Check Point delivers strong quarterly revenue growth but stock drops

Shares in Check Point Software Technologies Ltd. closed down 5% in regular trading today despite the cybersecurity company beating expectations in its latest quarterly earnings report. For the quarter that ended on March 31, Check Point reported adjusted earnings per share of $2.04, up 13% year-over-year, on revenue of $599 million, up 6% year-over-year.

Source: SiliconANGLE

 


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