Check Point Software Technologies

Check Point Software Technologies Ltd. is an Israeli multinational provider of software and combined hardware and software products for IT security, including network security, endpoint security, mobile security, data security and security management.

ZoneAlarm is an internet security software company that provides consumer antivirus and firewall products. ZoneAlarm was developed by Zone Labs, which was acquired in March 2004 by Check Point. ZoneAlarm's firewall security products include an inbound intrusion detection system, as well as the ability to control which programs can create outbound connections. In August 2015, ZoneAlarm introduced a 100% virus-free guarantee with its Extreme Security product

ZoneAlarm

Check Point Software Technologies Ltd. is engaged in the development and marketing of software and hardware solutions for information technology security. Its products include Quantum, CloudGuard, Harmony, and Infinity-Vision. The company was founded by Gil Shwed, Marius Nacht, and Shlomo Kramer in July 1993 and is headquartered in Tel Aviv, Israel.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Check Point Software excels in Q4, eyes growth amid challenges

Check Point Software delivered a strong Q4 performance, exceeding revenue and EPS projections, driven by subscription revenues and a focus on comprehensive security solutions.
Despite challenges like postponed projects and economic uncertainties, the company maintains financial stability, strong cash reserves, and a strategic growth trajectory.
Opportunities lie in SaaS security solutions, potential SD-WAN acquisitions, margin improvements, and workforce investments, positioning Check Point for continued success and market expansion.
Strategic focus on customer engagement, product innovation, and cost management will be crucial for navigating challenges and leveraging growth opportunities in 2023.

Check Point Software Technologies reports solid Q1 performance and eyes growth opportunities through new initiatives and M&A

Check Point Software Technologies delivered a solid performance in Q1 2023, showcasing growth in recurring revenues and security subscriptions. While facing challenges like product revenue declines and market uncertainties, the company is optimistic about growth opportunities through new initiatives and potential M&A activity.

Check Point Software reports strong Q2 earnings and growth outlook

Check Point Software delivered a robust performance in Q2 2023, exceeding revenue projections and showcasing strong financial metrics and strategic initiatives.
Despite facing challenges such as project delays and evolving customer trends, the company's focus on innovation, customer engagement, and strategic investments positions it well for future growth.
With a solid financial foundation, a clear growth strategy, and a positive outlook for revenue acceleration, Check Point is poised to navigate challenges and capitalize on opportunities for sustained success.

Check Point Software reports robust Q3 earnings and growth outlook

Check Point Software had a strong Q3 performance with growth in key areas.
While facing challenges in product revenues and growth rates, the company is optimistic about opportunities.
Strategic acquisitions and focus on customer engagement position Check Point for future growth.
Maintaining financial targets and leveraging investments are key priorities for sustained success.

Check Point Software posts robust Q4 results, eyes growth in cybersecurity

Check Point Software delivers strong financial results for Q4 2023 and full-year 2023, driven by subscription revenue growth and demand for the Infinity platform.
Transition of Gil Shwed to Executive Chairman role signals strategic focus on future innovation and leadership continuity.
Challenges include managing operating expenses amidst investments and ensuring a smooth CEO succession process.
Opportunities lie in projected revenue growth for 2024, leveraging financial strength for recurring revenue, and expanding customer base globally.

Check Point Software Technologies reports strong Q1 results and eyes growth opportunities in cybersecurity market

Check Point Software Technologies reported strong Q1 2024 results, driven by revenue growth, increased net income, and a focus on customer loyalty. The company faces challenges from competitive pressures and investment impacts but is well-positioned with a healthy cash position and strategic growth initiatives.
Opportunities lie in driving customer adoption of new products, exploring mergers and acquisitions, and leveraging technology partnerships for market expansion. Check Point's emphasis on innovation, quality, and market relevance positions it for continued success in the cybersecurity industry.
Balanced revenue distribution across regions, a focus on providing top-tier security solutions, and investments in new business models and capabilities showcase Check Point's commitment to sustainable growth and market leadership.

