Check Point Software raises 2021 estimates after Q3 beat

Check Point Software raises 2021 estimates after Q3 beat

3 years ago
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https://www.reuters.com/article/chk-pnt-sftwre-results/check-point-software-raises-2021-estimates-after-q3-beat-idUSKBN2HI18P

JERUSALEM (Reuters) -Check Point Software Technologies beat estimates with a slight gain in third-quarter net profit and raised its 2021 estimates amid rapid growth in its consolidated cyber security platform and cloud protection products. Israel-based Check Point on Thursday said it earned $1.65 per diluted share excluding one-off items in the three-months ending Sept. 30, up from $1.64 a year earlier. Revenue grew 5% to $534 million. It was forecast to earn $1.60 a share on revenue of $5