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Check Point (CHKP) is revolutionizing email security with its new unified administration features, enhancing effectiveness and increasing productivity.
REDWOOD CITY, Calif., April 01, 2024 (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 first quarter ended March 31, 2024, on Thursday, April 25, 2024, before the U.S. financial markets open. Management will host a video conference call with the investment community at 8:30 AM EST/5:30 AM PST on April 25, 2024. A live videocast of the call will be hosted on the company's website at http://www.checkpoint.com/ir.
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Check Point (CHKP) collaborates with NVIDIA to bolster the security of AI cloud infrastructure with the new AI Cloud Protect solution.
41 state attorneys general have penned a letter to Meta Platforms (NASDAQ: META ) expressing concerns over the increasing number of complaints about hacked Facebook and Instagram accounts, as Wired reported last week. There could be a solution to this.
Thanks to the explosive interest in artificial intelligence, the talking point about top software stocks to buy has likewise skyrocketed. Nevertheless, there are other specialties and they offer much relevance to the broader technology narrative.
Check Point (CHKP) unveils Harmony SaaS, an innovative solution for safeguarding against SaaS-based threats.
Check Point (CHKP) introduces the Quantum Force Gateway series, an advanced cloud-based security solution, driven by artificial intelligence.
Check Point Software reported strong growth at the end of fiscal year 2023, overcoming challenges experienced in early FY23 and ending with resilience. The company's Infinity platform, with its copilot feature, is expected to drive further growth and ride the AI software wave. Management remains optimistic about growth in 2024, with a focus on customer adoption of Infinity and a shift towards subscription-based sales.
CHKP has strong track record of consistent financial performance, with steady mid single-digit growth and over 35-40% net margin for over a decade. New product suite to benefit from AI-driven cybersecurity trends, potentially enabling double-digit growth. I rate CHKP a buy. Given the ongoing macro situation challenging the performance of many growth software stocks, CHKP presents a "flight-to-quality" opportunity, in my opinion.