Raymond James Downgrades Checkpoint Software (CHKP) to Market Perform
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Check Point Software Technologies Reports 2016 First Quarter Financial Results
April 20, 2016 5:00 AM EDTSAN CARLOS, CA -- (Marketwired) -- 04/20/16 -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), the largest global pure-play network cybersecurity vendor, today announced its financial results for the first quarter ended March 31, 2016.
First Quarter 2016:
Total Revenue: $404 million, representing a 9 percent increase year over year Non-GAAP Operating Income: $224 million, representing 55 percent of revenues Non-GAAP EPS: $1.06, representing an 11 percent increase year over year Deferred Revenues: $883 million, representing a 14 percent increase year over year"Revenues grew nine percent while... More
