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

CrowdStrike

CyberArk Software

Fortinet

Okta

Varonis Systems

Zscaler

41 state attorneys general have penned a letter to Meta Platforms (NASDAQ: META ) expressing concerns over the increasing number of complaints about hacked Facebook and Instagram accounts, as Wired reported last week. There could be a solution to this.

7 Cybersecurity Stocks That Meta Should Consider Buying

Microsoft

NerdWallet

Thanks to the explosive interest in artificial intelligence, the talking point about top software stocks to buy has likewise skyrocketed. Nevertheless, there are other specialties and they offer much relevance to the broader technology narrative.

The Top 3 Software Stocks to Buy in March 2024

Check Point (CHKP) unveils Harmony SaaS, an innovative solution for safeguarding against SaaS-based threats.

Check Point (CHKP) Introduces Its Harmony SaaS Solution

The Check Point Infinity Platform is recognized as the leading solution for Zero Trust security, offering Exceptional user experience and security efficacy The Check Point Infinity Platform is recognized as the leading solution for Zero Trust security, offering Exceptional user experience and security efficacy

Check Point Software Achieves Top Ranking Zero Trust Platform Benchmark

Transforming SaaS Security with Automated Threat Prevention and Continuous Attack Surface Reduction Transforming SaaS Security with Automated Threat Prevention and Continuous Attack Surface Reduction

Introducing Check Point Harmony SaaS: The Cutting-Edge Solution for SaaS Threat Prevention

SAN CARLOS, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd.

Check Point Software Technologies Ranked as a Leading Email Security Provider in Latest Industry Analyst Report

DEL VALLE, Texas--(BUSINESS WIRE)--ManageEngine announced the integration between Endpoint Central and Check Point's Harmony Mobile.

ManageEngine Joins Forces with Check Point to Tackle Rising Mobile Threats

Qualys

Navigating the treacherous waters of the digital world demands a robust shield, and cybersecurity stocks are the answer. Hackers are getting more intuitive, and cyber attacks are one of the most prominent threats to economic stability.

The 3 Top Cybersecurity Stocks to Fortify Your Portfolio in 2024

Check Point (CHKP) introduces the Quantum Force Gateway series, an advanced cloud-based security solution, driven by artificial intelligence.

Check Point (CHKP) Unveils AI-Driven Quantum Force Series

Quantum Force sets new standards with unmatched Threat Prevention, superior efficiency, and seamless management for the digital age, empowering businesses of all sizes with Next-Generation Firewall technology Quantum Force sets new standards with unmatched Threat Prevention, superior efficiency, and seamless management for the digital age, empowering businesses of all sizes with Next-Generation Firewall technology

Redefining Cyber Security: Check Point Unveils Quantum Force Gateway Series - The Ultimate AI-Powered Cloud Delivered Security Solution

Highpoints from the report include an analysis on the pervasiveness of ransomware and how defenders are fighting back against AI-powered cyber attacks Highpoints from the report include an analysis on the pervasiveness of ransomware and how defenders are fighting back against AI-powered cyber attacks

Check Point Software Unveils Comprehensive 2024 Security Report, Highlighting Ransomware Surge and AI Defense Innovations

Check Point Software reported strong growth at the end of fiscal year 2023, overcoming challenges experienced in early FY23 and ending with resilience. The company's Infinity platform, with its copilot feature, is expected to drive further growth and ride the AI software wave. Management remains optimistic about growth in 2024, with a focus on customer adoption of Infinity and a shift towards subscription-based sales.

Check Point Offers Slow Cumulative Growth

Rapid7

Splunk

In the age of cybersecurity and tech advancement, the imperative for edgy solutions has never been more critical. As the cybersecurity space expands, so too do the related threats.

Cybersecurity Fortresses: 3 Stocks Safeguarding the Future of Tech

CHKP has strong track record of consistent financial performance, with steady mid single-digit growth and over 35-40% net margin for over a decade. New product suite to benefit from AI-driven cybersecurity trends, potentially enabling double-digit growth. I rate CHKP a buy. Given the ongoing macro situation challenging the performance of many growth software stocks, CHKP presents a "flight-to-quality" opportunity, in my opinion.

Check Point Software: Flight-To-Quality Growth Opportunity

Cyber security stocks Check Point Software NASDAQ: CHKP and Fortinet NASDAQ: FTNT can hit new highs, but one is the better buy. While Check Point is a smaller company growing at a slower rate, its cost of earnings is far more reasonable, and capital returns are more substantial.

These cyber security stocks can hit new highs

Check Point's (CHKP) fourth-quarter 2023 results reflect the benefits of the increased adoption of the company's Infinity platform and strong demand for Harmony products.

Check Point (CHKP) Q4 Earnings and Revenues Top Estimates

Check Point Software Technologies Ltd. (CHKP) Q4 2023 Earnings Call Transcript

The headline numbers for Check Point (CHKP) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Check Point (CHKP) Q4 Earnings: A Look at Key Metrics

Check Point Software (CHKP) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.46 per share. This compares to earnings of $2.45 per share a year ago.

Check Point Software (CHKP) Q4 Earnings and Revenues Beat Estimates

Check Point Software Technologies on Tuesday beat fourth-quarter profit expectations and announced CEO Gil Shwed plans transition into the role of executive chairman.

Israeli cyber security firm Check Point Q4 profit up, CEO to move to executive chairman

SAN CARLOS, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the fourth quarter and full year ended December 31, 2023.

Check Point Software Reports Fourth Quarter and 2023 Full Year Results

Check Point Infinity Platform has achieved an outstanding 99.8% new malware block rate, and a 100% phishing prevention score in Miercom's NGFW report.

Check Point Software Technologies Triumphs in Miercom's 2024 Next Generation Firewall Benchmark Report

Besides Wall Street's top -and-bottom-line estimates for Check Point (CHKP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Stay Ahead of the Game With Check Point (CHKP) Q4 Earnings: Wall Street's Insights on Key Metrics

Innovative Next-Generation Firewalls Deliver Enhanced AI Threat Prevention up to 5 Gbps with a 99.8% block rate against zero-day malware, phishing, and ransomware Innovative Next-Generation Firewalls Deliver Enhanced AI Threat Prevention up to 5 Gbps with a 99.8% block rate against zero-day malware, phishing, and ransomware

Check Point Software Technologies Launches Quantum Spark 1900 & 2000: Advanced Cyber security for SMBs

UiPath

Shopify

Finding the best no-brainer growth stocks to buy with a high probability of success demands careful analysis and consideration. However, certain opportunities emerge as no-brainers, displaying the utmost potential for surefire success.

News for Check Point Software Technologies Stock (CHKP)