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Tuesday, October 31, 2017

=Check Point Software (CHKP) reported earnings on Tue 31 Oct 2017 (a/h)



Check Point Software beats by $0.06, beats on revs 
  • Reports Q3 (Sep) earnings of $1.30 per share, excluding non-recurring items, $0.06 better thanthe Capital IQ Consensus of $1.24; revenues rose 6.3% year/year to $455 mln vs the $450.01 mln Capital IQ Consensus. Software Blades Subscriptions Revenues: $120 million, a 22 percent increase year over year; deferred revenues: $1,036 million, a 17 percent increase year over year
  • Guides on the call at 4:30.
  • "We delivered good third quarter financial results with revenues coming in toward the upper end of our projections and earnings per share that exceeded our projections. Our advanced threat protections continued to see nice adoption as the Infinity platform and vendor consolidation continues to resonate with customers," said Gil Shwed, founder and chief executive officer, "During the quarter we continued to extend the reach of the Infinity platform and elevated the level of security we provide with anti-ransomware technology, cloud security for Azure stack, and the integration of the Microsoft Intune mobile management with our SandBlast mobile security." 

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