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Check Point Software Earnings, Revenue Beat in Q1

Stock Markets Apr 27, 2022 05:03AM ET

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Check Point Software Earnings, Revenue Beat in Q1

Investing.com - Check Point Software (NASDAQ:CHKP) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Check Point Software announced earnings per share of $1.57 on revenue of $543M. Analysts polled by Investing.com anticipated EPS of $1.54 on revenue of $536.07M.

Check Point Software shares are up 16% from the beginning of the year, still down 9.43% from its 52 week high of $149.62 set on March 3. They are outperforming the Nasdaq which is down 20.16% from the start of the year.

Check Point Software follows other major Information Technology sector earnings this month

Check Point Software's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.22 on revenue of $49.36B, compared to forecasts EPS of $2.19 on revenue of $49.01B.

Taiwan Semiconductor had beat expectations on April 14 with first quarter EPS of $1.35 on revenue of $16.94B, compared to forecast for EPS of $1.27 on revenue of $16.73B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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