The technology company said on its fourth-quarter conference call that it expects first-quarter earnings per share in the range of 20 cents to 23 cents on revenue in the range of $56 million to $58 million. The consensus estimate calls for EPS of 23 cents on revenue of $58.1 million.
Radware reported earnings of $9.2 million, or 19 cents, for the fourth quarter. Adjusted EPS was 28 cents, which narrowly edged the Zacks Consensus Estimate of 27 cents. Revenue totaled $61 million, which beat analysts' expectations of $60.2 million.
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The company reported full-year profit of $25 million, or 53 cents a share, on revenue of $221.9 million.
Separately, TheStreet Ratings team rates RADWARE LTD as a "buy" with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate RADWARE LTD (RDWR) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."
- You can view the full analysis from the report here: RDWR Ratings Report