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0 0 0 -0.0109767441860464 0.0186046511627907 0.00176744186046523 0.0209302325581395 -0.0203720930232558
Stock impact report

UPDATE 1-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 Check Earnings Report
US:NASDAQ Investor Relations: checkpoint.com/about-us/investor-relations
Company Research Source: Reuters
Check Point profit tops estimates on higher demand for remote network access TEL AVIV (Reuters) - Check Point Software Technologies ( CHKP.O ) reported a forecast-beating rise in quarterly net profit on Monday, 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.” Shwed said one customer, Show less Read more
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