Check Point: Q3 Earnings Snapshot

Associated Press Finance
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TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Check Point Software Technologies Ltd. (CHKP) on Monday reported third-quarter earnings of $205 million.

The Tel Aviv, Israel-based company said it had profit of $1.75 per share. Earnings, adjusted for one-time gains and costs, came to $2.07 per share.

The results exceeded Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $2.02 per share.

The data security company posted revenue of $596.3 million in the period, also beating Street forecasts. Fourteen analysts surveyed by Zacks expected $591.8 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHKP at https://www.zacks.com/ap/CHKP

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