UPDATE: Check Point Software Reports Upbeat Q1 Results

Check Point Software Technologies Ltd CHKP reported upbeat Q1 results. The company posted its quarterly earnings, excluding one-off items, at $0.68 per share, up from $0.58 per share in the year-earlier period. Its revenue surged 15% to $300.6 million. Analysts were expecting earnings of $0.66 per share on revenue of $296 million. CHKP shares dropped 0.02% to close at $56.58 on Friday.