Radware (NASDAQ:RDWR) Releases Quarterly Earnings Results, Misses Estimates By $0.12 EPS

Radware (NASDAQ:RDWR) posted its earnings results on Wednesday. The information technology services provider reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.12), Zacks reports. Radware had a positive return on equity of 1.41% and a negative net margin of 0.85%. Radware updated its Q1 2025 guidance to 0.220-0.230 EPS.

Radware Trading Up 3.3 %

Shares of Radware stock opened at $24.00 on Thursday. Radware has a 52-week low of $16.12 and a 52-week high of $25.00. The stock has a 50-day simple moving average of $22.49 and a 200-day simple moving average of $22.30.

Wall Street Analysts Forecast Growth

RDWR has been the subject of a number of recent analyst reports. Barclays raised their price target on shares of Radware from $23.00 to $30.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Needham & Company LLC reiterated a “hold” rating on shares of Radware in a research note on Friday, January 17th.

Radware Company Profile

Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application delivery solutions for cloud, on-premises, and software defined data centers worldwide. The company operates in two segments, Radware’s Core Business and The Hawks’ Business. It offers DefensePro provides automated DDoS protection; Radware Kubernetes, a web application firewall solution; and Cyber Controller, a unified solution for management, configuration, and attack lifecycle.