Check Point deals rise in Q1

Investor's Business Daily

The largest stand-alone network security company said Q1 EPS rose 6.8% to 79 cents, a penny above views. Sales rose 3.1% to $322.7 mill, under estimates of $328 mil. Check Point (CHKP) saw fewer deals at the very high end. But it also saw its proportion of deals above $50,000 rise, accounting for 67% of total order value vs. 60% last year. Shares rose 0.7% to 45.59.

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