Categories Earnings, Technology

Check Point Software (CHKP): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— Check Point Software Technologies Ltd. (NASDAQ: CHKP) reported Q4 2019 earnings of $2.02 per share, vs. $1.99 expected.

— Revenues grew 3% to $544 million, vs. $542 million expected.

— Deferred revenues amounted to $1.38 billion as of December 31, 2019, up 4% year-over-year.

— Products and licenses revenue totaled $158 million.

— Security subscriptions revenue amounted to $163 million.

— Revenue from software updates and maintenance totaled $222 million.

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