Check Point Software Technologies Ltd. (CHKP) ended 2023 on a strong note by reporting overwhelming fourth-quarter results, wherein revenues and earnings both surpassed the respective Zacks Consensus Estimates and marked a significant year-over-year improvement.The IT security solutions provider reported non-GAAP earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.46. The bottom line increased 5% from the year-ago quarter’s earnings of $2.45 per share and came ahead of its previously pro ...

Check Point Software Technologies Ltd. (NASDAQ:CHKP) Q4 2023 Results Conference Call February 6, 2024 8:30 AM ET Company Participants Kip Meintzer - Head, IR Gil Shwed - Chief Executive Officer and Founder Roei Golan - Chief Financial Officer Conference Call Participants Adam Tindle - Raymond James Patrick Colville - ScotiaBank Joseph Gallo - Jefferies Jared Pomerantz - Susquehanna International Group Tal Liani - BofA Merrill Lynch Shaul Eyal - TD Cowen Kip Meintzer [Call Starts Abruptly] …Fourth Quarter an ...

For the quarter ended December 2023, Check Point Software (CHKP) reported revenue of $663.5 million, up 3.9% over the same period last year. EPS came in at $2.57, compared to $2.45 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $660.3 million, representing a surprise of +0.48%. The company delivered an EPS surprise of +4.47%, with the consensus EPS estimate being $2.46.While investors scrutinize revenue and earnings changes year-over-year and how they compare with W ...

Check Point Software (CHKP) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.46 per share. This compares to earnings of $2.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.47%. A quarter ago, it was expected that this data security company would post earnings of $2.02 per share when it actually produced earnings of $2.07, delivering a surprise of 2.48%.Over the last four quart ...

SAN CARLOS, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), today announced its financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023         Total Revenues: $664 million, a 4 percent increase year over yearSecurity Subscriptions Revenues: $266 million, a 15 percent increase year over yearDeferred Revenues: $1,908 million, a 2 percent increase year over yearGAAP Operating Income: $252 million, representing 38 perc ...

SAN CARLOS, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ:CHKP), a leading AI-powered, cloud-delivered cyber security platform provider, revealed today that its Check Point Infinity Platform has achieved an outstanding 99.8% block rate on Zero+1 day Malware, and a 100% phishing prevention score in Miercom's Next Generation Firewall (NGFW) Security Benchmark 2024 report. By comparison, the average new malware block rate for the other four security vendors was 69.2%. ...

Wall Street analysts forecast that Check Point Software (CHKP) will report quarterly earnings of $2.46 per share in its upcoming release, pointing to a year-over-year increase of 0.4%. It is anticipated that revenues will amount to $660.3 million, exhibiting an increase of 3.4% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this peri ...

BANGKOK, Thailand, Jan. 31, 2024 (GLOBE NEWSWIRE) -- CPX APAC – Check Point® Software Technologies Ltd. (NASDAQ:CHKP), a leading AI-powered, cloud-delivered cyber security platform provider, announces the launch of Check Point Quantum Spark 1900 and 2000, the latest additions to its next-generation firewall series for small and medium business (SMBs). These advanced security gateways are specifically engineered to protect SMBs from ever-evolving cyber threats. The new Quantum Spark security gateways offer h ...

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BANGKOK, Thailand, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ:CHKP), a leading AI-powered, cloud-delivered cyber security platform provider, today announced the launch of the first-generation Infinity AI Copilot. Leveraging the convergence of AI and cloud technologies, Infinity AI Copilot addresses the growing global shortage of cyber security practitioners by boosting the efficiency and effectiveness of security teams. "With Infinity AI Copilot, we are ushering in a ne ...