Radware 4Q Highlights
- Radware’s adjusted earnings per share (EPS) for Q4 was 27 cents, surpassing the estimated 24 cents and the previous year’s 13 cents.
- The company reported a revenue of $73.0 million, marking a 12% increase from the previous year, and higher than the anticipated $71.4 million.
- Adjusted operating income climbed to $9.03 million from last year’s $3.40 million, exceeding the $7.67 million estimate.
- Total assets reached $618.7 million, an 8.1% growth from the previous year, slightly below the $619.7 million estimate.
- Net cash provided by operating activities drastically increased to $12.7 million, compared to $2.65 million last year and an estimate of $9.37 million.
- Roy Zisapel, president and CEO of Radware, attributed this growth to accelerated 19% cloud ARR growth, successful DDoS protection updates, and strong OEM partnerships.
- Analyst ratings for Radware include 1 buy, 4 holds, and 0 sells.
A look at Radware Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Radware Ltd., a company specializing in cybersecurity solutions, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a strong resilience score of 5, Radware demonstrates a robust ability to navigate challenging market conditions and potential disruptions. This resilience factor reflects positively on the company’s ability to withstand risks and uncertainties, positioning it well for sustainable growth and success in the future.
Furthermore, Radware’s growth score of 3 indicates a favorable potential for expansion and development in its market segment. Coupled with a momentum score of 3, which suggests a steady upward trend in performance, Radware appears to be on a trajectory towards continued progress and advancement. While the value and dividend scores are not as high, the company’s strengths in growth and resilience bode well for its overall outlook and strategic positioning in the cybersecurity industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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