In This Article:
Check Point Software Technologies (NASDAQ:CHKP) Full Year 2024 Results
Key Financial Results
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Revenue: US$2.57b (up 6.2% from FY 2023).
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Net income: US$845.7m (flat on FY 2023).
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Profit margin: 33% (down from 35% in FY 2023). The decrease in margin was driven by higher expenses.
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EPS: US$7.65 (up from US$7.19 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Check Point Software Technologies Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's shares are up 3.3% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Check Point Software Technologies' balance sheet.
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