Core Insights - Check Point Software Technologies Ltd. has been recognized as a Leader in three GigaOm Radar reports: Application & API Security, Cloud Network Security, and Cloud Workload Security, highlighting its unified platform and AI-driven threat prevention capabilities [1][2][3] Group 1: Company Recognition - Check Point's CloudGuard solution is acknowledged for its holistic approach to cloud security, integrating cloud network security, workload protection, and posture management [2][4] - The recognition from GigaOm validates Check Point's continuous innovation in developing one of the industry's most comprehensive cloud security platforms [2][3] Group 2: Product Features - Check Point CloudGuard offers automated, AI-powered protection, simplifying cloud management while ensuring the security of workloads, applications, and data [2][3] - The solution features real-time, dynamic protection across multi-cloud environments, enabling adaptive security measures based on data analysis from major cloud providers [3][5] - Key capabilities include AI-driven vulnerability detection, real-time threat detection and response, data leak protection, and extensive hybrid-cloud support [5][6] Group 3: Strategic Partnerships - Check Point has formed a strategic partnership with Wiz, a leading CNAPP provider, to enhance their combined strengths in cloud security [4][5]

Core Insights - The partnership between Check Point Software Technologies and Wiz aims to create a new security paradigm by integrating cloud network security with Cloud Native Application Protection (CNAPP) to enhance enterprise protection in hybrid cloud environments [1][2][5] - This collaboration addresses the fragmentation in security operations, where cloud network security and cloud security teams often operate in silos, leading to inefficiencies and increased cyber risks [2][3] Company Overview - Check Point Software Technologies is a global leader in cyber security solutions, protecting over 100,000 organizations worldwide with its AI-powered, cloud-delivered security platform [6][8] - Wiz, founded in 2020, is recognized as the fastest-growing software company globally, securing cloud environments for numerous organizations, including over 45% of the Fortune 100 [9] Partnership Details - The partnership includes joint integration and migration of Check Point's CNAPP customers to Wiz, with Check Point reallocating resources and investing further in its cloud security business [4] - The collaboration aims to enhance visibility and risk prioritization, allowing organizations to manage security more effectively across hybrid environments [3][7] Security Solutions Offered - The integrated solution will provide unified security insights, enhanced risk context, prioritization of unsecured assets, and optimized security operations for customers [7] - Check Point's cloud network security controls will be integrated within Wiz's CNAPP risk platform, enabling real-time insights and actionable recommendations for security teams [7]

Group 1 - The core investment thesis for Check Point Software (NASDAQ: CHKP) is based on the belief that the market is overlooking the healthy underlying demand despite some weaknesses [1] - The investment strategy focuses on long-term investments while also incorporating short-term shorts to identify alpha opportunities [1] - The analysis emphasizes a bottom-up approach, assessing the fundamental strengths and weaknesses of individual companies [1] Group 2 - The investment duration is aimed at medium to long-term horizons, targeting companies with solid fundamentals and sustainable competitive advantages [1] - The goal is to identify growth potential within companies that exhibit these characteristics [1]

Core Insights - Check Point Software Technologies Ltd. has achieved a 99.9% block rate on Zero+1 day malware and a 99.7% phishing prevention rate, showcasing its leadership in cybersecurity solutions [1][2] - The Infinity Platform has been recognized by Miercom for delivering the highest threat prevention rate among top cybersecurity companies, with a significant year-over-year increase in cyber attacks [2][4] - Miercom's 2025 security report highlights Check Point's exceptional performance across various hybrid firewall use cases, including on-premises, cloud, and Firewall-as-a-Service [3][4] Company Performance - Check Point's Infinity Platform has the best record in vulnerability to being hacked, with only one Known Exploited Vulnerability (KEV) compared to competitors with 11, 16, and 21 KEVs [2] - The platform's performance in preventing malware downloads is significantly higher than other vendors, with a 99.9% prevention rate compared to competitors ranging from 62.7% to 90.9% [6] - In phishing prevention, Check Point leads with a rate of 99%, while other vendors range from 55.87% to 98.69% [6] Industry Context - The cybersecurity industry is experiencing a 44% increase in cyber attacks year-over-year, emphasizing the need for effective threat detection and prevention [2] - Miercom's benchmarks included a comprehensive assessment of various malicious file types and security engines, demonstrating the rigorous testing standards in the industry [5] - The report indicates a growing trend towards hybrid mesh firewall platforms, reflecting the evolving landscape of cybersecurity solutions [3]

VIENNA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ:CHKP), a pioneer and global leader of cyber security solutions, today revealed that the Infinity Platform has achieved an outstanding 99.9% block rate on Zero+1 day malware, a 99.7% phishing prevention rate, the highest security efficacy for Security Services Edge use cases, and an impressive 98% block rate on high and critical network intrusion exploits – as reflected in Miercom's 2025 security benchmark report. "Yet a ...

