Check Point Software reports higher-than-expected earnings per share but misses revenue estimates by $1.44M for the quarter.
Check Point Software Technologies reported Q2 non-GAAP earnings per share of $2.55, beating estimates by $0.10. Revenue reached $674M, up 1.4% year-over-year but falling short of expectations by $1.44M.
The company’s GAAP EPS stood at $1.87, a 2% increase from the prior year. Security subscriptions revenue grew 12% year-over-year to $333M, while GAAP operating income totaled $185M.
Shares showed limited movement following the mixed results, reflecting investor focus on the earnings beat despite the revenue miss.