Core Insights - Check Point Software Technologies Ltd. has achieved a 99.9% block rate on Zero+1 day malware and a 99.7% phishing prevention rate, showcasing its leadership in cybersecurity solutions [1][2] - The Infinity Platform has been recognized by Miercom for delivering the highest threat prevention rate among top cybersecurity companies, with a significant year-over-year increase in cyber attacks [2][4] - Miercom's 2025 security report highlights Check Point's exceptional performance across various hybrid firewall use cases, including on-premises, cloud, and Firewall-as-a-Service [3][4] Company Performance - Check Point's Infinity Platform has the best record in vulnerability to being hacked, with only one Known Exploited Vulnerability (KEV) compared to competitors with 11, 16, and 21 KEVs [2] - The platform's performance in preventing malware downloads is significantly higher than other vendors, with a 99.9% prevention rate compared to competitors ranging from 62.7% to 90.9% [6] - In phishing prevention, Check Point leads with a rate of 99%, while other vendors range from 55.87% to 98.69% [6] Industry Context - The cybersecurity industry is experiencing a 44% increase in cyber attacks year-over-year, emphasizing the need for effective threat detection and prevention [2] - Miercom's benchmarks included a comprehensive assessment of various malicious file types and security engines, demonstrating the rigorous testing standards in the industry [5] - The report indicates a growing trend towards hybrid mesh firewall platforms, reflecting the evolving landscape of cybersecurity solutions [3]

VIENNA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ:CHKP), a pioneer and global leader of cyber security solutions, today revealed that the Infinity Platform has achieved an outstanding 99.9% block rate on Zero+1 day malware, a 99.7% phishing prevention rate, the highest security efficacy for Security Services Edge use cases, and an impressive 98% block rate on high and critical network intrusion exploits – as reflected in Miercom's 2025 security benchmark report. "Yet a ...

Core Insights - Check Point Software Technologies Ltd. has announced new capabilities for its Infinity Platform aimed at enhancing zero trust, improving threat prevention, reducing complexity, and simplifying security operations [1][2] Group 1: Cybersecurity Landscape - The digital world is increasingly hyperconnected, with new cyber threats emerging daily, leading to a 44% year-over-year increase in cyber-attacks, which places significant pressure on security teams [2][3] - Many organizations currently utilize a siloed security approach, resulting in operational challenges, fragmented policies, and security gaps [2][3] Group 2: New Innovations - Check Point introduced six new AI-powered innovations to enhance operations and threat prevention, focusing on unified identity and policy, collaborative threat prevention, and operational simplicity [3][6] - Unified Identity & Policy allows for more effective security policies through AI and identity awareness, ensuring only authorized users access critical resources [4] - Collaborative Threat Prevention utilizes AI to identify and block threats in real-time, reducing human error and speeding up remediation [5] - Operational Simplicity leverages AI insights to streamline operations, improving zero trust and reducing infrastructure downtime [6] Group 3: Specific Features - Quantum Policy Insights analyzes existing policies, recommends changes to improve security posture, and ensures alignment with corporate security guidelines [7] - Infinity Identity manages centralized identity across the Infinity Platform and integrates with third-party identity providers [7] - Infinity Playblocks provides security automation and orchestration, extending the reach of siloed security solutions [7] - Infinity AIOps proactively monitors gateways to predict and mitigate failures, while Infinity AI Copilot offers a chat-based GenAI assistant for security administration [10] Group 4: Company Overview - Check Point is a leading AI-powered, cloud-delivered cybersecurity platform provider, protecting over 100,000 organizations globally [8] - The Infinity Platform enhances cybersecurity efficiency and accuracy, featuring technologies like Check Point Harmony, CloudGuard, and Quantum [8]

2024 Fourth Quarter & Full Year Financial Results January 30th, 2025 Gil Shwed Founder & Exec Chair Nadav Zafrir CEO Roei Golan CFO Kip E. Meintzer Global Head of IR ©2025 Check Point Software Technologies Ltd. 1 Forward Looking Statement This presentation may contain certain forward-looking statements. These forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this report include, but are not limited to: Our expectation ...

