Oppenheimer Remains Bullish on Check Point Software Technology (CHKP) Following 1Q Report

Check Point Software Technologies Reports 2016 First Quarter Financial Results

April 20, 2016 5:00 AM EDT

SAN CARLOS, CA -- (Marketwired) -- 04/20/16 -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), the largest global pure-play network cybersecurity vendor, today announced its financial results for the first quarter ended March 31, 2016.

First Quarter 2016:

Total Revenue: $404 million, representing a 9 percent increase year over year Non-GAAP Operating Income: $224 million, representing 55 percent of revenues Non-GAAP EPS: $1.06, representing an 11 percent increase year over year Deferred Revenues: $883 million, representing a 14 percent increase year over year

"Revenues grew nine percent while... More

Check Point Delivers New Advanced Threat Prevention Platforms to Customers of All Sizes

April 19, 2016 12:00 AM EDT

NICE, FRANCE and SAN CARLOS, CA -- (Marketwired) -- 04/19/16 -- At the company's annual customer event, the Check Point Customer Experience (CPX), Check Point Software Technologies Ltd. (NASDAQ: CHKP) today announced the release of the Check Point 1400, 3000 and 5000 Series appliances. These new threat prevention optimized appliances give organizations of any size, from small businesses to large-scale deployments, the power to run advanced threat prevention capabilities such as full inspection of encrypted data, without compromising performance.

In 2015, organizations globally saw a 38 percent increase in security incidents compared to 2014, and data theft incidents rose... More

Check Point Hosts Annual Gathering of Cyber Security Leaders at Check Point Experience (CPX) in Nice and Chicago

April 19, 2016 12:00 AM EDT

NICE, FRANCE and SAN CARLOS, CA -- (Marketwired) -- 04/19/16 -- Check Point Software Technologies (NASDAQ: CHKP) today kicked-off its annual customer event series, the Check Point Experience (CPX). The three-day event is dedicated to addressing today's most pressing cyber security challenges and helping customers of all sizes develop strategies to stay one step ahead of increasingly sophisticated hackers and malware.

CPX 2016 will host attendees in Nice, France, April 18-20, and in Chicago, May 16-18. The events will feature more than 200 unique breakout sessions from Check Point and its community of partners... More

Threat of Mobile Malware Continues to Grow as 'HummingBad' Attacks Move Up Check Point Research Rankings

April 19, 2016 12:00 AM EDT

NICE, FRANCE and SAN CARLOS, CA -- (Marketwired) -- 04/19/16 -- At the company's annual customer event, the Check Point Customer Experience (CPX), Check Point Software Technologies Ltd. (NASDAQ: CHKP) today announced the most prevalent malware families being used to attack organizations' networks and mobile devices globally in March 2016.

Following its entry into the top ten for the time in February 2016, mobile agent HummingBad was the sixth most common type of malware... More