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Check Point Software’s Strong Q3 Growth and Strategic Moves

Check Point Software’s Strong Q3 Growth and Strategic Moves

Check Point (CHKP) has released an update.

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Check Point Software Technologies reported a robust 7% year-over-year increase in total revenues for Q3 2024, reaching $635 million, driven by a significant 12% rise in security subscriptions revenues. The company also expanded into the Security Operation Center market with the acquisition of Cyberint, enhancing its AI-powered threat intelligence capabilities. Check Point’s financial performance highlights strong growth and strategic advancements in the cybersecurity domain.

For further insights into CHKP stock, check out TipRanks’ Stock Analysis page.

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