Core Insights - Check Point Software Technologies Ltd. (CHKP) shares rose 7.4% following the release of better-than-expected fourth-quarter 2024 results, with non-GAAP earnings of $2.70 per share, surpassing the Zacks Consensus Estimate of $2.66 and meeting the upper end of management's guidance [1][8] Financial Performance - Fourth-quarter revenues reached $703.7 million, exceeding the consensus estimate of $698.2 million and above the guided range of $675-$715 million, marking a 6% year-over-year increase driven by an 8% rise in the Quantum Force appliance business and strong growth in Harmony Email and Infinity Platform revenues [3][4] - Security subscription revenues were $292.2 million, up 9.9% year-over-year, while products and licenses revenues increased 7.8% to $170.6 million, both surpassing Zacks Consensus Estimates [4] - Non-GAAP gross profit rose 6% year-over-year to $623 million, maintaining a gross margin of 89% [6] - Non-GAAP operating income for Q4 2024 was $306 million, down from $309 million in the previous year, with a non-GAAP operating margin of 43.5%, reflecting a contraction of 300 basis points due to increased operating expenses [7] Annual Performance - For the full year 2024, Check Point reported non-GAAP earnings of $9.16 per share, exceeding the Zacks Consensus Estimate of $9.11 and reflecting a 9% increase from the previous year's earnings of $8.42 per share [8] - Full-year revenues totaled $2.57 billion, surpassing the consensus mark of $2.56 billion and the guided range of $2.475-$2.625 billion, also representing a 6% year-over-year increase [9] Cash Flow and Balance Sheet - The company generated $249 million in cash from operational activities in Q4 and $1.06 billion for the full year, with stock repurchases amounting to $325 million in the quarter and $1.3 billion for the year [11] - As of December 31, 2024, deferred revenues stood at $2 billion, reflecting a 5% year-over-year increase [5] Guidance - For Q1 2025, Check Point projects revenues between $619 million and $649 million, with non-GAAP EPS expected in the range of $2.13-$2.23, while for the full year 2025, revenues are anticipated to be between $2.66 billion and $2.76 billion, with non-GAAP EPS projected at $9.60-$10.20 [12][13]

Core Insights - Check Point Software (CHKP) reported revenue of $703.7 million for Q4 2024, marking a year-over-year increase of 6.1% and exceeding the Zacks Consensus Estimate of $698.21 million by 0.79% [1] - The company's EPS for the same period was $2.70, up from $2.57 a year ago, also surpassing the consensus EPS estimate of $2.66 by 1.50% [1] Revenue Breakdown - Total revenues from products and security subscriptions reached $462.80 million, exceeding the average estimate of $454.82 million by analysts, reflecting a year-over-year increase of 9.1% [4] - Revenues from software updates and maintenance were $240.90 million, slightly below the estimated $242.63 million, with a year-over-year change of 0.6% [4] - Revenues from products and licenses amounted to $170.60 million, surpassing the average estimate of $161.62 million, representing a year-over-year increase of 7.8% [4] - Revenues from security subscriptions totaled $292.20 million, slightly below the estimated $293.23 million, with a year-over-year increase of 9.9% [4] Stock Performance - Check Point's shares have returned +9.2% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

分组1 - Check Point Software reported quarterly earnings of $2.70 per share, exceeding the Zacks Consensus Estimate of $2.66 per share, and up from $2.57 per share a year ago, representing an earnings surprise of 1.50% [1] - The company posted revenues of $703.7 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.79%, and an increase from $663.5 million year-over-year [2] - Check Point has surpassed consensus EPS estimates three times over the last four quarters, and has also topped consensus revenue estimates three times in the same period [2] 分组2 - The stock has gained approximately 9.2% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3] - The current consensus EPS estimate for the upcoming quarter is $2.23 on revenues of $632.08 million, and for the current fiscal year, it is $9.90 on revenues of $2.7 billion [7] - The Computers - IT Services industry, to which Check Point belongs, is currently in the top 30% of Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

TEL AVIV, Israel, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), today announced its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Highlights Calculated Billings* reached $959 million, an 11 percent increase year over yearRemaining Performance Obligation (RPO)**: $2.5 billion, a 12 percent increase year over yearTotal Revenues: $704 million, a 6 percent increase year over yearProduct, License & Subscription Reven ...

Highlights from the 13th annual report with data from 170 countries, include an analysis on evolving cyber wars, the pervasiveness of ransomware and recommendations for CISOsREDWOOD CITY, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today released its annual report, The State of Global Cyber Security 2025. With an alarming 44% increase in global cyber-attacks year-over-year, the report unveils new cy ...

REDWOOD CITY, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) --  Check Point Software Technologies Ltd. (NASDAQ:CHKP), a pioneer and global leader of cyber security solutions, today released its annual report, The State of Global Cyber Security 2025. With an alarming 44% increase in global cyber-attacks year-over-year, the report unveils new cyber trends, emerging threat actor tactics, and actionable CISO guidance for navigating this changing landscape unscathed. "Cyber security in 2025 is not only about protecting ...