Israeli cyber security company Check Point's Q3 profit tops estimates

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Israeli cyber security company Check Point's Q3 profit tops estimates
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JERUSALEM : Check Point Software Technologies on Monday reported a higher than expected profit for the third quarter boosted by double-digit revenue growth in subscriptions for its platform that prevents attacks across networks, mobile and the cloud.The Israeli-based company said it earned $2.

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FILE PHOTO: Gil Shwed, Founder and CEO, Check Point Software Technologies Ltd, speaks at a Cyber security conference in Tel Aviv, Israel January 31, 2017. REUTERS/Baz Ratner/File PhotoJERUSALEM : Check Point Software Technologies on Monday reported a higher than expected profit for the third quarter boosted by double-digit revenue growth in subscriptions for its platform that prevents attacks across networks, mobile and the cloud.

It was forecast to earn $2.02 a share on revenue of $591.5 million, according to I/B/E/S data from Refinitiv.

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