Check Point Software Technologies Ltd.'s (CHKP) first-quarter GAAP net income advanced to $148.0 million, or $0.73 per share, from last year's $143.6 million, or $0.68 per share. On a non-GAAP basis, net income amounted to $159.3 million, or $0.79 a share in the recent period. On average, 28 analysts polled by Thomson Reuters expected earnings per share of $0.78 for the quarter. Analysts' estimates typically exclude one-time items.
Total revenue was $322.73 million in the quarter, up compared with the prior-year figure of $313.12 million, while it missed consensus estimates of $327.99 million.
For comments and feedback: editorial@rttnews.com