Shares of Check Point Software (CHKP) are trading -6% lower at a price of $117.315 at the time of this writing.
- Revenue from Products and licenses grew 12% Y/Y to $133 million, Security subscriptions increased 14% Y/Y to $210 million, and Software updates and maintenance grew 2.1% Y/Y to $129 million
- Growth in cyber-attacks was a contributing factor in the growth of Check Point Software's revenue
- The company beat estimates by 1.86%, earning an EPS of $1.64
Check Point Software has been trading between a 52-week high of $149.62 and a 52-week low of $107.85. The stock has a market cap of $14.7 Billion.
Check Point Software Technologies Ltd. is a leading provider of cyber security solutions to governments and corporate enterprises globally. Its solutions protect customers from 5th generation cyber-attacks with an industry leading catch rate of malware, ransomware and other types of attacks.
Headlines
Check Point Software Tops Q2 Aided By Growing Cyber-Attacks
Benzinga 08-01-22
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CNBC 08-01-22
Check Point Software Technologies Non-GAAP EPS of $1.64 beats by $0.03, revenue of $571.1M beats by $10.7M (NASDAQ:CHKP)
Seeking Alpha 08-01-22