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Check Point Software Q4 profit, revenue beat estimates
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Check Point Software Q4 profit, revenue beat estimates
Jan 30, 2025 2:17 AM

JERUSALEM, Jan 30 (Reuters) - Check Point Software

Technologies ( CHKP ) beat fourth-quarter profit expectations on

Thursday with revenue exceeding $2.5 billion in 2024.

The Israeli-based network security company reported $2.70

per diluted share excluding one-off items for the

October-December quarter, up 5% from $2.57 a year earlier.

Revenue grew 6% to $704 million.

That beat the $2.65 a share on revenue of $699 million

expected by analysts, LSEG data from Refinitiv showed.

Check Point said it bought back 1.7 million shares in the

quarter, worth $325 million, as part of an ongoing $2 billion

share buyback programme.

Industry veteran Nadav Zafrir took over as chief executive

starting in December.

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