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Check Point Software Technologies Q2 Adjusted Earnings, Revenue Rise; Names Nadav Zafrir as Chief Executive
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Check Point Software Technologies Q2 Adjusted Earnings, Revenue Rise; Names Nadav Zafrir as Chief Executive
Jul 24, 2024 2:54 AM

05:33 AM EDT, 07/24/2024 (MT Newswires) -- Check Point Software Technologies ( CHKP ) reported Q2 non-GAAP earnings Wednesday of $2.17 per diluted share, up from $2 a year earlier.

Analysts polled by Capital IQ expected $2.16.

Revenue for the quarter ended June 30 was $627.4 million, compared with $588.7 million a year earlier.

Analysts surveyed by Capital IQ expected $623.3 million.

Moreover, the company appointed Nadav Zafrir as chief executive officer, effective December.

Zafrir has been a co-founder and managing partner at Team8 for the last 10 years and has served as chairman of the board of SolarEdge Technologies since 2019.

Founder and current CEO Gil Shwed will transition to the role of executive chairman of the board.

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