Radware Q2 Adj $0.20 Beats $0.16 Estimate, Sales $67.28M Beat $66.04M Estimate
Portfolio Pulse from Benzinga Newsdesk
Radware (NASDAQ:RDWR) reported Q2 earnings of $0.20 per share, beating the analyst estimate of $0.16. Sales were $67.28 million, surpassing the $66.04 million estimate. This represents a 100% increase in earnings and a 2.54% increase in sales compared to the same period last year.
July 31, 2024 | 10:05 am
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Radware reported strong Q2 earnings of $0.20 per share, beating the analyst estimate of $0.16. Sales were $67.28 million, surpassing the $66.04 million estimate. This represents a 100% increase in earnings and a 2.54% increase in sales compared to the same period last year.
Radware's Q2 earnings and sales both exceeded analyst expectations, indicating strong financial performance. The significant year-over-year increase in earnings and modest sales growth are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100