TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Check Point Software Technologies Ltd. (CHKP) on Thursday reported first-quarter earnings of $183.9 million.
On a per-share basis, the Tel Aviv, Israel-based company said it had profit of $1.60. Earnings, adjusted for one-time gains and costs, were $2.04 per share.
The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.01 per share.
The data security company posted revenue of $598.8 million in the period, also exceeding Street forecasts. Twelve analysts surveyed by Zacks expected $595.3 million.
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