Investing.com - Check Point Software reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Check Point Software announced earnings per share of $1.65 on revenue of $534M. Analysts polled by Investing.com anticipated EPS of $1.6 on revenue of $529.4M.
Check Point Software shares are down 11% from the beginning of the year , still down 15.17% from its 52 week high of $139.25 set on Tuesday, December 29, 2020. They are under-performing the Nasdaq which is up 18.21% year to date.
Check Point Software follows other major Technology sector earnings this month
Check Point Software's report follows an earnings beat by Alphabet C on Tuesday, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.84 on revenue of $63.47B.
Facebook had beat expectations on Monday with third quarter EPS of $3.22 on revenue of $29.01B, compared to forecast for EPS of $3.19 on revenue of $29.58B.
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