware’s proprietary technology. This includes Radware’s one-of-a-kind AI-based Correlation Engine, iOS and Android device attestation for mobile apps, and new advanced behind-the-scenes identity challenges for web applications. Behavioral-based detection: Uses AI- and intent-based detection algorithms to detect zero-day bot scripts, human-like bots, and sophisticated distributed attacks. New product features automatically and accurately detect IP and ID Rotators, HTTP Header Anomalies, CAPTCHA Farms, and Distributed Traffic Anomalies. Advanced mitigation: Offers a wide array of mitigation options, including CAPTCHA-less crypto challenges based on blockchain algorithms and new AI-based, real-time signature generation for highly accurate and granular protection. Radware Bot Manager is part of the company’s Cloud Application Protection Service, which offers a one-stop-shop for comprehensive, agnostic application protection. The service also includes the company’s leading web application firewall, as well as API, client-side, and application-layer DDoS protection. Combining end-to-end automation, behavioral-based detection, and 24/7 managed services, the solution is designed to offer organizations the higher level of application protection with the lowest level of false positives. Reported Earnings • Mar 26
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: US$0.50 loss per share (further deteriorated from US$0.004 loss in FY 2022). Revenue: US$261.3m (down 11% from FY 2022). Net loss: US$21.6m (loss widened US$21.4m from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Announcement • Mar 20
Radware Ltd. Advances Its Cloud Application and Network Security Services Radware announced it expanded its cloud application and network security services to include a new Radware Load Balancer as a Service and enhanced Cloud Network Analytics Service. The services are designed to help organizations optimize application management and performance as well as maximize network monitoring and visibility, even during peacetime. The new Radware Load Bal Cancer as a Service enables administrators to create a seamless management experience and gain more control over load balancing requirements by consolidating configurations into one central place. The solution, which is integrated into Radware's Cloud Application Protection Service, is designed to: Provide continuous and automatic origin server status health checks, active-active load balancing, user load balancing between origin sites, and URL-based server load balancing for optimized resource access and server performance. Deliver a seamless and personalized user experience by enabling users to reach the same server or source for a website or application throughout their session. Maintain high application availability and complement Radware’s Cloud Application Protection services to offer improved service level agreements and scalability. Radware’s Cloud Network Analytics Service helps administrators eliminate errors when planning network deployments and stay ahead of DDoS threats through the early detection of network abuse during peacetime. The enhanced solution, which is part of the company’s Cloud DDoS Protection Service, provides analytics and visibility across four key areas: Network traffic: Quantifies the exact amount of traffic moving across a network to enable more effective network planning and deployment. Services in use: Monitors services in use, such as HTTPS, DNS, internet browsing, VoIP, and file downloading, to gauge if they are being used for the right purposes. Top sources: Identifies and maps top attack sources as well as top source IPs in peacetime. Client-server traffic: Monitors and quantifies the amount of traffic flowing between clients and servers to prevent users from abusing resources and credentials. Radware has received numerous awards for its security solutions. Industry analysts such as Aite-Novarica Group, Forrester Research, Gartner, GigaOm, KuppingerCole, and Quadrant Knowledge Solutions continue to recognize Radware as a market leader in cyber security. Buy Or Sell Opportunity • Mar 14
Now 20% undervalued Over the last 90 days, the stock has risen 21% to US$20.38. The fair value is estimated to be US$25.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 9.0% in 2 years. Earnings are forecast to grow by 90% in the next 2 years. Announcement • Feb 27
