Radware

Radware Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 7, 2024

TEL AVIV, Israel, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced its consolidated financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Revenue in the Europe, Middle East, and Africa (“EMEA”) region was $24.9 million for the fourth quarter of 2023, an increase of 2% from $24.3 million in the fourth quarter of 2022.
  • Revenue in the Asia-Pacific (“APAC”) region was $15.5 million for the fourth quarter of 2023, a decrease of 13% from $17.9 million in the fourth quarter of 2022.
  • Cash flow from operating activities was $2.7 million in the fourth quarter of 2023 and negative at $3.5 million for the full year of 2023.
  • Radware management will host a call today, February 7, 2024, at 8:30 a.m. EST to discuss its fourth quarter and full year 2023 results and the Company’s first quarter 2024 outlook.

Radware Schedules Conference Call for Its Fourth Quarter and Full Year 2023 Earnings

Retrieved on: 
Wednesday, January 3, 2024

TEL AVIV, Israel, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Radware ® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, will announce its fourth quarter and full year 2023 financial results on Wednesday, February 7, 2024.

Key Points: 
  • TEL AVIV, Israel, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Radware ® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, will announce its fourth quarter and full year 2023 financial results on Wednesday, February 7, 2024.
  • Radware management will host a call on Wednesday, February 7, 2024, at 8:30 a.m. EST to discuss its fourth quarter and full year 2023 results and outlook for the first quarter of 2024.
  • Participants are advised to join the call approximately 15 minutes before the start time.
  • A replay of the call will be available for two days, starting two hours after the end of the call, on telephone number 1-647-362-9199 or (US toll-free) 1-800-770-2030.

Radware Signs Managed Security Service Provider Reseller Agreement with Feenix Communications

Retrieved on: 
Monday, November 20, 2023

MAHWAH, N.J., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Radware ®, a leading provider of cyber security and application delivery solutions, announced it signed a managed security service provider (MSSP) reseller agreement with Feenix Communications Limited , a multi-carrier telecommunications company providing solutions to the service provider industry.

Key Points: 
  • MAHWAH, N.J., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Radware ®, a leading provider of cyber security and application delivery solutions, announced it signed a managed security service provider (MSSP) reseller agreement with Feenix Communications Limited , a multi-carrier telecommunications company providing solutions to the service provider industry.
  • Based on the agreement, Feenix Communications plans to resell Radware’s application and network security solutions to its network integrator and internet service provider customers in New Zealand.
  • The portfolio of solutions includes Radware’s Cloud Application Protection Services , Cloud DDoS Protection Service , and DefensePro® DDoS Protection .
  • In addition to becoming a MSSP reseller, Feenix Communications has been a Radware customer for seven years, using Radware’s DefensePro DDoS Protection within its network.

Radware to Deliver Advanced DDoS Protection for Data Center Infrastructure of Leading European Telecom

Retrieved on: 
Tuesday, November 14, 2023

Ranking among its country’s top four largest telecoms based on revenue, the carrier will utilize Radware’s behavioral-based DDoS protection to strengthen the network security for its data center infrastructure and customers.

Key Points: 
  • Ranking among its country’s top four largest telecoms based on revenue, the carrier will utilize Radware’s behavioral-based DDoS protection to strengthen the network security for its data center infrastructure and customers.
  • To increase its DDoS defenses against new threat vectors and expand its security portfolio, the carrier replaced its existing DDoS mitigation solution with Radware’s DefensePro® X DDoS Protection platform and Cyber Controller .
  • To oversee the complete DDoS protection lifecycle and speed time to mitigation, DefensePro X works with the Radware Cyber Controller.
  • Radware has received numerous awards for its DDoS mitigation, application and API protection , web application firewall , and bot detection and management solutions.

Radware Report Finds the Downtime Cost of an Application DDoS Attack Averages $6,130 Per Minute

Retrieved on: 
Wednesday, November 8, 2023

The report reveals a surge in the frequency of bot , application, API, and DDoS attacks against applications over the past 12 months.

Key Points: 
  • The report reveals a surge in the frequency of bot , application, API, and DDoS attacks against applications over the past 12 months.
  • During the past year, application attacks have become the most frequently occurring attack on a daily basis, jumping from 4% in 2022 to 23% in 2023.
  • Downtime due to a successful application DDoS attack costs organizations an average of $6,130 per minute.
  • More than 87% of organizations report they are developing and using more APIs as an essential element of their modern application strategy.

