Check Point Software Technologies (NASDAQ:CHKP) Full Year 2023 Results
Key financial results
- Revenue: $2.41 billion (up 3.6% from FY2022).
- Net income: $840.3 million (up 5.4% from FY2022).
- Profit margin: 35% (according to fiscal year 2022).
- Earnings per share: $7.19 (up from $6.37 in fiscal 2022).
All figures shown in the graph above refer to the period of the last 12 months (TTM).
Check Point software technologies meet expectations
Revenues were in line with analysts’ estimates. Earnings per share (EPS) were also in line with analysts’ expectations.
Looking ahead, revenue is projected to grow at an average of 5.4% annually over the next 3 years, compared to a 12% growth forecast for the US software industry.
Performance The US software industry.
The company’s share price is largely unchanged from a week ago.
Balance analysis
Just as investors must consider earnings, it is also important to consider the strength of a company’s balance sheet. We did some analysis and you can see our look at Check Point Software Technologies’ balance sheet.
Valuation is complex, but we help make it simple.
Find out if Check Point software technology is potentially overrated or underrated by checking our extensive analysis, which includes fair value estimates, risks and caveats, dividends, preferential transactions and financial health.
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