Check Point profit tops estimates on higher demand for remote network access [Reuters]
Check Point Software Technologies Ltd. - Ordinary Shares (CHKP)
Last check point software technologies ltd. - ordinary shares earnings: 4/27 05:00 am
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Source: Reuters
Check Point profit tops estimates on higher demand for remote network access TEL AVIV (Reuters) - Check Point Software Technologies ( CHKP.O ) reported higher quarterly net profit that beat expectations, boosted by higher demand for network security as more people work remotely during the coronavirus outbreak. Israel-based Check Point said on Monday it earned $1.42 per diluted share excluding one-time items in the first quarter, up from $1.32 a year earlier. Revenue grew 3% to $486 million. It was forecast to earn $1.38 a share on revenue of $480.4 million, according to I/B/E/S data from Refinitiv. “Despite the COVID-19 pandemic, we sustained elevated business activity levels and delivered results in the upper half of our guidance with strength coming from the Americas,” Chief Executive Gil Shwed said. “We saw an increased demand for network security gateways in order to support higher capacities and expand the use of our remote access VPN solutions.” Check Point said it bought back
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CHKP
News
- Check Point Software Unveils Quantum Firewall Software R82.10 to Secure the AI-Driven EnterpriseGlobeNewswire
- Check Point Software Announces Pricing of Upsized Private Offering of $1.75 Billion of 0.00% Convertible Senior Notes due 2030GlobeNewswire
- Check Point Software Technologies Named a Leader in Gartner Magic Quadrant for Email SecurityGlobeNewswire
- Check Point Software Announces Proposed Private Offering of $1.5 Billion of 0.00% Convertible Senior Notes due 2030GlobeNewswire
- The AI Transformation Has Arrived. Now Comes the Hard Part: Securing ItGlobeNewswire
CHKP
Earnings
- 10/28/25 - Beat
CHKP
Sec Filings
- 12/4/25 - Form 6-K
- 12/2/25 - Form 6-K
- 11/14/25 - Form SCHEDULE
- CHKP's page on the SEC website