Check Point: Q2 Earnings Snapshot – mySA

TEL AVIV, Israel (AP) _ Check Point Software Technologies Ltd. (CHKP) on Monday reported second-quarter profit of $173.6 million.

The Tel Aviv, Israel-based company said it had profit of $1.36 per share. Earnings, adjusted for one-time gains and costs, came to $1.64 per share.

The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.62 per share.

The data security company posted revenue of $571.1 million in the period, also exceeding Street forecasts. Thirteen analysts surveyed by Zacks expected $560 million.

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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

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