Check Point Software Technologies Reports 2019 Second Quarter Financial Results

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Go back to Check Point Software Technologies Reports 2019 Second Quarter Financial Results

Check Point Software Technology (CHKP) Tops Q2 EPS by 1c

July 24, 2019 5:48 AM EDT

Check Point Software Technology (NASDAQ: CHKP) reported Q2 EPS of $1.38, $0.01 better than the analyst estimate of $1.37. Revenue for the quarter came in at $488 million versus the consensus estimate of $487.55 million.

Second Quarter 2019:

Total Revenue: $488 million, a 4 percent increase year over yearDeferred Revenues: $1,286 million, an 11 percent increase year over yearGAAP Operating Income: $213 million, representing 44 percent of revenuesNon-GAAP Operating Income: $242 million, representing 50 percent of revenuesGAAP EPS: $1.21, Non-GAAP EPS: $1.38

Second quarter results were driven by 13 percent growth in our security subscriptions revenues, which included our advanced... More