Radware (RDWR) Accumulated Expenses (2009 - 2015)

As of Dec 31, 2014, Radware reported Accumulated Expenses of $66.01 million, up 14.0% from the prior year.

• Annual Accumulated Expenses has increased for three straight years, with a five-year compound annual growth rate of 14.8% (years ended Dec 2009 to Dec 2014).
• Across earlier years, Accumulated Expenses came in at $57.91 million in the year ended Dec 31, 2013 (+593.2%), $8.35 million in the year ended Dec 31, 2012 (+19.6%), $6.98 million in the year ended Dec 31, 2011 (-85.2%) and $47.22 million in the year ended Dec 31, 2010 (+42.5%).
• Quarterly Accumulated Expenses has ranged from $6.98 million in the quarter ended Dec 31, 2011 to $70.96 million in the quarter ended Jun 30, 2015 over the past five years.
• On a year-over-year basis, Accumulated Expenses has increased for 15 consecutive quarters, with growth averaging 80.9% over the last eight quarters.
• Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 593.2% in the quarter ended Dec 31, 2013, against a decline of 85.2% in the quarter ended Dec 31, 2011 at the low end.
• Per Business Quant, the preceding three quarters came in at $70.96 million (quarter ended Jun 30, 2015), $69.12 million (quarter ended Mar 31, 2015) and $66.01 million (quarter ended Dec 31, 2014).