Radware (NASDAQ: RDWR), a global leader in application security and delivery solutions, saw its stock soar 5.89% in pre-market trading on Wednesday following the release of its strong first-quarter 2025 financial results and the announcement of an aggressive U.S. expansion plan.
The company reported impressive Q1 2025 financial results, with revenue reaching $72.079 million, a 10.75% increase from the same period last year. Adjusted earnings per share (EPS) came in at $0.27, beating analyst estimates of $0.23 by 17.39%. This represents a significant 68.75% increase from the $0.16 per share reported in the previous year. Radware's operating income for the quarter stood at $1.569 million, with a net income of $4.344 million.
In addition to the strong financial performance, Radware announced an aggressive strategy to expand its market presence and accelerate growth across its cloud services business in the U.S. The expansion plans include strategic new hires, adding tech alliances, and reinforcing its commitment to AI innovation. The company has already filled over 30 new positions across various departments and announced new leadership appointments, including Constance Stack as Chief Growth Officer and Randy Wood as Senior Vice President of North American Sales. This expansion, coupled with the launch of AI SOC Xpert, a next-gen cloud service designed to fight AI-driven threats, positions Radware for potential further growth in the competitive cybersecurity market.
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