Check Point Revenues Fueled by Network Security
A strong demand for network security have buoyed the third quarter revenues for Check Point.
Security vendor Check Point announced the numbers for its Q3 with a 17% increase in revenues to $273.2m compared to a year earlier and a 28 percent in GAAP operating income to $135.1m. Revenues have buoyed for Check Point because of a strong demand for network security and a return to spending in the America's and Asia Pacific.
"Gil Shwed, chairman and CEO of Check Point, said that it had been able to exceed its projections in both revenue and earnings per share. "This growth was a result of strong network security product sales across all regions with particular strength coming from the America's and Asia Pacific," he added that the software blade architecture had also contributed to its performance."