logo
Plus   Neg
Share
Email

Check Point Software Q2 Net Profit Down, Adj. EPS Tops View - Quick Facts

Check Point Software Technologies Ltd. (CHKP), a provider of cyber security solutions, reported Wednesday that its second-quarter net income was $185.53 million or $1.21 per share, down from $197.69 million or $1.24 per share last year.

Adjusted net income was $211 million, compared to $218 million a year ago. Adjusted earnings per share were $1.38, compared to $1.37 last year.

On average, 29 analysts polled by Thomson Reuters expected the company to report profit per share of $1.37 for the quarter. Analysts' estimates typically exclude special items.

Total revenue for the quarter increased 4 percent to $488 million from $468 million last year. Analysts expected revenues of $487.55 million.

As of June 30, 2019, deferred revenues were $1.29 billion, up 11 percent from last year.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Food and Drug Administration has granted accelerated approval to Tazverik for the treatment of adults and pediatric patients aged 16 years and older with metastatic or locally advanced epithelioid sarcoma not eligible for complete resection. Epithelioid sarcoma is a rare sub-type of soft... STIHL recalls about 16,400 STIHL RE 90 pressure washers due to injury hazard. According to the company, the recalled pressure washer nozzle can disconnect from the spray wand when under pressure during use, posing an injury hazard. STIHL said it received seven reports of the nozzle detaching from... CVS Health Corp. launched 13 new HealthHUB locations in CVS Pharmacy stores across Philadelphia and South New Jersey. The healthcare company said it developed the HealthHUB store format to help people manage chronic conditions more conveniently and affordably. The store also features health and wellness products, clinical services and expertise.
Follow RTT
>