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RADWARE LTD (RDWR) Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues293.4286.5250.0252.1234.4211.4196.6216.6
            Revenue growth2.4%14.6%-0.8%7.5%10.9%7.5%-9.2%-2.4%
Cost of goods sold53.952.445.145.241.739.635.738.2
Gross profit239.5234.1204.9206.9192.7171.8160.9178.4
            Gross margin81.6%81.7%82.0%82.1%82.2%81.3%81.8%82.4%
Sales and marketing126.5119.8113.0109.6111.4108.7103.893.3
Research and development86.674.166.861.857.759.051.750.0
General and administrative29.821.918.918.616.117.618.117.0
EBITA-3.320.18.119.38.5-5.4-11.619.2
            EBITA margin-1.1%7.0%3.2%7.7%3.6%-2.6%-5.9%8.9%
Amortization of intangibles 1.91.92.40.91.21.11.2
EBIT-3.318.26.216.97.5-6.7-12.718.0
            EBIT margin-1.1%6.4%2.5%6.7%3.2%-3.2%-6.5%8.3%
Pre-tax income4.722.614.025.714.8-1.8-7.023.9
Income taxes4.914.84.33.13.15.71.75.3
            Tax rate103.5%65.5%31.0%12.2%20.7%  22.2%
Net income-0.27.89.622.611.7-7.5-8.718.6
            Net margin-0.1%2.7%3.9%9.0%5.0%-3.5%-4.4%8.6%
 
Diluted EPS$0.00$0.16$0.20$0.47$0.25($0.17)($0.20)$0.40
Shares outstanding (diluted)44.947.547.748.547.743.543.946.7
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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