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Check Point Software Q4 GAAP Profit Rises 27% - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Check Point Software Technologies Ltd. (CHKP) reported fourth quarter GAAP net income of $109.5 million, an increase of 27% from $86.5 million in the fourth quarter of 2008. GAAP earnings per diluted share were $0.51, up 24% from last year quarter's $0.41.

Non-GAAP net income was $129.5 million, up 23% from $105.6 million in the fourth quarter of 2008, and non-GAAP earnings per share was $0.61, an increase of 22% from $0.50 in the year-ago quarter.

Fourth quarter total revenues rose 25% to $272.1 million from $217.6 million in the fourth quarter of 2008.

Analysts polled by Thomson Reuters expected the company to earn $0.57 per share for the quarter on $257.76 million revenues. Analysts' estimates typically exclude special items,

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