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Crime Pays for Radware as Cyber-Attacks Increase: Israel Markets

2014-11-02 01:58:47| IT Services - Topix.net

The spate of cyber-attacks that rocked U.S. companies in 2014 came at just the right time for Tel Aviv-based Radware Ltd., which spent the last three years doubling its U.S. sales force. Radware, whose technology distributes workloads across networks and helps fend off threats, reported third-quarter earnings-per-share on Oct. 28 that beat the average analyst estimate by 24 percent, triggering the biggest rally in the stock since 2010.

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