Monday, January 4, 2010

Radware Raises Guidance for Q4 2009 Financial Results

Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today raised its guidance for the fourth quarter of 2009. The company anticipates quarterly revenues to be at a record level, of approximately $31 million to $32 million, higher than the previous guidance of $30 million stated by executive management during the third quarter 2009 earnings call. EPS on a Non-GAAP basis is also expected to increase and is now estimated at 19-21 cents per diluted share vs. 15-16 cents per share as previously indicated.

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