Check Point Software Technologies Q1 2023 Earnings Report

Check Point Software Technologies EPS Results

• Actual EPS: $1.80
• Consensus EPS: $1.49
• Beat/Miss: Beat by +$0.31
• One Year Ago EPS: $1.34

Check Point Software Technologies Revenue Results

• Actual Revenue: $566.20 million
• Expected Revenue: $568.83 million
• Beat/Miss: Missed by -$2.63 million
• YoY Revenue Growth: +4.30%

Check Point Software Technologies Announcement Details

• Quarter: Q1 2023
• Date: 5/1/2023
• Time: Before Market Opens

Check Point Software Technologies (NASDAQ:CHKP) develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile. In addition, the company offers security gateways and software platforms that support small and medium sized business. Further, it provides cloud network security, cloud native application protection, security and posture management, cloud identity and entitlement, cloud workload protection, cloud detection and response, and cloud web application protection for web applications and APIs; and Check Point Harmony that delivers endpoint and secure connectivity for remote user access. Additionally, the company offers technical customer support programs and plans; professional services in implementing, upgrading, and optimizing Check Point products comprising design planning and security implementation; and certification and educational training services on Check Point products. It sells its products through distributors, resellers, system integrators, original equipment manufacturers, and managed security service providers. Check Point Software Technologies Ltd. was incorporated in 1993 and is headquartered in Tel Aviv, Israel.