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Radware (RDWR)
:RDWR
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.24Last Year’s EPS
0.13Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: -2.95%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook with strong revenue growth, significant increases in EPS, and expansion in the cloud security business. However, there were some regional challenges, notably in APAC and soft performance in the Americas, due to weak service provider spending.Company Guidance
During Radware's Q3 2024 earnings call, the company reported surpassing its guidance, achieving a 13% year-over-year revenue growth and a substantial increase in non-GAAP EPS, delivering $0.23 per share, more than triple the EPS from Q3 2023. The company's cloud security business experienced a 15% year-over-year growth in cloud ARR, contributing to a total ARR increase of 9% to $223.6 million. Subscription revenue grew significantly, now accounting for 47% of total revenue. Gross margin expanded to 82.3%, and operating income reached $7.2 million, compared to a loss in Q3 2023. Guidance for Q4 2024 projected total revenue between $71 million and $72 million, with non-GAAP EPS between $0.23 and $0.24.Strong Revenue Growth
Achieved 13% year-over-year revenue growth, with revenue reaching $69.5 million in Q3 2024, up from $61.6 million in the same period last year.
Significant Increase in EPS
Non-GAAP EPS more than tripled to $0.23 per share, compared to $0.07 in Q3 2023.
Cloud Security Business Expansion
Cloud ARR grew by 15% year-over-year, with a record number of new cloud customers added in Q3 2024.
OEM Partnerships Success
Strong performance from OEM partners Cisco and Check Point, with record total bookings and on track to achieve record yearly results.
High Subscription Revenue
Subscription revenue accounted for 47% of total revenue in Q3 2024, driven by the DefensePro X refresh and increased cloud subscriptions.
Positive Cash Flow
Cash flow from operations in Q3 2024 reached $14.7 million, compared to a negative cash flow of $9.8 million in Q3 2023.
Industry Recognition
Named a technology leader in SPARK Matrix analysis for web application firewall and bot management for the fourth consecutive year.
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RDWR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RDWR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $22.19 | $22.51 | +1.44% |
| Jul 31, 2024 | $18.50 | $22.66 | +22.49% |
| May 08, 2024 | $17.22 | $19.16 | +11.27% |
| Feb 07, 2024 | $18.37 | $18.54 | +0.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Radware (RDWR) report earnings?
Radware (RDWR) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Radware (RDWR) earnings time?
Radware (RDWR) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RDWR EPS forecast?
RDWR EPS forecast for the fiscal quarter 2024 (Q4) is 0.24.
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