Core Insights - Check Point Software Technologies Ltd. has announced new capabilities for its Infinity Platform aimed at enhancing zero trust, improving threat prevention, reducing complexity, and simplifying security operations [1][2] Group 1: Cybersecurity Landscape - The digital world is increasingly hyperconnected, with new cyber threats emerging daily, leading to a 44% year-over-year increase in cyber-attacks, which places significant pressure on security teams [2][3] - Many organizations currently utilize a siloed security approach, resulting in operational challenges, fragmented policies, and security gaps [2][3] Group 2: New Innovations - Check Point introduced six new AI-powered innovations to enhance operations and threat prevention, focusing on unified identity and policy, collaborative threat prevention, and operational simplicity [3][6] - Unified Identity & Policy allows for more effective security policies through AI and identity awareness, ensuring only authorized users access critical resources [4] - Collaborative Threat Prevention utilizes AI to identify and block threats in real-time, reducing human error and speeding up remediation [5] - Operational Simplicity leverages AI insights to streamline operations, improving zero trust and reducing infrastructure downtime [6] Group 3: Specific Features - Quantum Policy Insights analyzes existing policies, recommends changes to improve security posture, and ensures alignment with corporate security guidelines [7] - Infinity Identity manages centralized identity across the Infinity Platform and integrates with third-party identity providers [7] - Infinity Playblocks provides security automation and orchestration, extending the reach of siloed security solutions [7] - Infinity AIOps proactively monitors gateways to predict and mitigate failures, while Infinity AI Copilot offers a chat-based GenAI assistant for security administration [10] Group 4: Company Overview - Check Point is a leading AI-powered, cloud-delivered cybersecurity platform provider, protecting over 100,000 organizations globally [8] - The Infinity Platform enhances cybersecurity efficiency and accuracy, featuring technologies like Check Point Harmony, CloudGuard, and Quantum [8]

2024 Fourth Quarter & Full Year Financial Results January 30th, 2025 Gil Shwed Founder & Exec Chair Nadav Zafrir CEO Roei Golan CFO Kip E. Meintzer Global Head of IR ©2025 Check Point Software Technologies Ltd. 1 Forward Looking Statement This presentation may contain certain forward-looking statements. These forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this report include, but are not limited to: Our expectation ...

Core Insights - Check Point Software Technologies Ltd. (CHKP) shares rose 7.4% following the release of better-than-expected fourth-quarter 2024 results, with non-GAAP earnings of $2.70 per share, surpassing the Zacks Consensus Estimate of $2.66 and meeting the upper end of management's guidance [1][8] Financial Performance - Fourth-quarter revenues reached $703.7 million, exceeding the consensus estimate of $698.2 million and above the guided range of $675-$715 million, marking a 6% year-over-year increase driven by an 8% rise in the Quantum Force appliance business and strong growth in Harmony Email and Infinity Platform revenues [3][4] - Security subscription revenues were $292.2 million, up 9.9% year-over-year, while products and licenses revenues increased 7.8% to $170.6 million, both surpassing Zacks Consensus Estimates [4] - Non-GAAP gross profit rose 6% year-over-year to $623 million, maintaining a gross margin of 89% [6] - Non-GAAP operating income for Q4 2024 was $306 million, down from $309 million in the previous year, with a non-GAAP operating margin of 43.5%, reflecting a contraction of 300 basis points due to increased operating expenses [7] Annual Performance - For the full year 2024, Check Point reported non-GAAP earnings of $9.16 per share, exceeding the Zacks Consensus Estimate of $9.11 and reflecting a 9% increase from the previous year's earnings of $8.42 per share [8] - Full-year revenues totaled $2.57 billion, surpassing the consensus mark of $2.56 billion and the guided range of $2.475-$2.625 billion, also representing a 6% year-over-year increase [9] Cash Flow and Balance Sheet - The company generated $249 million in cash from operational activities in Q4 and $1.06 billion for the full year, with stock repurchases amounting to $325 million in the quarter and $1.3 billion for the year [11] - As of December 31, 2024, deferred revenues stood at $2 billion, reflecting a 5% year-over-year increase [5] Guidance - For Q1 2025, Check Point projects revenues between $619 million and $649 million, with non-GAAP EPS expected in the range of $2.13-$2.23, while for the full year 2025, revenues are anticipated to be between $2.66 billion and $2.76 billion, with non-GAAP EPS projected at $9.60-$10.20 [12][13]

Core Insights - Check Point Software (CHKP) reported revenue of $703.7 million for Q4 2024, marking a year-over-year increase of 6.1% and exceeding the Zacks Consensus Estimate of $698.21 million by 0.79% [1] - The company's EPS for the same period was $2.70, up from $2.57 a year ago, also surpassing the consensus EPS estimate of $2.66 by 1.50% [1] Revenue Breakdown - Total revenues from products and security subscriptions reached $462.80 million, exceeding the average estimate of $454.82 million by analysts, reflecting a year-over-year increase of 9.1% [4] - Revenues from software updates and maintenance were $240.90 million, slightly below the estimated $242.63 million, with a year-over-year change of 0.6% [4] - Revenues from products and licenses amounted to $170.60 million, surpassing the average estimate of $161.62 million, representing a year-over-year increase of 7.8% [4] - Revenues from security subscriptions totaled $292.20 million, slightly below the estimated $293.23 million, with a year-over-year increase of 9.9% [4] Stock Performance - Check Point's shares have returned +9.2% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

分组1 - Check Point Software reported quarterly earnings of $2.70 per share, exceeding the Zacks Consensus Estimate of $2.66 per share, and up from $2.57 per share a year ago, representing an earnings surprise of 1.50% [1] - The company posted revenues of $703.7 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.79%, and an increase from $663.5 million year-over-year [2] - Check Point has surpassed consensus EPS estimates three times over the last four quarters, and has also topped consensus revenue estimates three times in the same period [2] 分组2 - The stock has gained approximately 9.2% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3] - The current consensus EPS estimate for the upcoming quarter is $2.23 on revenues of $632.08 million, and for the current fiscal year, it is $9.90 on revenues of $2.7 billion [7] - The Computers - IT Services industry, to which Check Point belongs, is currently in the top 30% of Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]