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Check Point Software Technologies Q2 Profit Increases

Check Point Software Technologies (CKHP) Wednesday said its second-quarter net income increased to $197.69 million from $188.36 million in the prior year. On a per share basis, earnings were $1.24, up from $1.12 in the previous month. On an adjusted basis, earnings were $1.37 per share.

On average, 31 analysts polled by Thomson Reuters expected the company to earn $1.3 per share. Analysts estimates usually exclude special items.

Revenue for the quarter climbed to $467.77 million from $458.57 million a year ago.

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