Radware (NASDAQ: RDWR), the leading provider of Intelligent Application Switching, ensuring the end-to-end availability, performance and security of networked applications across the enterprise, today announced updated guidance for the third quarter of 2004 based on its preliminary results for the third quarter up to September 26, 2004. Radware anticipates that revenue and earnings for third quarter 2004 will exceed revenue and earnings projections. Company revenues are expected to reach a record of $17.6 million, and based on such revenue, Radware expects to report earnings per share of 19 cents for the quarter, compared to its original guidance of 17 cents.
Radware cautions that these results are preliminary, based on the information currently available, and are subject to the final closing of its books and customary accounting policies and adjustments.
The final results for the third quarter 2004 will be reported in the Company's quarterly earnings release, on October 25th, 2004.
"We see continued growth in our business across geographies, products and customers, as well as an increasing interest in our enhanced security offerings, led by our DefensePro product," stated Roy Zisapel, President and CEO of Radware.
About Radware
Radware (NASDAQ:RDWR) is the Global Leader in Intelligent Application Switching, enabling the full availability, maximum performance and complete security and of all mission critical networked applications while dramatically cutting operating and scaling costs. Radware's integrated Application Security, Application Infrastructure and End-to-End Connectivity solutions are deployed by over 2,500 enterprises and carriers worldwide Radware offers the broadest product line in the industry meeting application needs at every critical point across the network including Web and Application Servers, Firewalls, VPNs, ISP links, Anti-Virus Gateways and Cache.
Learn more on how Radware Intelligent Application Switching Solutions can enable the security, performance and availability of mission critical applications at www.radware.com.
Editorial Contacts:
Jon Rabinowitz, Radware Ltd.; +1-201-512-9771 ext.233 or jonr@radware.com
Investor Relations: Dennis S. Dobson; 203-255-7902 or IR@radware.com