Check Point Software Technologies Ltd Q1 Income Rises 8%

(RTTNews) - Check Point Software Technologies Ltd (CHKP) released earnings for its first quarter that climbed compared to the same period last year.

The company said its bottom line advanced to $201.50 million, or $1.20 per share. This was higher than $187.09 million, or $1.06 per share, in last year's first quarter.

Analysts had expected the company to earn $1.19 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.7% to $435.45 million. This was up from $404.27 million last year.

Check Point Software Technologies Ltd earnings at a glance:

-Earnings (Q1): $201.50 Mln. vs. $187.09 Mln. last year. -Earnings Growth (Y-o-Y): 7.7% -EPS (Q1): $1.20 vs. $1.06 last year. -EPS Growth (Y-o-Y): 13.2% -Analysts Estimate: $1.19 -Revenue (Q1): $435.45 Mln vs. $404.27 Mln last year. -Revenue Change (Y-o-Y): 7.7%