06.02.2024 12:09:44 - dpa-AFX: Check Point Software Technologies Ltd Q4 Profit Decreases, but beats estimates

TEL AVIV (dpa-AFX) - Check Point Software Technologies Ltd (CHKP) revealed
earnings for fourth quarter that decreased from last year but beat the Street
estimates.

The company's earnings came in at $249.2 million, or $2.15 per share. This
compares with $269.9 million, or $2.20 per share, in last year's fourth quarter.

Excluding items, Check Point Software Technologies Ltd reported adjusted
earnings of $298.5 million or $2.57 per share for the period.

Analysts on average had expected the company to earn $2.48 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 3.9% to $663.5 million from $638.5
million last year.

Check Point Software Technologies Ltd earnings at a glance (GAAP) :

-Earnings (Q4): $249.2 Mln. vs. $269.9 Mln. last year.
-EPS (Q4): $2.15 vs. $2.20 last year.
-Analyst Estimates: $2.48
-Revenue (Q4): $663.5 Mln vs. $638.5 Mln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Check Point Software Technolog 901638 NASDAQ 152,560 06.05.24 21:58:40 +1,360 +0,90% 152,510 152,600 151,090 151,200

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