Check Point Software rises on Q4 profit beat

Check Point Software Technologies

30/01/2025 19:40

** Cyber security solutions provider Check Point Software
Technologies'  CHKP.O  shares up 6.4% at $216.92
    ** CHKP posts quarterly profit of $2.70 per share vs
estimates of 2.65 per share, according to data compiled by LSEG
    ** Posts quarterly rev of $704 million vs estimates of
$698.6 million
    ** Co saw a strong demand for its products, mainly "Quantum
Force Appliances", and strong adoption for its "Infinity
program" by existing and new customers — CFO Roy Galant 
    ** CHKP expects 2025 revenue between $2.66 billion and $2.76
billion, in line with analysts' estimates of $2.71 billion 
    ** Stock rose about 22.3% in 2024
    
   

 (Reporting by Rishab Shaju in Bengaluru)
 ((Rishab.shaju@thomsonreuters.com))