FBR Capital Sees Check Point Software Technology's (CHKP) Secular Strength Continue into 4Q; Maintains Outperform
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Go back to FBR Capital Sees Check Point Software Technology's (CHKP) Secular Strength Continue into 4Q; Maintains Outperform
October 26, 2015 10:30 AM EDT
By Tova Cohen
TEL AVIV (Reuters) - Network security provider Check Point Software Technologies Ltd raised its full-year profit forecast on Monday, reflecting strong demand for its advanced threat prevention and mobile security technologies.
Israel-based Check Point, one of the world's leading providers of corporate security software, reported third-quarter earnings that beat expectations and said it saw strong growth opportunities in mobile phones.
The company has expanded this year through the acquisition of cyber security start-up Hyperwise and Lacoon Mobile Security, while bolstering its presence in critical... More
October 26, 2015 6:53 AM EDT
Check Point Software Technology (NASDAQ: CHKP) reported Q3 EPS of $1.04, $0.06 better than the analyst estimate of $0.98. Revenue for the quarter came in at $404 million versus the consensus estimate of $402.96 million.
For earnings history and earnings-related data on Check Point Software Technology (CHKP) click here.
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