Check Point Software reports solid Q2 results amidst strategic investments

Check Point Software Technologies delivered a strong Q2 performance with revenue and EPS growth. The company faces challenges from rising operating expenses and competitive pressures. However, opportunities lie in AI cybersecurity innovations and strategic investments for future growth.

Check Point Software Technologies exceeds Q3 projections, eyes sustained growth

Check Point Software had a robust quarter with revenue and EPS exceeding expectations.
Despite challenges like increased expenses and delayed deals, the company remains well-positioned.
Opportunities lie in sustained growth, product revenue outlook, and the impact of recent acquisitions.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Check Point Software Technologies Ltd. (NASDAQ:CHKP ) Q3 2023 Earnings Call Transcript October 30, 2023 8:30 AM ET Company Participants Kip Meintzer - Head, IR Gil Shwed - CEO & Founder Roei Golan - CFO Conference Call Participants Gabriela Borges - Goldman Sachs Adam Borg - Stifel Brad Zelnick - Deutsche Bank Tal Liani - BofA Merrill Lynch Joseph Gallo - Jefferies Saket Kalia - Barclays Hamza Fodderwala - Morgan Stanley Patrick Colville - ScotiaBank Joshua Tilton - Wolfe Research Fatima Boolani - Citi Operator [Starts Abruptly] on our website at Checkpoint.com.

Check Point Software Technologies Ltd. (CHKP) Q3 2023 Earnings Call Transcript

Israeli security-software firm Check Point says the war with Hamas hasn't had a material impact.

Check Point Stock Is Slumping. Earnings Were Strong, but Billings Were Soft.

The headline numbers for Check Point (CHKP) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Check Point (CHKP) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Check Point Software Technologies Ltd on Monday reported third-quarter 2023 financial results that surpassed analyst expectations.  The cybersecurity solutions provider saw its earning per share (EPS) for the quarter improve by 17% to $2.07 on revenue that rose 3% to $596 million.

Check Point Software 3Q results top estimates as security subscriptions climb

Check Point Software (CHKP) came out with quarterly earnings of $2.07 per share, beating the Zacks Consensus Estimate of $2.02 per share. This compares to earnings of $1.77 per share a year ago.

Check Point Software (CHKP) Q3 Earnings and Revenues Beat Estimates

Israel-based cybersecurity company Check Point Software Technologies Ltd. CHKP, -0.48% reported Monday third-quarter profit and revenue that rose above expectations, and said its business has operated “as planned” despite the Hamas-Israel war.

Check Point Software beats earnings expectations as Israel-based cybersecurity company sees business operate ‘as planned'

SAN CARLOS, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the third quarter ended September 30, 2023.

Check Point Software Reports 2023 Third Quarter Financial Results

CrowdStrike

Fortinet

Cloudflare

Palo Alto Networks

Zscaler

Earnings reports from cybersecurity stocks, which recently have outperformed the software sector, kick in next week with Check Point, Fortinet and Cloudflare reporting.

Cybersecurity Stocks: What To Watch In Next Week's Earnings Reports

Check Point (CHKP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Check Point Software (CHKP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Chevron

Dynex Capital

Coca-Cola

Olin

Stellantis N.V. 

Encore Wire

While the experts may be putting on a smile ahead of possible economic challenges, investors should be prepared with quality stocks with strong cash flow. Sure, we're all hoping for a soft landing.

7 Stocks With Rock-Solid Cash Flow to Ride Out Turbulent Times

Check Point®️ upgrades Infinity Global Services post-rmsource buy; offers enhanced network, cloud, security ops. Amid rising cyber threats, skills gap

Check Point Software Technologies Enhances Infinity Global Services with New Managed Security Capabilities

Check Point Software Technologies is a high-quality cybersecurity company based in Israel with minimal debt and lots of cash. The company has been rated as the number one and two most trustworthy provider of cybersecurity and software with an enviable record of profitability and momentum.

