Check Point Software (CHKP) has released an update.
Check Point Software Technologies Ltd. has reported a solid start to 2024, with a 6 percent year-over-year increase in total revenues amounting to $599 million and a 13 percent jump in non-GAAP earnings per share to $2.04. The company attributes its success to strong growth in Infinity Platform agreements and the introduction of new security technologies. Check Point also continues to demonstrate financial strength with significant cash reserves and an active share repurchase program.
For further insights into CHKP stock, check out TipRanks’ Stock Analysis page.
