CHKP Stock Recent News

Check Point's (CHKP) second-quarter 2024 results reflect benefits from the adoption of cloud solutions and strong demand for Harmony products.

Check Point reported its Q2 FY24 earnings, where revenue grew 7% YoY, driven by double-digit growth in Products & Subscriptions, while operating profit remained flat YoY. Although the company is driving AI-centered product innovation across its solutions and forging partnerships with Microsoft and Nvidia, the competitive landscape is fierce. So far, CHKP has been winning large deals among enterprise customers while gaining market share in the public sector; however, its competitors are growing at a much faster rate.

Although the revenue and EPS for Check Point (CHKP) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Check Point Software (CHKP) came out with quarterly earnings of $2.17 per share, beating the Zacks Consensus Estimate of $2.16 per share. This compares to earnings of $2 per share a year ago.

Check Point Software Technologies on Wednesday said that cybersecurity veteran Nadav Zafrir will become its new chief executive starting in December.

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Check Point (CHKP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

REDWOOD CITY, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd.

Report reflects Check Point's progress to secure a shared future across ESG pillars Report reflects Check Point's progress to secure a shared future across ESG pillars

REDWOOD CITY, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced that its board of directors has authorized a $2.0 billion expansion of the company's on-going share repurchase program.