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Baron Funds Comments on Radware Ltd.

August 09, 2013 | About:

Radware Ltd. (RDWAR) manufactures integrated networking solutions for application performance optimization and security. Like Fortinet, Radware's stock fell after the company missed its first quarter guidance, due primarily to weak service provider sales in Europe. At the same time, Radware's U.S. business remained quite healthy and delivered strong growth rates. We continue to believe that Radware will continue to take share in the U.S. market with its differentiated application delivery and security solutions. (Gilad Shany)

From Baron Funds second quarter 2013 commentary.

Rating: 2.0/5 (1 vote)


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