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Check Point Software Technologies Q3 Profit Rises - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Check Point Software Technologies Ltd. (CHKP) reported third quarter GAAP net income of $91.5 million, an increase of 14%, compared to $80.1 million in the prior year.. GAAP earnings per diluted share were $0.43, an increase of 17%, compared to $0.37 in the last year.

Non-GAAP net income for the quarter was $109.5 million, an increase of 16%, compared to $94.2 million in the third quarter of 2008, and non-GAAP earnings per share rose 19% to $0.52 from $0.44 in the previous year.

On average, 18 analysts polled by Thomson Reuters expected earnings per share of $0.49 for the quarter. Analysts' estimate typically exclude special items.

Total Revenues for the quarter grew 17% to $233.6 million from $199.7 million a year earlier. Nineteen analysts estimated revenues of $230.67 million for the quarter.

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