Radware Drives New Revenue Streams for Managed Security Service Providers Radware announced a new flexible business model for managed security service providers (MSSPs). The offering enables service providers to enjoy new revenue streams and grow their businesses by extending an innovative line of managed network and application security services to their customers. Catering to their business needs, Radware's new offering enables MSSPs to customize, rebrand, and resell the company's Cloud DDoS Protection and Cloud Application Protection Services. The services are built to defend MSSPs' customers against advanced cyber threats, including DDoS, DNS, application, and layer 7 Web DDoS attacks. Leading service providers like US Signal are working with Radware to expand their cyber defense portfolios and strengthen their customers' experiences. In addition, to meeting important scale and technology requirements, what sets Radware's MSSP program apart is the built-in support it offers in standing up a comprehensive security service practice. Radware's network and application security solutions are built on AI-powered algorithms to protect legitimate user experiences while minimizing false positives and the need for human intervention. The company has received numerous awards for its security solutions. Price Target Changed • Feb 08
Price target increased by 7.5% to US$19.12 Up from US$17.79, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of US$19.41. Stock is down 10% over the past year. The company posted a net loss per share of US$0.50 last year. Announcement • Feb 07
Radware Ltd. Provides Earnings Guidance for the First Quarter of 2024 Radware Ltd. provided earnings guidance for the first quarter of 2024. The company expects total revenue for the first quarter of 2024 to be in the range of $62 million to $64 million. Buy Or Sell Opportunity • Jan 26
Now 21% undervalued Over the last 90 days, the stock has risen 21% to US$18.26. The fair value is estimated to be US$23.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 3.4% in 2 years. Earnings are forecast to grow by 82% in the next 2 years. Recent Insider Transactions Derivative • Jan 06
Co-Founder notifies of intention to sell stock Roy Zisapel intends to sell 23k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of January. If the sale is conducted around the recent share price of US$16.68, it would amount to US$390k. For the year to December 2017, Roy's total compensation was 14% salary and 86% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2023, Roy's direct individual holding has increased from 1.49m shares to 1.51m. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Announcement • Nov 30
Radware Ltd. Appoints Mr. Alex Pinchev as an Independent Director Radware Ltd. announced that it has appointed Mr. Alex Pinchev to serve as an independent director of Radware’s Board of Directors. Mr. Pinchev will serve as a member of the Board until the company’s next annual meeting of shareholders when his appointment will be up to a shareholder vote. Mr. Pinchev has held numerous leadership and board positions across several high-tech companies throughout his career. He currently serves on the boards of several privately owned companies and has previously served as president of global sales, services, and field marketing of Red Hat Inc. and president of global sales and marketing of Rackspace Limited (NASDAQ: RXT) as well as held board positions in Quantum Corporation (NYSE: QMCO) and BMC Software (NYSE:BMC). In addition, he continues to advise and invest in startups and firms seeking global expansion through Capri Ventures, an early-stage fund that he founded. Mr. Pinchev 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. Recent Insider Transactions Derivative • Nov 16
Co-Founder notifies of intention to sell stock Roy Zisapel intends to sell 6k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of November. If the sale is conducted around the recent share price of US$15.07, it would amount to US$85k. For the year to December 2016, Roy's total compensation was 14% salary and 86% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2023, Roy's direct individual holding has increased from 1.49m shares to 1.51m. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Nov 03
Third quarter 2023 earnings released: US$0.16 loss per share (vs US$0.066 loss in 3Q 2022) Third quarter 2023 results: US$0.16 loss per share (further deteriorated from US$0.066 loss in 3Q 2022). Revenue: US$61.6m (down 13% from 3Q 2022). Net loss: US$6.85m (loss widened 131% from 3Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Communications industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Recent Insider Transactions Derivative • Oct 27
Co-Founder notifies of intention to sell stock Roy Zisapel intends to sell 11k shares in the next 90 days after lodging an Intent To Sell Form on the 24th of October. If the sale is conducted around the recent share price of US$15.81, it would amount to US$178k. For the year to December 2016, Roy's total compensation was 14% salary and 86% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2023, Roy's direct individual holding has increased from 1.49m shares to 1.51m. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Announcement • Oct 11
Radware Ltd. to Report Q3, 2023 Results on Nov 01, 2023 Radware Ltd. announced that they will report Q3, 2023 results on Nov 01, 2023 Announcement • Sep 15
