Reported Earlier, Radware Expects Q4 Total Revenue Of $71M - $72M (Est $70.67M), Adj EPS Of $0.23 - $0.24 (Est $0.22)
Portfolio Pulse from Benzinga Newsdesk
Radware has announced its expectations for Q4, projecting total revenue between $71M and $72M, surpassing the estimated $70.67M. The company also anticipates adjusted EPS of $0.23 to $0.24, exceeding the estimated $0.22.
November 01, 2024 | 11:28 am
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POSITIVE IMPACT
Radware's Q4 revenue and EPS projections exceed market estimates, indicating potential positive market reaction.
Radware's projected revenue and EPS for Q4 are both above market expectations, which is typically seen as a positive indicator for the stock price. This suggests that the company is performing better than anticipated, likely leading to a favorable short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100