Friday, 24 March, 2023

Check Point Q2 profits on 'healthy' cyber security demand

<p>The second-quarter profit for Check Point Software Technologies increased by 2%, exceeding expectations. It was backed by a double-digit surge in income from products and subscriptions to safeguard the cloud and other networks from growing cyberattacks. The Israel-based company reported that its earnings during the months of April through June increased from $1.61 to $1.64 per diluted share, excluding one-time items. Revenue increased by 9% to $571M.</p>