Radware (RDWR) News Today

Radware (NASDAQ:RDWR) will be releasing earnings before the market opens on Wednesday, July 31, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=606195)

Radware Ltd. (NASDAQ:RDWR - Get Free Report) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totalling 429,600 shares, a drop of 41.8% from the June 15th total of 737,700 shares. Approximately 1.4% of the company's stock are sold short. Based on an average trading volume of 412,700 shares, the days-to-cover ratio is currently 1.0 days.

Mirae Asset Global Investments Co. Ltd. lessened its position in Radware Ltd. (NASDAQ:RDWR - Free Report) by 19.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,326,405 shares of the information technology services provider

Radware (NASDAQ:RDWR) Share Price Crosses Above 200-Day Moving Average of $18.03

Radware (NASDAQ:RDWR) Shares Down 4.2%

StockNews.com raised shares of Radware from a "buy" rating to a "strong-buy" rating in a research report on Tuesday.

First Trust Advisors LP boosted its position in Radware Ltd. (NASDAQ:RDWR - Free Report) by 90.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,446,925 shares of the information technology services provider's stock after purchasing an a

Artisan Partners Limited Partnership lessened its holdings in shares of Radware Ltd. (NASDAQ:RDWR - Free Report) by 2.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,360,703 shares of the information technology services provider's

Needham & Company LLC reiterated a "hold" rating on shares of Radware in a report on Friday.

Radware (NASDAQ:RDWR - Get Free Report) posted its quarterly earnings data on Wednesday. The information technology services provider reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. Radware had a negative return on equity of 2.88% and a negative net margin of 8.26%. The firm had revenue of $65.10 million during the quarter, compared to the consensus estimate of $63.57 million. During the same period in the prior year, the company earned ($0.02) EPS. The firm's revenue was down 5.7% compared to the same quarter last year.

Needham & Company LLC reaffirmed a "hold" rating on shares of Radware in a report on Thursday.

Radware (NASDAQ:RDWR) updated its second quarter 2024 earnings guidance. The company provided EPS guidance of 0.150-0.170 for the period, compared to the consensus estimate of 0.150. The company also issued revenue guidance of $65.0 millionillion-$67.0 millionillion, compared to the consensus estimate of $65.7 millionillion.

Radware (NASDAQ:RDWR) Shares Gap Up to $17.22

Radware (NASDAQ:RDWR) updated its second quarter earnings guidance. The company provided EPS guidance of $0.15-$0.17 for the period, compared to the consensus estimate of $0.15. The company also issued revenue guidance of $65-$67 millionillion, compared to the consensus estimate of $65.75 millionillion.

Radware Ltd. (NASDAQ:RDWR - Get Free Report) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 638,100 shares, an increase of 20.9% from the March 15th total of 527,900 shares. Based on an average daily trading volume, of 240,300 shares, the days-to-cover ratio is presently 2.7 days. Currently, 2.0% of the company's stock are short sold.

Radware (NASDAQ:RDWR) Shares Down 3.9%

Mirae Asset Global Investments Co. Ltd. raised its stake in Radware Ltd. (NASDAQ:RDWR - Free Report) by 22.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,654,735 shares of the information technology servi