Radware (RDWR) has released an update.
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Radware has reported robust financial results for the third quarter of 2024, showcasing a 13% year-over-year revenue increase to $69.5 million and a substantial rise in non-GAAP diluted EPS from $0.07 to $0.23. The company’s strong performance is driven by double-digit growth in subscription revenue and successful sales of its DefensePro X software. Radware’s cash flow from operations also improved, reaching $14.7 million for the quarter.
For further insights into RDWR stock, check out TipRanks’ Stock Analysis page.
