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Monday, October 31, 2016

=Check Point Software (CHKP) reported earnings on Mon 31 Oct 2016 (b/o)




Check Point Software beats by $0.05, beats on revs :
  • Reports Q3 (Sep) earnings of $1.13 per share, excluding non-recurring items, $0.05 better than the Capital IQ Consensus of $1.08; revenues rose 5.9% year/year to $427.6 mln vs the $423.05 mln Capital IQ Consensus.
  • "Third quarter financial results were very good with revenues coming in toward the upper end of our projections and earnings per share that exceeded our projections. Customers continue to leverage the Check Point security platform and increase their adoption of our advanced security capabilities which is resulting in higher subscription revenues."

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