Check Point beats analysts with strong Q1 results

Israeli cybersecurity company Check Point Software Technologies Ltd. (Nasdaq: CHKP) beat the analysts in its first quarter 2024 financial results. The company reported non-GAAP earnings per share of $2.04, up 13% from the corresponding quarter of 2023 and revenue of $598.8 million, up 6% from the corresponding quarter. The analysts’ consensus was $2 per share and revenue of $594.9 million.

The company also surpassed its own guidance of $2 per share and revenue of $592.5 million. In 2024, Check Point predicts 6% revenue growth with revenue rising to $2.625 billion in 2024…

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News Source: en.globes.co.il


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