Checkpoint Software (CHKP) Price Target Raised to $100 at Needham & Company

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Check Point Software Technologies Reports 2015 First Quarter Financial Results

April 20, 2015 5:00 AM EDT

SAN CARLOS, CA -- (Marketwired) -- 04/20/15 -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), the largest pure-play security vendor globally, today announced its financial results for the first quarter ended March 31, 2015.

Total Revenue: $373 million, representing a 9 percent increase year over year Non-GAAP Operating Income: $216 million, representing 58 percent of revenues Non-GAAP EPS: $0.95, representing a 14 percent increase year over year Deferred Revenues: $772 million, representing a 17 percent increase year over year

"We are very pleased with the... More