Shares of Check Point Software (NASDAQ:CHKP) rose 2.5% after the company reported Q2 results.
Quarterly Results
Earnings per share rose 14.49% year over year to $1.58, which beat the estimate of $1.44.
Revenue of $505,600,000 up by 3.58% year over year, which beat the estimate of $488,040,000.
Outlook
Check Point Software hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Jul 22, 2020
Time: 08:30 AM
ET Webcast URL: https://checkpoint.zoom.us/webinar/register/WN_sVs8lHe-QSyBzhieXwC7zw
Technicals
Company's 52-week high was at $125.53
52-week low: $80.06
Price action over last quarter: Up 18.16%
Company Description
Check Point Software Technologies is a pure-play cybersecurity vendor. The company offers solutions for network, endpoint, cloud, and mobile security in addition to security management. Check Point, a software specialist, sells to enterprises, businesses, and consumers. At the end of 2017, 47% of its revenue was from the Americas, 36% from Europe, and 17% from Asia-Pacific, Middle East, and Africa. The firm, based in Tel Aviv, Israel, was founded in 1993 and has about 5,000 employees.
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