Radware Ltd. (NASDAQ: RDWR) shares surged 9.46% in pre-market trading on Wednesday following the release of its second-quarter 2025 financial results, which exceeded analyst expectations and showcased strong growth in its cloud security business.
The cybersecurity and application delivery solutions provider reported Q2 revenue of $74.2 million, a 10% increase year-over-year and beating the analyst consensus estimate of $73.5 million. Non-GAAP diluted earnings per share came in at $0.28, surpassing the $0.26 estimate and marking a significant improvement from $0.20 in the same quarter last year.
Investors were particularly encouraged by Radware's cloud business performance, with Cloud Annual Recurring Revenue (ARR) growing 21% year-over-year to reach $85 million. The company's focus on cloud security as its primary growth engine appears to be paying off, as reflected in the accelerated cloud ARR growth. Roy Zisapel, President and CEO of Radware, emphasized the successful execution of their business strategy and advancements in AI innovation as key drivers of the strong Q2 performance.
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