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Check Point: Q3 Earnings Snapshot

Check Point: Q3 Earnings Snapshot

By AP News
Published - Oct 29, 2024, 06:11 AM ET
Last Updated - Oct 29, 2024, 06:11 AM EDT

TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Check Point Software Technologies Ltd. (CHKP) on Tuesday reported third-quarter net income of $206.9 million.

The Tel Aviv, Israel-based company said it had net income of $1.83 per share. Earnings, adjusted for one-time gains and costs, came to $2.25 per share.

The results matched Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of $2.25 per share.

The data security company posted revenue of $635.1 million in the period, which missed Street forecasts. Twelve analysts surveyed by Zacks expected $635.4 million.

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