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Radware reports 3Q loss

TEL AVIV, Israel (AP) _ Radware Ltd. (RDWR) on Wednesday reported a loss of $1.5 million in its third quarter.

On a per-share basis, the Tel Aviv, Israel-based company said it had a loss of 3 cents. Earnings, adjusted for one-time gains and costs, were 4 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The network management software maker posted revenue of $53 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $52.2 million.

Radware shares have climbed 20 percent since the beginning of the year. The stock has risen 30 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RDWR at https://www.zacks.com/ap/RDWR