Check Point Software's Products and Licenses Revenue Falls In Q1, Stock Slides
Posted on Thursday April 25, 2024
Check Point Software Technologies Ltd (NASDAQ:CHKP) reported fiscal first-quarter 2024 revenue growth of 6% year-on-year to $598.80 million, beating the consensus of $595.12 million. The American-Israeli enterprise security solution provider's adjusted EPS of $2.04 beat the consensus of $2.01. Revenue from Products and licenses declined 7.1% to $100.3 million, Security subscriptions increased 15.4% year over year to $263.4 million, and Software updates and maintenance grew 2.2% year over year to
Check Point Software Reports 2024 First Quarter Financial Results
Posted on Thursday April 25, 2024
REDWOOD CITY, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the quarter ended March 31st, 2024. First Quarter 2024: Total Revenues: $599 million, a 6 percent increase year over yearSecurity Subscription Revenues: $263 million, a 15 percent increase year over yearGAAP Operating Income: $194 million, representing 32 percent of total revenuesNon-GAAP Operating Income: $252 million, representing 42 percent
Israeli economy has proven to thrive despite crisis: Expert
Posted on Monday April 15, 2024
Over the weekend, Iran launched a direct attack on Israel. Although Israel successfully intercepted the drones and missiles, the potential for an Israeli retaliation remains uncertain. David Blumberg of Blumberg Capital joins Yahoo Finance to discuss the state of the Israeli economy in light of these developments. Blumberg claims that Israelis are "somewhat used to these types of things." Blumberg notes that over the past 25 years, the country has weathered numerous crises, but has achieved consistent growth. He points to Israel's GDP per capita of $54,000, which exceeds that of some of the world's largest economies, as evidence of the economy's ability to "thrive despite and through downturns." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Check Point Software Technologies Transforms Email Security Again: Patented Unified Administration Boosts Efficacy and Improves Productivity
Posted on Thursday April 11, 2024
Innovative One-Screen Email Administration Solution with Advanced Threat Protection Now AvailableREDWOOD CITY, Calif., April 11, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), a leading AI-powered, cloud-delivered cyber security platform provider, today announced new email security features that enhance its Check Point Harmony Email & Collaboration portfolio: Patented unified quarantine, DMARC monitoring, archiving, and Smart Banners. Since 2023, Check Point has
