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Check Point fourth quarter revenue misses expectations, sees in-line 2018 [Reuters]

CHECK POINT SOFTWARE (CHKP)  More Company Research Source: Reuters
Last check point software earnings: 4/25 02:40 am Check Earnings Report
US:NASDAQ Investor Relations: checkpoint.com/about-us/investor-relations
PDF Check Point fourth quarter revenue misses expectations, sees in-line 2018 | Reuters 3 Min Read TEL AVIV (Reuters) - Network security provider Check Point Software Technologies ( CHKP.O ) blamed a reorganization of its salesforce in the United States after quarterly revenue fell just short of estimates. Check Point earned $1.58 per diluted share excluding one-time items in the fourth quarter, up from $1.46 a year earlier. Revenue grew 4 percent to $506 million, Israel’s largest technology company said on Wednesday. It was forecast to earn $1.50 a share on revenue of $508.6 million, according to Thomson Reuters I/B/E/S. Check Point’s shares were down 2 percent at $102.27 in early Nasdaq trading. The United States is Check Point’s biggest market, accounting for 40 percent of revenue. “We made a lot of changes in our sales organization in the U.S. and U.S. results are not where we want them to be,” Chief Executive Officer Gil Shwed told a news conference. “We have more work to do and it [Read more]

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