Radware Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023

TEL AVIV, Israel, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced its consolidated financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Cloud ARR of $62.5 million, up 25% year-over-year
    TEL AVIV, Israel, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Radware ® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced its consolidated financial results for the third quarter ended September 30, 2023.
  • “During the third quarter of 2023, our cloud ARR growth accelerated to 25%,” said Roy Zisapel, Radware’s president and CEO.
  • Revenue in the Asia-Pacific (“APAC”) region was $17.4 million for the third quarter of 2023, an increase of 12% from $15.5 million in the third quarter of 2022.
  • Radware management will host a call today, November 1, 2023, at 8:30 a.m. EDT to discuss its third quarter 2023 results and the Company’s fourth quarter 2023 outlook.

Radware Schedules Conference Call for Its Third Quarter 2023 Earnings

Retrieved on: 
Tuesday, October 10, 2023

TEL AVIV, Israel, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Radware ® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, will announce its third quarter 2023 financial results on Wednesday, November 1, 2023.

Key Points: 
  • TEL AVIV, Israel, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Radware ® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, will announce its third quarter 2023 financial results on Wednesday, November 1, 2023.
  • Radware management will host a call on Wednesday, November 1, 2023, at 8:30 a.m. EDT to discuss its third quarter 2023 results and outlook for the fourth quarter of 2023.
  • Participants are advised to join the call approximately 15 minutes before the start time.
  • A replay of the call will be available for two days, starting two hours after the end of the call, on telephone number 1-647-362-9199 or (US toll-free) 1-800-770-2030.

Radware Provides DDoS Protection for Leading European Financial Group

Retrieved on: 
Thursday, August 31, 2023

MAHWAH, N.J., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Radware ®, a leading provider of cyber security and application delivery solutions, announced it signed an agreement to provide DDoS protection for one of Europe’s leading financial groups.

Key Points: 
  • MAHWAH, N.J., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Radware ®, a leading provider of cyber security and application delivery solutions, announced it signed an agreement to provide DDoS protection for one of Europe’s leading financial groups.
  • The financial group turned to Radware as geopolitical tensions and DDoS attacks continued to rise and outpace the limitations of the DDoS solution provided by the group’s internet service provider.
  • “The European financial group selected Radware for our deep bench of technical expertise, the superiority of our DDoS protection, and our ability to continuously adapt to the shifting demands of the threat landscape.”
    Radware secured the agreement in partnership with CLICO Solutions.
  • To increase its DDoS defenses, the group purchased Radware’s hybrid Cloud DDoS Protection Service and recently released DefensePro® X DDoS Protection .

Radware is Positioned as the Leader in both Bot Management and DDoS Mitigation in Quadrant Knowledge Solutions' 2023 SPARK Matrix™

Retrieved on: 
Tuesday, August 29, 2023

MINNEAPOLIS, Aug. 29, 2023 /PRNewswire/ -- Radware has been named the 2023 technology leader in Quadrant Knowledge Solutions' SPARK Matrix™ analysis of both the Bot management and DDoS mitigation markets.

Key Points: 
  • MINNEAPOLIS, Aug. 29, 2023 /PRNewswire/ -- Radware has been named the 2023 technology leader in Quadrant Knowledge Solutions' SPARK Matrix™ analysis of both the Bot management and DDoS mitigation markets.
  • The study provides competitive analysis and ranking of the leading technology vendors in the form of its SPARK Matrix™.
  • "Being recognized as the technology leader in Bot management and DDoS mitigation for four consecutive years is a testament to our ongoing commitment to product innovation," said Sharon Trachtman, chief marketing officer at Radware.
  • "Radware offers organizations high-capacity DDoS mitigation with patented algorithms and real-time signature creation for wide attack coverage against zero-day attacks.

Radware is Positioned as the Leader in both Bot Management and DDoS Mitigation in Quadrant Knowledge Solutions' 2023 SPARK Matrix™

Retrieved on: 
Tuesday, August 29, 2023

MINNEAPOLIS, Aug. 29, 2023 /PRNewswire/ -- Radware has been named the 2023 technology leader in Quadrant Knowledge Solutions' SPARK Matrix™ analysis of both the Bot management and DDoS mitigation markets.

Key Points: 
  • MINNEAPOLIS, Aug. 29, 2023 /PRNewswire/ -- Radware has been named the 2023 technology leader in Quadrant Knowledge Solutions' SPARK Matrix™ analysis of both the Bot management and DDoS mitigation markets.
  • The study provides competitive analysis and ranking of the leading technology vendors in the form of its SPARK Matrix™.
  • "Being recognized as the technology leader in Bot management and DDoS mitigation for four consecutive years is a testament to our ongoing commitment to product innovation," said Sharon Trachtman, chief marketing officer at Radware.
  • "Radware offers organizations high-capacity DDoS mitigation with patented algorithms and real-time signature creation for wide attack coverage against zero-day attacks.