Investing.com – Check Point Software (NASDAQ:) reported on Monday first quarter that beat analysts’ forecasts and revenue that topped expectations.
Check Point Software announced earnings per share of $1.42 on revenue of $486.5M. Analysts polled by Investing.com anticipated EPS of $1.38 on revenue of $481.09M. That with comparison to EPS of $1.32 on revenue of $471.83M in the same period a year before. Check Point Software had reported EPS of $2.02 on revenue of $543.8M in the previous quarter. Analysts are expecting EPS of $1.44 and revenue of $490.54M in the upcoming quarter.
Check Point Software shares are down 5% from the beginning of the year , still down 13.92% from its 52 week high of $121.25 set on April 29, 2019. They are under-performing the Nasdaq which is down 4.48% year to date.
Check Point Software follows other major Technology sector earnings this month
Check Point Software’s report follows an earnings matched by Taiwan Semiconductor on Saturday, who reported EPS of $0.75 on revenue of $10.34B, compared to forecasts EPS of $0.75 on revenue of $10.32B.
Intel had beat expectations on Thursday with first quarter EPS of $1.45 on revenue of $19.83B, compared to forecast for EPS of $1.28 on revenue of $18.67B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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