Check Point Software Technology (CHKP) Tops Q4 EPS by 21c
Check Point Software Technology (NASDAQ: CHKP) reported Q4 EPS of $1.46, $0.21 better than the analyst estimate of $1.25. Revenue for the quarter came in at $487 million versus the consensus estimate of $477.82 million.
"We had a great finish to 2016 with healthy business growth in all geographies and a nice increase in new customer wins. We realized triple digit growth across our focus areas of mobile and advanced threat prevention, while security gateways delivered double digit growth," said Gil Shwed, founder and chief executive officer, "It's great to see the business investments made over the past few years coming to fruition and underscoring a strong quarter."
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