[May 13, 2013] Radware Q1 net income decreases Tweet May 13, 2013 (Datamonitor via COMTEX) -- Radware Ltd., a provider of application delivery and application security solutions, has reported that net income for the first quarter ended March 31, 2013 was $4.49 million, or $0.10 per diluted share, compared to $6.87 million, or $0.15 per diluted share, for the same quarter ended March 31, 2012. Revenues for the first quarter ended March 31, 2013 were $45.13 million, compared to $45.02 million for the same quarter ended March 31, 2012. Operating income for the first quarter ended March 31, 2013 was $4.13 million, compared to $6.25 million for the same quarter ended March 31, 2012. Gross profit for the first quarter ended March 31, 2013 was $36.55 million, compared to $36.49 million for the same quarter ended March 31, 2012. Roy Zisapel president and CEO, Radware, said: "Despite lower than expected quarterly revenues, we continue to see a long term strong market need for delivering and securing applications across enterprise, carrier and cloud data centers. We believe we will be able to translate the growth in mobile data, cyber threats and attacks, and cloud computing to revenue growth in 2013." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon [ Back To TMCnet.com's Homepage ]