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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SAN CARLOS, Calif., Sept. 10, 2021 (GLOBE NEWSWIRE) -- We are advised by Check Point Software Technologies Ltd. that journalists and other readers should disregard the news release, "August 2020's Most Wanted Malware: Evolved Qbot Trojan Ranks On Top Malware List For First Time" issued September 10, 2021 over GlobeNewswire.

NOTICE TO DISREGARD -- Check Point Software Technologies Ltd.

Check Point Research reports that the infostealer, Formbook, is the most prevalent malware while the banking trojan, Qbot, has dropped from the list all together Check Point Research reports that the infostealer, Formbook, is the most prevalent malware while the banking trojan, Qbot, has dropped from the list all together

August 2021's Most Wanted Malware: Formbook Climbs into First Place

Check Point researchers find dangerous new Qbot variant is spreading via malspam campaigns to execute credentials theft, ransomware installation and unauthorized banking transactions Check Point researchers find dangerous new Qbot variant is spreading via malspam campaigns to execute credentials theft, ransomware installation and unauthorized banking transactions

August 2020's Most Wanted Malware: Evolved Qbot Trojan Ranks On Top Malware List For First Time

The acquisition of Avanan is likely to strengthen Check Point's (CHKP) cloud offering portfolio and enhance its end-to-end enterprise security solution capabilities.

Check Point (CHKP) Augments Cloud Email Security With Avanan Buyout

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I want to go through my Portfolio Grader system and pinpoint 10 cybersecurity stocks that don't pass muster, but one makes the cut. The post 10 Cybersecurity Stocks to Avoid and 1 to Buy appeared first on InvestorPlace.

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Check Point Software Technologies said on Monday it acquired U.S.-Israeli cyber security company Avanan, which specialises in protecting email, where most cyber attacks begin.

Check Point Software acquires cloud email security company Avanan

With email threat landscape becoming wider every year, the integrated Check Point Software and Avanan offering will deliver best-of-breed cloud e-mail malware protection and expand security to SaaS collaboration suites With email threat landscape becoming wider every year, the integrated Check Point Software and Avanan offering will deliver best-of-breed cloud e-mail malware protection and expand security to SaaS collaboration suites

Check Point Software Technologies Acquires Avanan, the fastest growing cloud email and collaboration security company, to redefine security for cloud email

Check Point (CHKP) reported earnings 30 days ago. What's next for the stock?

Why Is Check Point (CHKP) Up 2.6% Since Last Earnings Report?

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Richard Snow (Trades, Portfolio), founder of Snow Capital, disclosed this week that his firm's top five trades during the second quarter included new buys in Lumentum Holdings Inc. ( LITE , Financial) and Check Point Software Technologies Ltd. ( CHKP , Financial), position boosts in Cinemark Holdings Inc. ( CNK , Financial) and Hasbro Inc. ( HAS , Financial) and a reduction in NetApp Inc. ( NTAP , Financial).

Richard Snow's Top 5 Trades of the 2nd Quarter

Check Point Solutions help Regione Marche implement an agile, unified, and streamlined approach to security Check Point Solutions help Regione Marche implement an agile, unified, and streamlined approach to security

Regione Marche Powers Up Security with Check Point Software Technologies

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The string of earnings beat failed to impress cybersecurity ETFs.

Q2 Earnings Fails to Impress Cybersecurity ETFs

Check Point Research reports that Trickbot is the most prevalent malware for the third month running, while Snake Keylogger enters the index for the first time taking second place Check Point Research reports that Trickbot is the most prevalent malware for the third month running, while Snake Keylogger enters the index for the first time taking second place

July 2021's Most Wanted Malware: Snake Keylogger Enters Top 10 for First Time

Check Point Software's stock fell 6.36% YTD, while Global X Cybersecurity ETF gained 5.98% (YTD as well).

Check Point Software: Underperformance Is Just The Matter Of Time

Check Point Software's subscription offer is gaining traction. This business division is set to grow at double digits in the years to come and improve overall margins.

Check Point Software: Don't Miss The Boat

SAN CARLOS, Calif., Aug. 10, 2021 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP) today announced that shareholders approved all five proposals presented at the 2021 Annual General Meeting. Approximately 99.1 million shares, representing approximately 75 percent 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 2021 Annual General Meeting Proposals

Check Point Harmony goes beyond Mobile Security Management to Fully Secure Hybrid Work Environments Check Point Harmony goes beyond Mobile Security Management to Fully Secure Hybrid Work Environments

Check Point Software Technologies Named a Leader in Mobile Security in Omdia's Market Radar Report

The cybersecurity specialist is showing signs of stepping on the gas.

Should You Buy Check Point Software Stock After Q2 Earnings?

SAN CARLOS, Calif., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced that its board of directors has authorized a $2 billion expansion of the company's on-going share repurchase program. Under the extended share repurchase program, Check Point is authorized to continue repurchasing its shares up to $325 million each quarter.

Check Point Software Announces Two Billion Dollar Expansion of Share Repurchase Program

‘Cyber Attack Trends: 2021 Mid-Year Report' uncovers how cyber criminals have continued to exploit the Covid-19 pandemic and highlights a dramatic 93% increase in the number of ransomware attacks globally

Check Point Software's Mid-Year Security Report Reveals a 29% Increase in Cyber-attacks Against Organizations Globally

Check Point's (CHKP) Q2 results reflect double-digit revenue growth in its CloudGuard and Harmony solutions as well as triple-digit sales increase in Infinity platform.

Check Point (CHKP) Q2 Earnings and Revenues Top Estimates

Check Point Software Technologies Ltd. (CHKP) CEO Gil Shwed on Q2 2021 Results - Earnings Call Transcript

Check Point Software Technologies Inc (NASDAQ:CHKP) announced an upbeat quarterly report this morning, with second-quarter earnings of $1.61 per share -- higher than Wall Street's anticipated $1.56 -- as well as better-than-expected revenue.

CHKP Profits Rise Alongside Ransomware Attacks

Check Point (CHKP) delivered earnings and revenue surprises of 3.21% and 0.51%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Check Point Software (CHKP) Beats Q2 Earnings and Revenue Estimates

Check Point Software Technologies Ltd (NASDAQ: CHKP) reported second-quarter revenue growth of 4% year-on-year to $526 million, beating the analyst consensus of $523.1 million. Revenue from Products and licenses decreased 2.9% Y/Y to $119.1 million, Security subscriptions increased 12% Y/Y to $183.7 million, and Software updates and maintenance grew 2% Y/Y to $223.3 million.

Check Point Software Technologies Clocks Strong Q2 Earnings, Beats On Revenue And EPS

Check Point Software Technologies reported on Monday a higher-than-expected 2% rise in second quarter net profit and 4% increase in revenue.

News for Check Point Software Technologies Stock (CHKP)