Check Point Software Technologies Reports 2020 First Quarter Financial Results
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April 28, 2020 6:48 AM EDT
Mizuho Securities analyst Gregg Moskowitz reiterated a Neutral rating and $107.00 price target on Checkpoint Software (NASDAQ: CHKP) following the company's 1Q earnings report. CHKP reported roughly flat billings growth in 1Q, better than the revised target that called for a 3% Y/Y decline,... More
April 27, 2020 5:45 AM EDT
Check Point Software Technology (NASDAQ: CHKP) reported Q1 EPS of $1.42, $0.04 better than the analyst estimate of $1.38. Revenue for the quarter came in at $486 million versus the consensus estimate of $480.35 million.
First Quarter 2020:
Total Revenues: $486 million, a 3 percent increase year over yearDeferred Revenues: $1,349 million, a 3 percent increase year over yearGAAP Operating Income: $201 million, representing 41 percent of revenuesNon-GAAP Operating Income: $231 million, representing 48 percent of...
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