Radware Ltd., Annual General Meeting, Oct 19, 2023 Radware Ltd., Annual General Meeting, Oct 19, 2023, at 15:00 Israel Standard Time. Location: offices of the Company, 22 Raoul Wallenberg Street, Tel Aviv, Israel Tel Aviv Israel Agenda: To consider and discuss elect Mr. Stanley B. Stern and Mr. Israel Mazin as Class III directors of the Company until the annual general meeting of shareholders to be held in 2026; to consider and approve grants of equity-based awards to non-employee directors; and to consider and approve the reappointment of Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global, as the Company’s auditors, and to authorize the Board of Directors to delegate to the Audit Committee the authority to fix their remuneration in accordance with the volume and nature of their services. Reported Earnings • Aug 03
Second quarter 2023 earnings released: US$0.13 loss per share (vs US$0.07 profit in 2Q 2022) Second quarter 2023 results: US$0.13 loss per share (down from US$0.07 profit in 2Q 2022). Revenue: US$65.6m (down 13% from 2Q 2022). Net loss: US$5.81m (down 284% from profit in 2Q 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Communications industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Announcement • May 24
Radware Ltd. Introduces A New Cloud Web DDoS Protection solution Radware Ltd. introduced a new Cloud Web DDoS Protection solution. The solution is designed to minimize the growing gap between standard DDoS mitigation and an emerging generation of more aggressive, layer 7 (L7), HTTPS Flood attacks--also known as Web DDoS Tsunami attacks. The company's advanced solution is unmatched in its ability to combat these encrypted, high-volume, multi-vector threats that evade standard web application firewalls (WAF) and network-based DDoS tools, essentially rendering them ineffective. Standard WAF and network-based DDoS protection solutions are ineffective in detecting and mitigating Web DDoS Tsunamis without impacting legitimate traffic. Detecting these attacks requires decryption and deep inspection into the L7 traffic headers, which network-based DDoS protection solutions are not able to do. At the same time, on-premise or cloud-based WAF solutions that rely on signature-based protections are ill-equipped to deal with the randomized nature, scale, and sophistication of these attacks. Anticipating the shift in the threat landscape, Radware developed its new Cloud Web DDoS Protection. Backed by research and development, the solution uniquely combines behavioral-based, automated algorithms with the high-scale infrastructure needed to accurately defend organizations against high RPS, Web DDoS Tsunami attacks. In addition, Radware's Cloud Web DDoS Protection: Minimizeses false positives--Dedicated behavioral-based algorithms quickly and accurate detect and blblock L7 DDoS attacks without interrupting legitimate traffic; Offers wide attack coverage against the most advanced threats and zero-day attacks--The solution protects organizations from a wide range of L7 DDoS threats, including smaller-scale, sophisticated attacks; new L7 attack tools and vectors; and large-scale, sophisticated Web DDoS Tsunami attacks; Immediate and adaptive protection--Leveraging proprietary behavioral analysis and real-time signature generation, Radware immediately detects HTTPS floods and continuously adapts the mitigation in real-time to prevent downtime; Provides peace-of-mind--The automated and fully managed solution is designed to help organizations block these sophisticated attack campaigns consistently across all their applications and environments. Price Target Changed • May 05
Price target decreased by 8.5% to US$21.50 Down from US$23.50, the current price target is an average from 2 analysts. New target price is 19% above last closing price of US$18.12. Stock is down 31% over the past year. The company posted a net loss per share of US$0.0037 last year. Recent Insider Transactions Derivative • Apr 17
Insider notifies of intention to sell stock Sharon Trachtman intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of April. If the sale is conducted around the recent share price of US$22.63, it would amount to US$86k. As of today, Sharon currently holds no shares directly (This sale likely refers to shares that have not yet been received). There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Apr 05
Full year 2022 earnings released: US$0.004 loss per share (vs US$0.17 profit in FY 2021) Full year 2022 results: US$0.004 loss per share (down from US$0.17 profit in FY 2021). Revenue: US$293.4m (up 2.4% from FY 2021). Net loss: US$166.0k (down 102% from profit in FY 2021). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Feb 09
Full year 2022 earnings released: US$0.004 loss per share (vs US$0.17 profit in FY 2021) Full year 2022 results: US$0.004 loss per share (down from US$0.17 profit in FY 2021). Revenue: US$293.4m (up 2.4% from FY 2021). Net loss: US$166.0k (down 102% from profit in FY 2021). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Communications industry in the US. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. 