Check Point Software Technology (NASDAQ: CHKP) reported Q4 EPS of $1.58, $0.08 better than the analyst estimate of $1.50. Revenue for the quarter came in at $506 million versus the consensus estimate of $508.59 million.

Financial Highlights for the Fourth Quarter of 2017:

• Total Revenue: $506 million compared to $487 million in the fourth quarter of 2016, a 4 percent increase year over year.
• Security Subscriptions Revenues: $130 million compared to $110 million in the fourth quarter of 2016, an 18 percent increase year over year.
• GAAP Operating Income: $267 million compared to $241 million in the fourth quarter of 2016, representing 53 percent and 50 percent of revenues in 2017 and 2016, respectively.
• Non-GAAP Operating Income: $292 million compared to $266 million in the fourth quarter of 2016, representing 58 percent and 55 percent of revenues in 2017 and 2016, respectively.
• GAAP Taxes on Income: $40 million compared to $30 million in the fourth quarter of 2016.
• GAAP Net Income and Earnings per Diluted Share: GAAP net income was $239 million compared to $222 million in the fourth quarter of 2016. GAAP earnings per diluted share were $1.46 compared to $1.31 in the fourth quarter of 2016, an 11 percent increase year over year.
• Non-GAAP Net Income and Earnings per Diluted Share: Non-GAAP net income was $259 million compared to $247 million in the fourth quarter of 2016. Non-GAAP earnings per diluted share were $1.58 compared to $1.46 in the fourth quarter of 2016, an 8 percent increase year over year.
• Deferred Revenues: As of December 31, 2017, deferred revenues were $1,187 million compared to $1,066 million as of December 31, 2016, an 11 percent increase year over year.
• Cash Flow: Cash flow from operations of $248 million compared to $183 million in the fourth quarter of 2016.
• Share Repurchase Program: During the fourth quarter of 2017, the company repurchased approximately 2.4 million shares at a total cost of approximately $250 million.
• Cash Balances, Marketable Securities and Short Term Deposits: $3,848 million as of December 31, 2017, compared to $3,669 million as of December 31, 2016.

For earnings history and earnings-related data on Check Point Software Technology (CHKP) click here.