Check Point Software Technologies

Check Point Software Technologies Ltd. is an Israeli multinational provider of software and combined hardware and software products for IT security, including network security, endpoint security, mobile security, data security and security management.

ZoneAlarm is an internet security software company that provides consumer antivirus and firewall products. ZoneAlarm was developed by Zone Labs, which was acquired in March 2004 by Check Point. ZoneAlarm's firewall security products include an inbound intrusion detection system, as well as the ability to control which programs can create outbound connections. In August 2015, ZoneAlarm introduced a 100% virus-free guarantee with its Extreme Security product

ZoneAlarm

Check Point Software Technologies Ltd. is engaged in the development and marketing of software and hardware solutions for information technology security. Its products include Quantum, CloudGuard, Harmony, and Infinity-Vision. The company was founded by Gil Shwed, Marius Nacht, and Shlomo Kramer in July 1993 and is headquartered in Tel Aviv, Israel.

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Check Point Software excels in Q4, eyes growth amid challenges

Check Point Software delivered a strong Q4 performance, exceeding revenue and EPS projections, driven by subscription revenues and a focus on comprehensive security solutions.
Despite challenges like postponed projects and economic uncertainties, the company maintains financial stability, strong cash reserves, and a strategic growth trajectory.
Opportunities lie in SaaS security solutions, potential SD-WAN acquisitions, margin improvements, and workforce investments, positioning Check Point for continued success and market expansion.
Strategic focus on customer engagement, product innovation, and cost management will be crucial for navigating challenges and leveraging growth opportunities in 2023.

Check Point Software Technologies reports solid Q1 performance and eyes growth opportunities through new initiatives and M&A

Check Point Software Technologies delivered a solid performance in Q1 2023, showcasing growth in recurring revenues and security subscriptions. While facing challenges like product revenue declines and market uncertainties, the company is optimistic about growth opportunities through new initiatives and potential M&A activity.

Check Point Software reports strong Q2 earnings and growth outlook

Check Point Software delivered a robust performance in Q2 2023, exceeding revenue projections and showcasing strong financial metrics and strategic initiatives.
Despite facing challenges such as project delays and evolving customer trends, the company's focus on innovation, customer engagement, and strategic investments positions it well for future growth.
With a solid financial foundation, a clear growth strategy, and a positive outlook for revenue acceleration, Check Point is poised to navigate challenges and capitalize on opportunities for sustained success.

Check Point Software reports robust Q3 earnings and growth outlook

Check Point Software had a strong Q3 performance with growth in key areas.
While facing challenges in product revenues and growth rates, the company is optimistic about opportunities.
Strategic acquisitions and focus on customer engagement position Check Point for future growth.
Maintaining financial targets and leveraging investments are key priorities for sustained success.

Check Point Software posts robust Q4 results, eyes growth in cybersecurity

Check Point Software delivers strong financial results for Q4 2023 and full-year 2023, driven by subscription revenue growth and demand for the Infinity platform.
Transition of Gil Shwed to Executive Chairman role signals strategic focus on future innovation and leadership continuity.
Challenges include managing operating expenses amidst investments and ensuring a smooth CEO succession process.
Opportunities lie in projected revenue growth for 2024, leveraging financial strength for recurring revenue, and expanding customer base globally.

Check Point Software Technologies reports strong Q1 results and eyes growth opportunities in cybersecurity market

Check Point Software Technologies reported strong Q1 2024 results, driven by revenue growth, increased net income, and a focus on customer loyalty. The company faces challenges from competitive pressures and investment impacts but is well-positioned with a healthy cash position and strategic growth initiatives.
Opportunities lie in driving customer adoption of new products, exploring mergers and acquisitions, and leveraging technology partnerships for market expansion. Check Point's emphasis on innovation, quality, and market relevance positions it for continued success in the cybersecurity industry.
Balanced revenue distribution across regions, a focus on providing top-tier security solutions, and investments in new business models and capabilities showcase Check Point's commitment to sustainable growth and market leadership.

Check Point Software reports solid Q2 results amidst strategic investments

Check Point Software Technologies delivered a strong Q2 performance with revenue and EPS growth. The company faces challenges from rising operating expenses and competitive pressures. However, opportunities lie in AI cybersecurity innovations and strategic investments for future growth.

Check Point Software Technologies exceeds Q3 projections, eyes sustained growth

Check Point Software had a robust quarter with revenue and EPS exceeding expectations.
Despite challenges like increased expenses and delayed deals, the company remains well-positioned.
Opportunities lie in sustained growth, product revenue outlook, and the impact of recent acquisitions.

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REDWOOD CITY, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP) today announced that shareholders approved all seven proposals presented at the 2024 Annual General Meeting. Approximately 87.6 million shares, representing approximately 79.6% of the shares outstanding as of the record date, were voted at the meeting. Check Point would like to thank shareholders for the support and confidence they have in the company and its employees.

