Radware reports Q3 non-GAAP EPS 7c, consensus 7c

Reports Q3 revenue $61.6M, consensus $62.06M. “During the Q3 of 2023, our cloud ARR growth accelerated to 25%,” said Roy Zisapel, Radware’s president and CEO. “Going forward, we intend to continue to focus on growing the cloud security business. Combined with cautious optimism regarding the recovery of our appliance business and prudent cost management, we believe we will emerge stronger from the current challenges.”