Radware (RDWR) to Release Quarterly Earnings on Wednesday

Radware (NASDAQ:RDWR) will likely be announcing its earnings results before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.23 per share and revenue of $71.39 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Radware Price Performance

Shares of NASDAQ:RDWR opened at $22.01 on Tuesday. Radware has a fifty-two week low of $16.12 and a fifty-two week high of $24.76. The business has a 50-day moving average of $22.61 and a two-hundred day moving average of $22.08. The stock has a market capitalization of $924.20 million, a P/E ratio of -366.77 and a beta of 0.96.

Analyst Upgrades and Downgrades

A number of research firms recently commented on RDWR. Barclays increased their price target on Radware from $23.00 to $30.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Needham & Company LLC reissued a “hold” rating on shares of Radware in a research note on Friday, January 17th.

About Radware

Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application delivery solutions for cloud, on-premises, and software defined data centers worldwide. The company operates in two segments, Radware’s Core Business and The Hawks’ Business. It offers DefensePro provides automated DDoS protection; Radware Kubernetes, a web application firewall solution; and Cyber Controller, a unified solution for management, configuration, and attack lifecycle.