Radware Ltd. (RDWR) Tops Q3 EPS by 8c

Radware Ltd. (NASDAQ: RDWR) reported Q3 EPS of $0.25, $0.08 better than the analyst estimate of $0.17. Revenue for the quarter came in at $62.9 million versus the consensus estimate of $62.93 million.

Third Quarter 2019 Results and Financial Highlights

• Revenues of $62.9 million, up 7% from the third quarter of 2018
• Non-GAAP Operating income and margin of $9.2 million and 15%
• Non-GAAP EPS of $0.25, up 67% from the third quarter of 2018; GAAP EPS of $0.15
• Net cash provided by operating activities for the last twelve months of $74.6 million

“The third quarter was another solid quarter for Radware, with continued revenue growth and strong profitability,” said Roy Zisapel, Radware President & CEO. “Our market position is strong, and our solution portfolio meets our customers’ evolving needs. We combine superior attack detection and mitigation capabilities, with agility and flexibility in deploying them across private, hybrid and public clouds. We look forward to continued growth.”

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

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