Recap: Radware Q2 Earnings

Shares of Radware RDWR were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 27.78% year over year to $0.13, which beat the estimate of $0.12.

Revenue of $58,445,000 decreased by 3.32% year over year, which beat the estimate of $57,890,000.

Looking Ahead

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: Jul 29, 2020

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fwww.radware.com%2Fir%2Finvestor-events%2F&eventid=2399378&sessionid=1&key=735ACE82B5C4354254E308727C2C5154&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $26.99

52-week low: $16.02

Price action over last quarter: Up 8.29%

Company Description

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).