Check Point Software Technologies Is Hi-Quality In Hi-Tech

The Forbes World's Best Employers 2023 list recognizes Check Point's strong culture and commitment to delivering gender equality and corporate social responsibility The Forbes World's Best Employers 2023 list recognizes Check Point's strong culture and commitment to delivering gender equality and corporate social responsibility

Check Point Software Recognized by Forbes for the 4th Consecutive Year as World's Best Cyber Security Employer

Horizon Playblocks is a security collaboration platform that uses security products collaboratively to automate security operations across the network, in order to save time and resources Horizon Playblocks is a security collaboration platform that uses security products collaboratively to automate security operations across the network, in order to save time and resources

Check Point Launches Horizon Playblocks: the Security Collaboration Platform that Eliminates Security Siloes and Stops Attacks from Spreading

The leading Hybrid SASE solution combining on-device and cloud-based protections, delivering unprecedented SASE performance The leading Hybrid SASE solution combining on-device and cloud-based protections, delivering unprecedented SASE performance

Check Point Launches Game-Changing SASE Solution: Delivering 2x Faster Internet Security

CyberArk Software

Amplify BlueStar Israel Technology ETF

Rapid7

SentinelOne

Tenable Holdings Inc

The country is home to 33% of the world's unicorns in cybersecurity, the Israel National Cyber Directorate said last year.

Cybersecurity Stocks With Ties to Israel Are Under Pressure as War Unfolds

First Trust NASDAQ Cybersecurity ETF

J.P. Morgan analyst Brian Essex listed a number of security software companies with ties to Israel, in anticipation of investor interest in those with exposure to the region, after Hamas' attack on Israel over the weekend.

These cybersecurity stocks could be most hurt by Hamas's attack on Israel

Dell Technologies

NetEase

Targeting low-beta stocks can help shield investors against volatility, as these stocks are less susceptible to the market's movements.

3 Low-Beta Stocks to Buy for Technology Exposure

SAN CARLOS, Calif., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd . (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced that it will release its financial results for the third quarter ended September 30, 2023, on Monday October 30, 2023, before the U.S. financial markets open. Management will host a video conference call with the investment community at 8:30 AM EDT/5:30 AM PDT on October 30, 2023. A live video webcast of the call will be hosted on the company's website at http://www.checkpoint.com/ir .

Check Point Software to Announce Third Quarter 2023 Financial Results on October 30, 2023

Ranked as a Leader: Check Point received the highest ranking in the Market Presence category, and the highest possible score in 13 criteria, including: data security, device security, centralized management & usability, visibility and analytics Ranked as a Leader: Check Point received the highest ranking in the Market Presence category, and the highest possible score in 13 criteria, including: data security, device security, centralized management & usability, visibility and analytics

Check Point Software Technologies Named A Leader in Latest Zero Trust Platform Providers Report by Independent Research Firm

Gen Digital Inc

Cyber threats are escalating in both prevalence and sophistication. So, the imperative for advanced protection in the realm of cybersecurity stocks, has never been greater.

The 3 Most Undervalued Cybersecurity Stocks to Buy in September 2023

Accelerating the adoption of secure access across remote users, sites, and cloud with the industry's fastest and most secure SASE solution Accelerating the adoption of secure access across remote users, sites, and cloud with the industry's fastest and most secure SASE solution

Check Point Software Completes Acquisition of Perimeter 81

SAN CARLOS, Calif., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced that it has been recognized on Newsweek's inaugural list of the World's Most Trustworthy Companies 2023. Check Point was recognized as the #1 most trustworthy cybersecurity company and the 2nd most trustworthy software company.

Check Point Software Technologies Recognized by Newsweek as World's Most Trustworthy Cybersecurity Company

Dynatrace Inc

Investors looking for stocks in the Computers - IT Services sector might want to consider either Check Point Software (CHKP) or Dynatrace (DT). But which of these two stocks is more attractive to value investors?

CHKP or DT: Which Is the Better Value Stock Right Now?

Regarding cybersecurity, the rapid proliferation of artificial intelligence produces great risks and tremendous opportunities. Among the risks are “data poisoning,” which involves hackers corrupting the data used to train AI systems, and the theft by hackers of “AI models.

News for Check Point Software Technologies Stock (CHKP)