Exhibit 99.1 Radware Reports Second Quarter 2023 Financial Results Second Quarter 2023 Financial Results and Highlights • Revenue of $65.6 million, down 13% year-over-year • Total ARR of $208.3 million, up 7% year-over-year • Non-GAAP gross margin of 82.3% compared to 83.3% in the second quarter of 2022 • Non-GAAP EPS of $0.10; GAAP net loss per diluted share of $0.13 TEL AVIV, Israel, August 2, 2023 - Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today an ...