Check Point Software Technologies Ltd. (NASDAQ: CHK) reported better than expected results for the third quarter.
- Reports 9 percent increase in adjusted EPS to $1.13, beats by $0.05.
- Total revenue grew 6 percent to $427.57 million, tops by $4.78 million.
- Repurchased 3.2 million shares for about $247 million.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Check Point's founder and CEO Gil Shwed commented, "Third quarter financial results were very good with revenues coming in toward the upper end of our projections and earnings per share that exceeded our projections. Customers continue to leverage the Check Point security platform and increase their adoption of our advanced security capabilities which is resulting in higher subscription revenues."
Following this, the stock gained 3.11 percent to $83.50 in the pre-market session.