Reports Q1 revenue $637.8M, consensus $636.33M. “The first quarter results have provided a solid foundation to expand upon as we progress through the year. Strong demand for our Quantum Force appliances, fueled by refresh cycles and new projects delivered double-digit year-over-year growth in products and licenses revenues,” stated CEO Nadav Zafrir. “The AI-driven Infinity Platform, featuring a Hybrid Mesh Architecture, continues to resonate with customers and delivered another quarter of impressive double-digit year-over-year growth.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHKP:
- Check Point initiated with a Neutral at Roth Capital
- Check Point’s Strategic Initiatives and Product Refresh Drive Buy Rating Amid Strong Market Position
- CHKP Earnings this Week: How Will it Perform?
- Check Point price target lowered to $220 from $235 at Morgan Stanley
- Cybersecurity survey points to demand slowdown, says Jefferies