Radware Ltd. just beats Q2 revenue estimates misses loss by penny
Radware Ltd. (Nasdaq: RDWR), which is a provider of integrated application delivery solutions for business-smart networking, this morning reported second quarter revenues just above analyst estimates, but missed loss per share estimates by a penny.
For the three months ended June 30, the Tel Aviv, Israel-based company booked record revenues of $21.5 million, compared with revenues of $20.1 million for the second quarter of 2006. Seven analysts polled by Thomson Financial expected revenues of $20.51 million for the second quarter.
Radware recorded a net loss for the second quarter of 2007of $2.4 million or $0.12 per diluted share, compared with net income of $0.5 million or $0.03 per diluted share in the second quarter of 2006. Seven analysts polled by Thomson Financial expected a loss of $0.11 per share for the second quarter.
Shares of Radware edged up 0.28%, or $0.04, to $14.45 in pre-market trading.
