Recap: Radware Q1 Earnings

Shares of Radware RDWR were unchanged at $23.27 after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 22.22% over the past year to $0.14, which missed the estimate of $0.15.

Revenue of $60,012,000 lower by 2.26% year over year, which missed the estimate of $61,950,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Radware hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: May 06, 2020

Time: 10:05 PM ET

Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=&eventid=2160271&sessionid=1&key=17A1AB5ADFEC5767DD32BA60C74D4DD2&regTag=&sourcepage=register

Technicals

52-week high: $26.98

Company's 52-week low was at $16.02

Price action over last quarter: Up 4.54%

Company Overview

Radware Ltd develops and sells a broad portfolio of network products including physical and virtual application delivery controllers, web application firewalls, intrusion prevention systems, and other security products geared toward large enterprise and service provider segments. It offers an infrastructure that supports our DDoS scrubbing center services, WAF and bot management cloud-based services. In addition, It provides other services through the cloud, such as Cloud Workload Protect (CWP) and Content Delivery Network (CDN).