Skip to main content

Check Point: Q1 Earnings Snapshot

TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Check Point Software Technologies Ltd. (CHKP) on Thursday reported first-quarter net income of $191.6 million.

On a per-share basis, the Tel Aviv, Israel-based company said it had profit of $1.81. Earnings, adjusted for one-time gains and costs, came to $2.50 per share.

The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.42 per share.

The data security company posted revenue of $668.4 million in the period, which did not meet Street forecasts. Thirteen analysts surveyed by Zacks expected $672.6 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHKP at https://www.zacks.com/ap/CHKP

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story