Radware Ltd. (RDWR) Tops Q3 EPS by 4c, Revenues Beat

Radware Ltd. (NASDAQ: RDWR) reported Q3 EPS of $0.15, $0.04 better than the analyst estimate of $0.11. Revenue for the quarter came in at $58.76 million versus the consensus estimate of $58.33 million.

• Revenues of $59 Million, up 11% from the third quarter of 2017
• Non-GAAP operating income and margin of $6.3Million and 11%, respectively
• Non-GAAP EPS of $0.15; GAAP EPS of $0.06
• Operating cash flow for the last twelve months of $32 million

“We are pleased with our results for the third quarter, which included year over year double-digit revenue growth and operating margin expansion for the fifth consecutive quarter. We are very well positioned to benefit from the increasing demand for cloud security solutions and continue to invest in our portfolio and market reach in order to continue deliver growth and profitability in the future,” said Roy Zisapel, Radware President & CEO.

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

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