Investing.com - Check Point Software reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Check Point Software announced earnings per share of $2.02 on revenue of $543.8M. Analysts polled by Investing.com anticipated EPS of $1.99 on revenue of $543.27M. That with comparison to EPS of $1.68 on revenue of $525.56M in the same period a year before. Check Point Software had reported EPS of $1.44 on revenue of $490.91M in the previous quarter. Analysts are expecting EPS of $1.45 and revenue of $490.53M in the upcoming quarter.
Check Point Software shares are up 3.02% from the beginning of the year , still down 13.89% from its 52 week high of $132.75 set on April 16, 2019. They are outperforming the Nasdaq 100 which is up 2.15% year to date.
Check Point Software follows other major Technology sector earnings this month
Check Point Software's report follows an earnings beat by Apple on January 28, who reported EPS of $4.99 on revenue of $91.82B, compared to forecasts EPS of $4.54 on revenue of $88.51B.
Microsoft had beat expectations on Wednesday with second quarter EPS of $1.51 on revenue of $36.91B, compared to forecast for EPS of $1.05 on revenue of $32,512M.
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