Recap: Check Point Software Q3 Earnings

Shares of Check Point Software CHKP were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share increased 13.89% year over year to $1.64, which beat the estimate of $1.53.

Revenue of $509,000,000 up by 3.69% year over year, which beat the estimate of $504,060,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Oct 22, 2020

Time: 08:30 AM

ET Webcast URL: https://checkpoint.zoom.us/webinar/register/WN_mOWA4pxwSwS8VFgXF0fGww

Recent Stock Performance

Company's 52-week high was at $130.98

Company's 52-week low was at $80.06

Price action over last quarter: Up 0.21%

Company Description

Check Point Software Technologies is a pure-play cybersecurity vendor. The company offers solutions for network, endpoint, cloud, and mobile security in addition to security management. Check Point, a software specialist, sells to enterprises, businesses, and consumers. At the end of 2017, 47% of its revenue was from the Americas, 36% from Europe, and 17% from Asia-Pacific, Middle East, and Africa. The firm, based in Tel Aviv, Israel, was founded in 1993 and has about 5,000 employees.