Radware Q2 Adj EPS $0.10 Misses $0.14 Estimate, Sales $65.60M Miss $69.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Radware (NASDAQ:RDWR) reported Q2 adjusted earnings of $0.10 per share, missing the analyst consensus estimate of $0.14 by 28.57%. This is a 44.44% decrease from the same period last year. The company also reported quarterly sales of $65.60 million, missing the analyst consensus estimate of $69.20 million by 5.20%, a 12.67% decrease from the same period last year.
August 04, 2023 | 10:45 am
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Radware's Q2 earnings and sales missed estimates, with a significant decrease from the same period last year. This could negatively impact the company's stock in the short term.
Radware's Q2 earnings and sales fell short of analyst estimates, and also showed a significant decrease from the same period last year. This underperformance could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
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IMPORTANCE 80
RELEVANCE 100