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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Check Point's (CHKP) Q3 results reflect benefits from solid IT security demand and strong adoption of its cloud-based solutions, including Infinity, Mobile Access and Sandblast Agent.

Check Point (CHKP) Tops Q3 Earnings & Revenue Estimates

Biogen

NetEase

According to the All-in-one Screener's "Customized Ranking" feature, a Premium feature of GuruFocus, the top three high-quality stocks based on Joel Greenblatt (Trades, Portfolio)'s "Magic Formula" rank are Check Point Software Technologies Ltd. (NASDAQ:CHKP), Biogen Inc. (NASDAQ:BIIB) and NetEase Inc. (NASDAQ:NTES).

Top 3 High-Quality Stocks Based on Greenblatt Magic Formula Rank

Check Point Software Technologies Ltd. (CHKP) Gil Shwed on Q3 2020 Results - Earnings Call Transcript

Check Point (CHKP) delivered earnings and revenue surprises of 7.19% and 1.30%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Check Point Software (CHKP) Q3 Earnings and Revenues Surpass Estimates

Check Point earnings and revenue for the September quarter topped expectations. Shares in the rival of Fortinet and Palo Alto Networks were unchanged in early trading.

Cybersecurity Firm Check Point Earnings, Revenue Top Views

Shares of Check Point Software (NASDAQ:CHKP) were unchanged after the company reported Q3 results. Quarterly Results Earnings per share increased 13.89% year over year to $1.64, which beat the estimate of $1.53.

Recap: Check Point Software Q3 Earnings

Check Point's (CHKP) Q3 results likely to reflect benefits from robust adoption of the company's cloud-based security solutions, fueled by the remote-working wave owing to the COVID-19 pandemic.

Check Point (CHKP) to Report Q3 Earnings: What to Expect?

Check Point Research issues Q3 Brand Phishing Report, highlighting the brands that hackers imitated the most to lure people into giving up personal data

Microsoft is Most Imitated Brand for Phishing Attempts in Q3 2020

Alphabet

Monster Beverage

GuruFocus Historical Data Screen looks for high-margin stocks

3 High-Quality Stocks With Fair GF Valuations

LONDON and SAN CARLOS, Calif., Oct. 08, 2020 (GLOBE NEWSWIRE) -- NTT Ltd., a world-leading global technology services provider, has been named as the first Global Infinity Partner for Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally. In addition, NTT is the first managed security services provider to obtain a five star status in all countries where NTT and Check Point operate. Five star is the premier tier of Check Point partner relationships, enabling NTT to deploy the latest Check Point technologies within client-centric solutions, driving value for enterprises. The companies’ combined capabilities enable clients to protect their infrastructure, applications, and intellectual property on a ‘Secure by Design’ basis.

NTT Ltd. Named as the First Global Infinity Partner for Check Point Software Technologies

Check Point researchers find sharp increase in attacks using new Valak malware, while the Emotet trojan remains in 1st place for third consecutive month Check Point researchers find sharp increase in attacks using new Valak malware, while the Emotet trojan remains in 1st place for third consecutive month

September 2020’s Most Wanted Malware: New Info-stealing Valak Variant Enters Top 10 Malware List For First Time

CACI

CrowdStrike

Cloudflare

NortonLifeLock

Qualys

Zscaler

These are the cybersecurity stocks with the best value, fastest growth, and most momentum for Q4 2020.

Top Cybersecurity Stocks for Q4 2020

SAN CARLOS, Calif., Oct. 01, 2020 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced that it will release its third quarter financial results for the quarter ended September 30, 2020, on Thursday, October 22, 2020, 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 22. A live 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 2020 Financial Results on October 22, 2020

Grand Canyon Education

MarketAxess Holdings

Regeneron Pharmaceuticals

New Historical Data Screen identifies good stocks

4 Stocks With Strong Earnings Growth Over the Past 5 Years

The cybersecurity specialist also claimed to redefine secure remote access to enterprises.

Check Point Software Announces a Cloud Cybersecurity Acquisition: What You Should Know

Acquisition of clientless, cloud-delivered secure remote access technology to integrate with Check Point’s Infinity architecture, making it the easiest and most secure solution in the market for enterprises´ remote access needs

Check Point Software Technologies Redefines Secure Remote Access for Enterprises

ANSYS

iRobot

Jack Henry & Associates

Synopsys

New GuruFocus feature identifies stocks with high profit margins over several years

5 Tech Stocks With High Gross Margins Over the Past 5 Years

For the third consecutive time, Check Point is recognized as a leader based on strategy and capabilities For the third consecutive time, Check Point is recognized as a leader based on strategy and capabilities

Check Point Software Technologies Named a Leader in the IDC MarketScape Report for Mobile Threat Management

FireEye

Okta

Coronavirus has prompted companies and schools to operate remotely, driving demand for strong cybersecurity solutions. The need for cybersecurity to protect health data is also heating up.

5 Explosive Cybersecurity Stocks to Keep on Your Radar

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

Check Point Software Technologies shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 77 to 81.
The post Check Point Software Technologies Reaches 80-Plus Relative Strength Rating Benchmark appeared first on Investor's Business Daily.

Check Point Software Technologies Reaches 80-Plus Relative Strength Rating Benchmark

Check Point (CHKP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Check Point (CHKP) Moves to Buy: Rationale Behind the Upgrade

Online learning courses on cyber-security available free on leading education and training platform, to help existing and future cyber-security professionals develop key skills Online learning courses on cyber-security available free on leading education and training platform, to help existing and future cyber-security professionals develop key skills

Check Point Software Partners with Harvard and MIT-founded edX to Deliver Free Online Courses, to Help Close Cyber-security Skills Gap

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

Check Point (CHKP) Up 2.9% Since Last Earnings Report: Can It Continue?

Researchers demonstrate how hackers could remove/install skills on a victim’s Alexa account, access voice histories, and personal information Researchers demonstrate how hackers could remove/install skills on a victim’s Alexa account, access voice histories, and personal information

News for Check Point Software Technologies Stock (CHKP)