Checkpoint Software (CHKP) PT, Estimates Trimmed at Needham & Company; 'Buy' Maintained

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Check Point Software Technologies Reports 2016 Second Quarter Financial Results

July 26, 2016 5:00 AM EDT

SAN CARLOS, CA -- (Marketwired) -- 07/26/16 -- Check Point Software Technologies Ltd. (NASDAQ: CHKP) today announced its financial results for the second quarter ended June 30, 2016.

Second Quarter 2016:

Total Revenue: $423 million, representing a 7 percent increase year over year GAAP Operating Income: $202 million, representing 48 percent of revenue Non-GAAP Operating Income: $227 million, representing 54 percent of revenue GAAP EPS: $0.95, representing an 8 percent increase year over year Non-GAAP EPS: $1.09, representing a 10 percent increase year over year Deferred Revenues: $892 million, representing a... More