Check Point Software Tech Ltd Stock Price, News & Analysis

Check Point Research has released its Global Threat Index for December 2021, highlighting significant cybersecurity threats. The report indicates that Trickbot remains the leading malware, affecting 4% of organizations, while Emotet has surged from seventh to second place. The Apache Log4j vulnerability is the most exploited, impacting 48.3% of organizations globally. The report notes that the Education/Research sector is the most targeted industry. The information emphasizes the need for improved email security solutions to combat these evolving threats.

Check Point Software Technologies Ltd. (NASDAQ: CHKP) will release its fourth quarter and full-year financial results for the period ending December 31, 2021, on February 3, 2022, before U.S. markets open. A video conference call for investors will follow at 8:30 AM EST. Stakeholders can access a live webcast on the company's investor relations website. Check Point is recognized for providing cyber security solutions to over 100,000 organizations worldwide, offering protection against advanced cyber threats.

Check Point Harmony Endpoint has been recognized as a Major Player in two IDC MarketScape reports for its strong endpoint security capabilities. The reports highlight Check Point’s profitability for over 15 years, a broad product portfolio, and distinctive features such as rollback remediation. The ZoneAlarm brand allows Check Point to engage actively in the consumer market. The reports underscore the importance of integrating security solutions to enhance user protection against various threats, including malware and ransomware.

Check Point Research has published its Global Threat Index for October 2021. Trickbot, a modular botnet, continues to dominate as the most prevalent malware, impacting 4% of organizations globally. A new vulnerability in Apache HTTP Server has emerged, ranking tenth among exploited vulnerabilities. The Education/Research sector is reported as the most attacked industry. These findings highlight significant cybersecurity threats impacting organizations worldwide, with essential recommendations for companies to bolster their defenses.

Check Point Software Technologies (NASDAQ: CHKP) has launched the Check Point Mind, a training portal aimed at addressing the global cybersecurity skills shortage. Collaborating with over 200 training partners, the portal offers a variety of courses accessible for free or through payment methods including credit cards and Check Point Learning Credits. The U.S. faces a shortage of approximately 465,000 cybersecurity professionals, with a global estimate of 2.72 million. The initiative aims to equip individuals from students to executives with essential cybersecurity skills.

Check Point Software has been named a Leader in the Gartner Magic Quadrant for Enterprise Network Firewalls for its innovative security architecture, including the Maestro Hyperscale solution, and strong customer satisfaction. The recognition highlights Check Point's ability to adapt to sophisticated security threats through its comprehensive portfolio that spans on-premises, cloud, and hybrid networks. With a commitment to a prevention-first strategy and more than 100,000 customers globally, including 90% of the Fortune 500, Check Point continues to solidify its position in the cybersecurity landscape.

Check Point Software Technologies (NASDAQ: CHKP) reported Q3 2021 financial results with total revenues of $534 million, up 5% year over year. Subscription revenues reached $190 million, marking a 13% increase. GAAP operating income was $225 million (42% of revenues), while non-GAAP operating income was $261 million (49% of revenues). GAAP EPS was $1.40, down 1% year over year, but non-GAAP EPS rose 1% to $1.65. The company acquired Avanan for $234 million and expanded its share repurchase program to $2 billion.