Check Point Software Technologies Reports 2020 Second Quarter Financial Results

Go back to Check Point Software Technologies Reports 2020 Second Quarter Financial Results

Checkpoint Software (CHKP) PT Raised to $135 at Oppenheimer

July 22, 2020 1:28 PM EDT

Oppenheimer analyst Shaul Eyal raised the price target on Checkpoint Software (NASDAQ: CHKP) to $135.00 (from $126.00) while maintaining an Outperform rating following results.

The analyst commented, "CHKP reported a better than expected 2Q20, consistent with our quarter-end checks as the company successfully... More

Check Point Software Technology (CHKP) Tops Q2 EPS by 14c, Revenues Beat

July 22, 2020 5:43 AM EDT

Check Point Software Technology (NASDAQ: CHKP) reported Q2 EPS of $1.58, $0.14 better than the analyst estimate of $1.44. Revenue for the quarter came in at $506 million versus the consensus estimate of $488.04 million.

Second Quarter 2020:

Total Revenue: $506 million, a 4 percent increase year over yearDeferred Revenues: $1,338 million, a 4 percent increase year over yearGAAP Operating Income:... More