Check Point Software Technologies Reports 2019 Third Quarter financial Results
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Checkpoint Software (CHKP) PT Lowered to $109 at Mizuho Securities
October 28, 2019 12:22 PM EDTMizuho Securities analyst Gregg Moskowitz lowered the price target on Checkpoint Software (NASDAQ: CHKP) to $109.00 (from $110.00) while maintaining a Neutral rating.
The analyst commented, "Consistent with our mixed checks, CHKP's 3Q billings fell by 3% Y/Y, missing our target that called for 1% growth,... More
Check Point Software Technology (CHKP) Tops Q3 EPS by 4c
October 28, 2019 6:05 AM EDTCheck Point Software Technology (NASDAQ: CHKP) reported Q3 EPS of $1.44, $0.04 better than the analyst estimate of $1.40. Revenue for the quarter came in at $491 million versus the consensus estimate of $490.75 million.
Financial Highlights for the Third Quarter of 2019:
Total Revenue: $491 million compared to $471 million in the third quarter of 2018, a 4 percent increase year over year.GAAP Operating Income: $214 million compared to $226 million in the third quarter of 2018, representing 44 percent and 48 percent of revenues in the third quarter of 2019 and 2018,... More