Check Point Q2 Profit Rises; Adj. EPS Beats Estimates - Quick Facts

(RTTNews) - Check Point Software Technologies Ltd. (CHKP), a pure-play security vendor, reported Wednesday that its second-quarter net income increased to $162.64 million from last year's $159.66 million. Earnings per share were $0.88, compared to $0.83 in 2014.

On an adjusted basis, net income was $183 million, compared to $172 million last year, and earnings per share were $0.99, compared to $0.89 a year ago.

On average, 27 analysts polled by Thomson Reuters expected earnings of $0.95 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues were $395.33 million, 9 percent higher than last year's $362.60 million. Analysts expected revenues of $392.58 million.

Total revenues from products and software blades subscriptions delivered 11 percent growth, which was driven by strong demand across industries and business segments.

Adjusted operating income grew 7 percent from last year to $221 million.

Gil Shwed, founder and chief executive officer of Check Point, said, "We are pleased with the increased demand for our latest technologies to combat cyber-attacks and the healthy interest in our mobile threat prevention technologies. We continue to execute on our vision for a consolidated security platform that addresses tomorrow's security needs."