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TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Check Point Software Technologies Ltd. (CHKP) on Wednesday reported first-quarter earnings of $190.9 million.
On a per-share basis, the Tel Aviv, Israel-based company said it had net income of $1.71. Earnings, adjusted for one-time gains and costs, were $2.21 per share.
The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.19 per share.
The data security company posted revenue of $637.8 million in the period, which also topped Street forecasts. Twelve analysts surveyed by Zacks expected $636.4 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