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Stock impact report

Cyber startup Cato Networks tops revenue milestone as CEO says AI is helping business [CNBC]

Check Point Software Technologies Ltd. - Ordinary Shares (CHKP) 
Last check point software technologies ltd. - ordinary shares earnings: 4/27 05:00 am Check Earnings Report
US:NASDAQ Investor Relations: checkpoint.com/about-us/investor-relations
Company Research Source: CNBC
CEO Shlomo Kramer said Cato is benefiting from the AI transformation and has an “aggressive plan” to gain market share. Cybersecurity companies are incorporating AI to automate tasks and enhance security protection features, but are facing some disruption worries from new tools. Shlomo Kramer, chief executive officer of Cato Networks Ltd., at the Bloomberg Tech Summit in London, UK, on Tuesday, Oct. 22, 2024. Hollie Adams | Bloomberg | Getty Images Cato Networks surpassed $350 million in annual recurring revenue in 2025 as more businesses adopted its tools in the age of artificial intelligence , the cybersecurity startup announced Tuesday. CEO Shlomo Kramer told CNBC in an interview that the cloud-based network security provider is benefiting from the AI transformation and has an “aggressive plan” to gain market share in 2026. “We are gaining some scale and becoming a more significant player in [the networking security] market,” said Kramer, who co-founded Israeli cyberse Show less Read more
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