Check Point Software Technologies Ltd. Shareholders Approve All 2024 Annual General Meeting Proposals

Check Point (CHKP) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -9.05% in 4 Weeks, Here's Why You Should You Buy the Dip in Check Point (CHKP)

B of A Securities analyst Tal Liani downgraded Check Point Software Technologies Ltd CHKP from Buy to Neutral and lowered the price target from $205 to $195.

Check Point's Slowing Growth Despite New Products Prompts Analyst Downgrade

CHKP's third-quarter 2024 results reflect benefits from the strong demand for the Infinity platform.

Check Point Software Q3 Earnings Match Estimates, Revenues Miss

I maintain a buy rating on Check Point Software (CHKP) due to strong product revenue growth and healthy demand. CHKP's 3Q24 results showed 6.5% y/y revenue growth, aligning with expectations, driven by solid performance in products, subscriptions, and maintenance. The billings miss is attributed to deal slippages, not demand deterioration.

Check Point Software: Miss In Billings Growth Is Not A Big Concern

Could Check Point be undervalued today? Here's how the cybersecurity expert hit every third-quarter target and still suffered a share price correction.

High Hopes Dashed: Why Check Point Stock Fell Today

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Check Point Software Technologies Ltd. (NASDAQ:CHKP ) Q3 2024 Earnings Conference Call October 29, 2024 8:30 AM ET Company Participants Kip Meintzer – Head-Global Investor Relations Roei Golan – Chief Financial Officer Gil Shwed – Founder and Chief Executive Officer Conference Call Participants Shaul Eyal – TD Cowen Adam Tindle – Raymond James Tal Liani – BofA Merrill Lynch Joseph Gallo – Jefferies Brad Zelnick – Deutsche Bank Rob Owens – Piper Sandler Roger Boyd – UBS Investment Bank Hamza Fodderwala – Morgan Stanley Shyam Patil – Susquehanna Financial Group Gabriela Borges – Goldman Sachs Saket Kalia – Barclays Joel P.

Check Point Software Technologies Ltd. (CHKP) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Check Point (CHKP) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Check Point (CHKP) Reports Q3 Earnings: What Key Metrics Have to Say

Check Point Software (CHKP) came out with quarterly earnings of $2.25 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $2.07 per share a year ago.

Check Point Software (CHKP) Q3 Earnings Meet Estimates

REDWOOD CITY, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the third quarter ended September 30, 2024.

Check Point Software Reports 2024 Third Quarter Financial Results

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The Zacks Computers - IT Services Industry participants like Vertiv (VRT), Check Point Software (CHKP) and CyberArk Software (CYBR) are benefiting from ongoing digitization, strong demand for hybrid working solutions and improving IT spending.

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We have narrowed our search to three large-cap stocks set to report earnings results tomorrow. These are: NVS, RDDT, CHKP.

Buy 3 Stocks Likely to Gain on Potential Q3 Earnings Beat

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Cybersecurity stocks rank No. 105 out of 197 IBD industry groups.

Cybersecurity Stocks To Watch As Earnings Kick In: CHKP, Fortinet, Palo Alto

Here is how Check Point Software (CHKP) and Cirrus Logic (CRUS) have performed compared to their sector so far this year.

Are Computer and Technology Stocks Lagging Check Point Software Technologies (CHKP) This Year?

Beyond analysts' top -and-bottom-line estimates for Check Point (CHKP), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.

Gear Up for Check Point (CHKP) Q3 Earnings: Wall Street Estimates for Key Metrics

Check Point (CHKP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Check Point (CHKP) Beat Estimates Again in Its Next Earnings Report?

The Forbes World's Best Employers 2024 list highlight's Check Point's strong workplace culture and commitment to ESG The Forbes World's Best Employers 2024 list highlight's Check Point's strong workplace culture and commitment to ESG

Check Point Software Recognized by Forbes for Fifth Consecutive Year as World's Top Notch Cyber Security Employer

Forrester has recognized Check Point as a Leader in Enterprise Firewalls, excelling in collaborative tools, Vision, Innovation, and Threat Intelligence

Check Point Software Named a Leader in Enterprise Firewall Solutions Evaluation, According to Independent Research Firm

This cybersecurity stock has gained impressive momentum in the past three months, and it seems capable of delivering more upside.

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Ushers new era of AI-driven, external risk management solutions for security operations Ushers new era of AI-driven, external risk management solutions for security operations

Check Point Software Completes Cyberint Acquisition

REDWOOD CITY, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced that it will release its financial results for the third quarter ended September 30, 2024, on Tuesday, October 29, 2024, before the U.S. financial markets open. Management will host a video conference call with the investment community at 8:30 AM EDT/5:30 AM PDT on October 29, 2024. A live video webcast of the call will be hosted on the company's website at http://www.checkpoint.com/ir .

Check Point Software to Announce Third Quarter FY2024 Financial Results on October 29, 2024

REDWOOD CITY, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd.

Check Point Software Recognized as a Visionary in Endpoint Security in 2024 Gartner Magic Quadrant for Endpoint Protection Platforms

CHKP shares benefit from acquisitions and expanding public sector clientele. However, stretched valuation is a concern.

News for Check Point Software Technologies Stock (CHKP)