Radware Ltd. (RDWR) Tops Q3 EPS by 1c, Slight Beat on Revenues

Radware Ltd. (NASDAQ: RDWR) reported Q3 EPS of $0.18, $0.01 better than the analyst estimate of $0.17. Revenue for the quarter came in at $62.5 million versus the consensus estimate of $62.13 million.

Third Quarter 2020 Results and Financial Highlights

• Revenues of $62.5 million
• Non-GAAP EPS of $0.18; GAAP EPS of $0.08
• Net cash provided by operating activities of $50 million for the last twelve months

“We are pleased with the results for the third quarter, during which we enjoyed a very strong and broad-based bookings growth, spanning across all our geographic regions and product lines,” said Roy Zisapel, Radware’s President & CEO. “Our strategic OEM relationships delivered record booking in the quarter, further enhancing our strong position within the large enterprise segment, and contributing positively to the growth in our recurring revenues.”

For earnings history and earnings-related data on Radware Ltd. (RDWR) click here.

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