Check Point Software Technologies Reports 2018 Fourth Quarter and Full Year Financial Results

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Go back to Check Point Software Technologies Reports 2018 Fourth Quarter and Full Year Financial Results

Check Point Software Technology (CHKP) Tops Q4 EPS by 5c, Revenues Beat

January 30, 2019 5:43 AM EST

Check Point Software Technology (NASDAQ: CHKP) reported Q4 EPS of $1.68, $0.05 better than the analyst estimate of $1.63. Revenue for the quarter came in at $526 million versus the consensus estimate of $517 million.

We finished the year with record results. Our revenues were toward the top of our projections and non-GAAP EPS exceeded. Our Security Subscriptions Business continued to increase, driven by cloud, mobile and zero-day advanced threat prevention technologies. We expanded our cloud security offering with the delivery of CloudGuard SaaS solution, and the acquisition of Dome9 and ForceNock, said Gil Shwed, Founder and CEO... More