Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today reported record quarterly revenues of $27.1 million for the second quarter of 2009. This represents an increase of 13% compared with revenues of $24.0 million for the second quarter of 2008 and an increase of 32% compared with revenues of $20.5 in the first quarter of 2009.
Net income on a Non-GAAP basis for the second quarter of 2009 was $0.8 million or $0.04 per diluted share, compared with a net loss of $5.0 million or $0.25 per diluted share in the second quarter of 2008. Net income on a Non-GAAP basis excludes the impact of stock based compensation expenses and amortization of intangible assets.
Net loss on a GAAP basis for the second quarter of 2009 was $1.7 million or $0.09 per diluted share. Net loss for the second quarter of 2008 was $7.1million or $0.36 per diluted share.
Friday, July 31, 2009
Radware Ltd. Announces Q2 Results
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